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Agenda - 6-b - Approval to Acquire Property at 509 Central Avenue, Hillsborough
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Agenda - 6-b - Approval to Acquire Property at 509 Central Avenue, Hillsborough
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3/29/2019 9:04:14 AM
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3/29/2019 8:42:10 AM
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BOCC
Date
4/2/2019
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6-b
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Agenda - 04-02-2019 Regular Board Meeting
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4 <br /> is approved, the funds for purchase will be paid out of the Affordable Housing Land <br /> Banking Fund; and <br /> 2) Authorizing the County Manager, after consultation with the County Attorney and/or <br /> the closing attorney retained by the County, to execute the necessary sale documents <br /> with the seller, Shannon Brown; and <br /> 3) Authorizing the County Manager, after consultation with the County Attorney, to <br /> execute the necessary documents to transfer purchased property at 509 Central <br /> Avenue, Hillsborough, NC 27278 to EmPOWERment, Inc. for use as an affordable <br /> rental unit. The unit will be rehabbed before the transfer to EmPOWERment, Inc. <br /> takes place. The rehabilitation cost will be paid out of County HOME or other <br /> applicable housing rehabilitation funds. <br />
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