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FTIJh; <br />'.roWI1 <br />af. <br />~-- ~il~s <br />Ffiw tdG. :9197~239^l .T.3n. 25 2~36G 09:4?PM P'i <br />RESOLUTION OF THE HILISAOROUGH TQWN B~JARD OP COMhIISSlONERS <br />REGARDING JOINT HOUSIItiG DEVELOPMENT PR07ECT WTl li <br />HABITAT FOR H1J1,4AN1TY OF ORANGE COUNTY <br />WHEREAS, the To~~tt of Hillsborough has a stated goal of improving the quality of life for <br />existing residents in the Fairview community, and <br />WHEREAS, increasing home oon:ership opportunities is one method of stabilising and <br />improving ncighhorhoods, and <br />WHEREAS, Habitat for Humattity is willing to develop 18 existing lots us singe family homes <br />for salo to Habitat program participants. <br />NOW, T[IFRE.FORi~ BE IT RLSOLVCD, by the Hillsborough Town Boazd of Cornrnissioness, <br />that the Board hereby agrees to the following: <br />l Consider in a timely Wanner a voluntary annexation request i'ot 18 lots ou Tulip~'er, <br />.~,, Road <br />Z Support Habitat's application to the Qrange County Affordab)e Housing Bond <br />program for land bani:ing funds to provide 75% of the purchase price of the tots. <br />It Commit the financial and personnel resources required to exlCnd sewer service :.o the <br />18 lots, and that the extension of the sewer will be corilpleted no later than December <br />2006. <br />This the 12's day of December 2005. <br />-3,,,„ .u.rii <br />~,~~ p9 . <br />o O ~: <br />NUs n = <br />-y <br />}~ (~y~~~, ,,, <br />y~y VARY" ~~~~,~ <br />~~~UIq 1 i 111---~ <br />•~~ <br />~_ "'"` <br />Tom Sievers, Mayor <br />Town of Hillsborough <br />Donna F. Amtbrister <br />Town Clerk <br />JOl Fiasr Change Syract • P.O. Box 429 • Fli[lsborougYr, North Carvlirro ?72?8 <br />