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Agenda - 04-03-2018 6-b - Site Acquisition Development of a Multi-Purpose County Campus
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Agenda - 04-03-2018 6-b - Site Acquisition Development of a Multi-Purpose County Campus
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BOCC
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4/3/2018
Meeting Type
Regular Meeting
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Agenda
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6-b
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Agenda - 04-03-2018 Regular Meeting
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\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 04-03-2018 Regular Meeting
Minutes 04-03-2018
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\Board of County Commissioners\Minutes - Approved\2010's\2018
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C: <br />REAL EBTATE <br />TIIIS AGREEMENT, including any and all addenda attached hereto ( "Agreement "), is by and between <br />Ora.ncie Countv <br />FOR AND IN CONSIDERATION OF THE MUTUAL PROMISES SET FORTH HEREIN AND OTHER GOOD AND VALUABLE <br />CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES <br />HERETO AGREE AS FOLLOWS: <br />Section 1. Terms and Definitions: The terms listed below shall have the respective meaning given them as set forth adjacent to each <br />term. <br />(a) !PronertY ": (Address) X24 hTerst Bill Ate. North 70 ®Y7 <br />Hillsborough, NC 27278 <br />Plat Reference: Lot(s) 1 , Block or Section , as shown on Plat Book or Slide <br />94 at Page(s) 68 Orange County, consisting of 10.40 acres. <br />If this box is checked, "Property" shall mean that property described on Exhibit A attached hereto and incorporated <br />herewith by reference, <br />(For information purposes: (i) the tax parcel number of the Property is: 9864 -39 -2344 <br />and, (ii) some or all of the Property, consisting of approximately 10.40 acres, is described in Deed Book <br />3446 , Page No. 29 Oran e <br />r County.) <br />together with all buildings and improvements thereon and all fixtures and appurtenances thereto and all personal property, if any, <br />itemized on Exhibit A. <br />$ <br />$192,400. 00 (b) "Purchase Price" shall mean the sum of One Hundred Ninety -Two Thousand Four <br />HuncIred Dollars, <br />payable on the following terms: <br />$ <br />2,500.00 (i) "Earnest Money" shall mean Two Thousand, Five Hundred Dollars <br />or terms as follows: <br />Upon this Agreement becoming a contract in accordance with Section 14, the Earnest Money shall be <br />promptly deposited in escrow with Pickett-Sprouse Real Estate Inc. (name of <br />person/entity with whom deposited- "Escrow Agent "), to be applied as part payment of the Purchase Price <br />of the Property at Closing, or disbursed as agreed upon under the provisions of Section 10 herein. <br />Page 1 of 8 <br />This form jointly approved by: STANDARD FORM 580 -T <br />North Carolina Bar Association Revised 7/2017 <br />REALTORS North Carol, 'on of REALTORS ®, Inc Q 7/2017 <br />Buyer Initials Seller Initials ,m% <br />Pickett-Sprouse Real Facets - corporate, PO Box 52118 Durham, NC 27717 Phone; 919. 493 -0393 Fax: 919493.1323 MO PS -Omnge <br />Lynne Mpaolo Produced with zlpFcmt® by 21pLoglx 18070 FlReen Mlle Road, Fraser, Mlchlilan 48026 ) w. i =bc ^rn <br />
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