Browse
Search
2017-609 AMS - Town of Carrboro - Development Agreement Regarding Southern Branch Library
OrangeCountyNC
>
Board of County Commissioners
>
Contracts and Agreements
>
General Contracts and Agreements
>
2010's
>
2017
>
2017-609 AMS - Town of Carrboro - Development Agreement Regarding Southern Branch Library
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/21/2018 10:30:21 AM
Creation date
1/29/2018 10:39:41 AM
Metadata
Fields
Template:
Contract
Date
12/4/2017
Contract Starting Date
12/4/2017
Contract Document Type
Agreement
Agenda Item
10/17/17; 6-c
Document Relationships
Agenda - 10-17-2017 - 6-c - Orange County Southern Branch Library Development Agreement
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2017\Agenda - 10-17-2017 - Regular Mtg.
R 2017-609 AMS - Town of Carrboro - Development Agreement Regarding Southern Branch Library
(Attachment)
Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2017
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
PAF rM2- 4)7aD/? —�c�� <br />STATE OF NORTH CAROLINA <br />COUNTY OF ORANGE <br />DEVELOPMENT AGREEMENT REGARDING <br />SOUTH GREENSBORO STREET PROPERTY <br />BY AND BETWEEN <br />THE TOWN OF CARRBORO, NORTH CAROLINA <br />AND <br />THE COUNTY OF ORANGE, NORTH CAROLINA <br />THIS DEVELOPMENT AGREEMENT (the "Agreement "), made and entered into <br />this q ` day of 01;7060L, 5_R , 2017, by and between the TOWN OF CARRBORO, a <br />North Carolina municipal corporation, hereafter referred to as the "Town ", and THE COUNTY <br />OF ORANGE, a North Carolina county, hereafter referred to as the "County ". Collectively, <br />the Town and the County are sometimes referred to in this Agreement as the "Parties ". <br />W I TNESETH: <br />WHEREAS, the County and the Town have desired to investigate and pursue the <br />development of an Orange County Southern Branch Library to be operated by the County and <br />located in downtown Carrboro; and <br />WHEREAS, the Town owns an approximately 0.88 acre parcel of land in Carrboro <br />known as 203 South Greensboro Street and identified by Orange County parcel identification <br />Number 9778 -85 -7932 (hereinafter, the "Property ", illustrated in Exhibit A) which the Town <br />acquired in April 2013 for a purchase price of Six Hundred Thousand Dollars ($600,000.00); and <br />WHEREAS, the Town has conducted facilities needs studies to determine and forecast <br />the Town's current and future needs for facilities to house Town administrative operations and <br />offices; and <br />WHEREAS, the Town and the County have each determined that they may each derive <br />benefits for themselves and for the residents of the Town and the County if they can <br />cooperatively plan and develop a facility (the "Facility ") to house the Orange County Southern <br />Branch Library and Town administrative offices, with potential for also accommodating other <br />compatible uses if space and financing considerations make such collocation feasible; and <br />WHEREAS, the County and the Town desire to establish terms pursuant to which they <br />will cooperatively proceed with the planning, financing and development of the Property for <br />joint use as a County library and Town administrative offices, and associated parking <br />garage /deck facilities (collectively, all proposed improvements to the Property may be referenced <br />to as the "Facilities "); and <br />WHEREAS, the Property is appropriately zoned for the use proposed for the project, <br />except that, in order for the County and the Town to construct and operate the Facility at the Site, <br />
The URL can be used to link to this page
Your browser does not support the video tag.