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<br />Asset Management Services <br />STEVEN ARNDT, Director <br /> <br />P.O. Box 8181 * 300 West Tryon Street, Building B, 3rd Floor * Hillsborough, North Carolina 27278 <br />Telephone: 919 245-2625 <br />Fax: 919-640-1873 <br />E-mail: amservice@orangecountync.gov <br /> <br />TO: All Signatories to the Contract Routing Form <br /> <br />FROM: Alan Dorman, <br /> Assistant Director <br /> Asset Management Services <br /> <br /> Angel Barnes, <br /> Capital Projects Manager <br /> Asset Management Services <br /> <br />DATE: Tuesday, December 2nd, 2022 <br /> <br />ATT: Signed Copy of Second Amendment to Development Agreement Regarding South <br />Greensboro Street Property by and Between the Town of Carrboro, North Carolina and <br />The County of Orange, North Carolina <br /> <br />RE: Documentation of Agreement <br /> <br />On April 26th, 2022 the BOCC approved the Second Amendment to the Development Agreement <br />between Carrboro and Orange County. The agreement was then sent to Carrboro for their signature. <br />As the signatures for this agreement require that they be notarized, the contract was routed on paper <br />and not through DocuSign. The second amendment was signed by Carrboro on April 19th, 2022 and <br />then signed by the County Manager on April 29th, 2022. The signed amendment is included as an <br />attachment for your reference. <br /> <br />As the Second Amendment does not specify additional funds for the project, only a change in the cost <br />allocation plan, this memo serves as documentation, along with the signed Second Amendment, to <br />allocate the balance of the authorized budget for the project. This is calculated to be $18,466,806.31. <br />DocuSign Envelope ID: BF23657E-CCAA-4F6C-8608-5BDD941317CA