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2021-531-E-Housing-CASA-Affordable Housing Bond – Perry Place Rental Development
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2021-531-E-Housing-CASA-Affordable Housing Bond – Perry Place Rental Development
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Last modified
9/29/2021 2:33:38 PM
Creation date
9/29/2021 2:33:17 PM
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Contract
Date
9/28/2021
Contract Starting Date
9/28/2021
Contract Ending Date
9/29/2021
Contract Document Type
Agreement
Amount
$1,373,366.00
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10 <br />EXHIBIT A <br /> <br />Legal Description <br /> <br />New Lot 1 <br /> <br />BEGINNING at an Existing Iron Pipe in the northern right-of-way of Merritt Mill Road (Highway <br />Map Book 1, Page 176), said iron pipe having NC Grid Coordinates of N=783,021.94’, <br />E=1,979,304.66’, the POINT AND PLACE OF BEGINNING; and continuing from said iron pipe <br />along said Merritt Mill Road South 80˚ 54' 43" West 123.19 feet to an Existing Iron Pipe in the <br />right of way of said Merritt Mill Road; thence South 81°47'44" West a distance of 132.37 feet to a <br />point, said point being the Southeast corner of Roscoe B. Farrow II (PIN# 9778839033 / Deed Book <br />6587, Page 356); thence along the line of Roscoe B. Farrow II, Roberts Street (a 50’ wide Public <br />R/W), and the heirs of Ruthena Sanford (PIN# 9778839117 / Estate File 19-E-525) North 08°57'20" <br />West a distance of 364.55 feet passing an Iron Pipe Set at 5.00 feet, to an Existing Iron Rod on the <br />Southern line of PS NC III LP (PIN# 9778839403 / Deed Book 5704, Page 234); thence with the <br />line of PS NC III LP the following four (4) calls: South 82°58'49" East a distance of 134.78 feet to <br />an Existing Iron Pipe; thence South 82°58'49" East a distance of 150.29 feet to an Existing Iron <br />Pipe; thence South 82˚ 58' 49" East 50.05 feet to an Existing Iron Pipe; thence North 02˚ 50' 00" <br />West 34.56 feet to an Existing Iron Pipe on the Northwest corner of Chapel Hill Board of Education <br />(PIN# 9778936524 / Deed Book 222, Page 352); thence with the line of Chapel Hill Board of <br />Education South 54˚ 40' 01" East 145.77 feet to an Existing Iron Pipe on the Northwest corner of <br />Terry Carver (PIN#9778934164 / Deed Book 5269, Page 274); thence with the line of Terry Carver <br />the following two (2) calls: South 21˚ 20' 46" East 95.62 feet to an Existing Iron Pipe; thence South <br />21˚20' 46" East 82.93 feet to an Existing Iron Rod on the northern R/W of Merritt Mill Road; thence <br />along the northern R/W of Merritt Mill Road the following two (2) calls: South 71˚ 19' 10" West <br />188.87 feet to an Existing Iron Pipe; thence South 80˚ 54’ 43" West 26.81 feet to the POINT AND <br />PLACE OF BEGINNING, containing 132,495 square feet, or 3.04 acres more or less as shown on <br />that plat of survey prepared by Ballentine Associates, P.A. dated July 9, 2021 and recorded in Plat <br />Book 123, Page 168-170 of the Orange County Registry. <br /> <br /> <br />DocuSign Envelope ID: C902EFF9-56ED-450F-9212-1E71966C673A
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