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Agenda - 08-17-2004-5q
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Agenda - 08-17-2004-5q
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Last modified
8/29/2008 5:21:47 PM
Creation date
8/29/2008 10:23:26 AM
Metadata
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Template:
BOCC
Date
8/17/2004
Document Type
Agenda
Agenda Item
5q
Document Relationships
2004 S Finance - BB&T Refinancing Installment Purchase Agreement
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2004
Minutes - 20040817
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2004
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<br />Now, therefore, for and in consideration of the premises, and for the purposes <br />described in the Original Agreement the County covenants and agrees with BB&T (and its <br />respective heirs, successors and assigns), as follows: <br />1. The Original Agreement is hereby amended to read as set forth on Exhibits A-1 <br />and A-2 attached to this Modification Agreement and incorporated herein by this reference. <br />2. Except as modified by this Modification Agreement, the terms and provisions of <br />the Original Agreement are in all respects ratified and confirmed. <br />3. This Modification Agreement affects the same real property as the Original <br />Agreement. <br />4. Notwithstanding any other provision of this agreement or the Original <br />Agreement, the County and BB&T intend to comply with North Carolina General Statutes <br />Section 160A-20. No deficiency judgment may be entered against the County in violation of <br />such Section 160A-20. <br />5. This document may be executed in counterparts, including separate counterparts, <br />all of which shall constitute but a single agreement. <br />IN WITNESS WHEREOF, the County has caused this instrument to be executed as of <br />the day and year first above written by duly authorized officers. <br />ATTEST: (SEAL) ORANGE COUNTY, <br />NORTH CAROLINA <br />Clerk, Board of Commissioners Chair, Board of Commissioners <br />2 <br />
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