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2018-120-E Housing - Empowerment acquisition of rental properties
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2018-120-E Housing - Empowerment acquisition of rental properties
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Last modified
7/31/2018 4:39:35 PM
Creation date
4/23/2018 1:51:06 PM
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Contract
Contract Document Type
Agreement
Amount
$475,700.00
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R 2018-120 Housing - Empowerment acquisition of rental properties
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\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2018
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DocuSign Envelope ID: 764A29F1 -E414- 4251- 9AE2- 7ABF3F9D9344 <br />JURISDICTION, WITH VENUE IN ORANGE COUNTY. Owner hereby further <br />specifically acknowledges that the beneficiaries of Owner's obligations hereunder cannot be <br />adequately compensated by monetary damages in the event of any default hereunder. <br />E. This Declaration may be enforced by Orange County or its designee in the event Owner fails <br />to satisfy any of the requirements of this Declaration by proceedings at law or in equity <br />against any person or persons violating or attempting to violate any covenant. If legal costs <br />are incurred by Orange County, such legal costs, including attorney fees and court costs <br />(including costs of appeal), are the responsibility of, and may be recovered from the Owner. <br />SECTION 6 MISCELLANEOUS <br />A. Severability. The invalidity of any clause, part, or provision of this Declaration shall not <br />affect the validity of the remaining portions thereof. <br />B. Notices. Any Notice shall be in writing and shall be given by depositing the same in the <br />United States mail, post -paid and registered or certified, and addressed to the party to be <br />notified, with return- receipt requested, or by delivering the same in person to an officer or <br />principal of such party. Notice deposited in the mail in the manner hereinabove <br />described shall be effective upon mailing. For purposes of Notice, the addresses of the <br />parties shall, unless changed as hereinafter provided, be as follows: <br />i. To the County: Orange County <br />c/o Housing and Community Development <br />Department <br />P.O. Box 8181 <br />Hillsborough, NC 27278 <br />ATTN: Director <br />ii. To Empowerment: Empowerment, Inc. <br />109 N. Graham Street <br />Chapel Hill, NC 27514 <br />ATTN: Executive Director <br />C. Governing Law. This Declaration shall be governed by the laws of the State of <br />North Carolina and, where applicable, the laws of the United States of America. <br />IN WITNESS WHEREOF, the Owner has caused this Declaration to be signed by its <br />duly authorized representative, on the day and year first above written. <br />23 <br />
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