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Agenda - 10-16-2001-8h
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Agenda - 10-16-2001-8h
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Last modified
8/29/2008 3:30:47 PM
Creation date
8/29/2008 10:34:50 AM
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BOCC
Date
10/16/2001
Document Type
Agenda
Agenda Item
8h
Document Relationships
2001 S ERCD - NC Division of Water Wuality Wetland Restoration Section . Stillhouse Creek Wetlands Restoration Project Option Agreement
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\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2001
Minutes - 20011016
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\Board of County Commissioners\Minutes - Approved\2000's\2001
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s. DocurvrE~ rs xoR cLOBINC. qua cratrmr sEwl ~mab ma aah.rn az gma;ng <br />ervation easemmt my CwnePs of&davit6 ox docwnents re3uix~ by a title <br />amp®y to remove the s6mdaN title polioy axceptiovs, end any other <br />do umrntsrnececsary W clou m auwrdavice wiN the cemu of ttie Option These <br />docwvmt6 will be prepared at the axpmea oftha amts. <br />6. MISCELLANEOUS CLOSING EXPEN6E6. The fibre will pay charges due <br />upon execution of con6ervafion msemrnt m the State_ 'T'he State will pay recording <br />fees. <br />]. CONDITION OF PROPERTY/ IEISA OF LOSS. The GraYbr fihall not hanafcr <br />or rneumber any interests in the PSOpmy prior to clasirtg. ]he Grav[or shall remove <br />ell mbbiah or trash including evy hazmdous or harmful chemical snbstvwa, fisnn the <br />oration easvnevt area prior to closiag but shall otherwise keep dm Property in <br />itsnenrrent condition writ closing and aballprovmt and refrain from avY use of the <br />Pmpetty, for any purpou any mvucex, that would dm~irush its value m <br />adversely affect the 6b[e'a intended use ofdac Properly <br />1o the snort of arty adverse change N the condition of Ne Property, wheNer 6aid <br />change is caused by Gravmr or by forces beyond Grmtor's cavtral, Ne fibre may <br />elector a} refuse m accept Wgpropedy; b) accept the Property, or a portion themo[ iv <br />which wu there may be nn egwbble adjus[mmt o£ the purchase price based on a <br />change in cvcumabvccs; or c) in the case of a chanae arced by Grmlor requhe <br />restora¢an o(Ne Property b its wnditiw at Ne time tlua Option was granted. <br />e. RIGHT OE ENTRY AND INSPECTION. The 6tatc and its egmLS shall have the <br />nglu a inter npm the Property at masmuble rimes for surveying, cmiducting <br />vmenbl irepectiovs and essessmmta m detxt fiarardou6 yr toxic subetmcca, <br />mdro[har reasomble purpo6ee reW[ed to tW6 bavsv-tion. Based upon the resulla of <br />the mvimmnmtd inspxticvs and as6esunevt6, or upon other wvditiove revealed m <br />be mtsuibble ro be Sfvte, the State may elect m refbae to accept the Property. <br />9. REMEDIES. In addition to any otlim remedy specifically net forth N [Itie Option, <br />We Stale bas the right to enforce the p[oviaions of this Option tbmugM1 an action far <br />specific performance, injwdive mhef, damages, connibntion or my other available <br />proceedings iv Ivw or equity. IEe election of any one remedy available tinder this <br />Option sfisE not camlitute a waive of arty othm available remedies. <br />lA BINDING EFFECT. 11tis Option bttomea effective whin signed by lfie Graalor <br />etW ehaE then app1Y m mtl bind the Grantor error Gnntor'e heirs, execnmm, <br />administrators. succe6ure, and aseigps. <br />11. COMPLETE ACRF.EMENT. Phl6 Option oonefitutce tiro sole and mmplCle <br />agreemml bclwcm the parties and cannot be chmgd except by written agreement. <br />No repmsevtetivn yr pmmisa not mclnded in tltis Option shall be binding upon Nc <br />parties. <br />
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