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Agenda - 05-15-2001-7a
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Agenda - 05-15-2001-7a
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Last modified
9/1/2008 11:11:55 PM
Creation date
8/29/2008 10:31:40 AM
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BOCC
Date
5/15/2001
Document Type
Agenda
Agenda Item
7a
Document Relationships
2001 S Purchasing - Public Hearing on Installment Contract to Purchase Land Seven Mile Creek Preserve (Mayes' Hill, Ltd.)
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2001
Minutes - 05-15-2001
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2001
S Waranty Deed - Land Seven Mile Creek Preserve (Mayes' Hill, Ltd.)
(Linked From)
Path:
\Board of County Commissioners\Various Documents\2000 - 2009\2001
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a~ <br />Exhibit A <br />SATISFACTION: The debt evidenced by <br />this note has been satisfied in full <br />this day of 20 <br />Signed: <br />INSTALLMENT PIIRCHASE PROMISSORY NOTE <br />Hillsborough, N.C. <br />2000 <br />FOR VALUE RECEIVED the undersigned, Orange County, North <br />Carolina (the "County"), promises to pay to MAYES' HILL, <br />LIMITED, ar assigns of which the County has been notified, the <br />principal sum of $430,992, with interest from at <br />the rate of five per cent (5.0~) per annum on the unpaid balance <br />until paid, both principal and interest payable in lawful money <br />of the United States of America, by mailing said moneys to <br />MAYES' HILL, LIMITED, 300 C. C. Hayes .Road, Purlear, North <br />Carolina 28665 or at such place as the legal holder hereof may <br />designate in writing. The principal and interest shall be due <br />and payable in monthly installments pursuant to the attached <br />Amortization Schedule. - <br />This instrument has been preaudited in the manner required <br />by The Local Government Budget and Fiscal Control Act. <br />Dated: 20 <br />Finance Director, Orange County <br />
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