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Agenda 01-16-24; 8-j - Resolution of Approval – Terry Road Farm, LLC Conservation Easement
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Agenda 01-16-24; 8-j - Resolution of Approval – Terry Road Farm, LLC Conservation Easement
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1/11/2024 12:51:22 PM
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BOCC
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1/16/2024
Meeting Type
Business
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Agenda
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8-j
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RES-2024-005 Approval of Conservation Easement between Orange County and the Triangle Land Conservancy and Terry Road Farm, LLC
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Path:
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7 <br /> Prepared by Kennon Craver,PLLC(WAA) <br /> Return to Grantee,514 S Duke St,Durham,NC 27701 <br /> Excise Tax: $ <br /> NORTH CAROLINA <br /> ORANGE COUNTY PIN: 0806-59-4973 <br /> DEED OF CONSERVATION EASEMENT <br /> This Deed of Conservation Easement (hereinafter "Conservation Easement") is made this <br /> day of , 20 , by Terry Road Farm, LLC, a North Carolina limited <br /> liability company whose address is 301 Fayetteville St.,Unit 3114,Raleigh,NC 27610("Grantor") <br /> and Triangle Land Conservancy, a North Carolina nonprofit corporation ("TLC"), whose address <br /> is 520 S Duke Street,Durham,NC 27701,and County of Orange,North Carolina,a North Carolina <br /> body politic (the "County", and collectively with TLC, the "Grantee"), whose address is having <br /> an address of Post Office Box 8181, Hillsborough,NC 27278. <br /> The designation Grantor and Grantee as used herein shall include said parties, their heirs, <br /> successors and assigns, and shall include singular,plural,masculine, feminine or neutral pronouns <br /> as required by context. <br /> RECITALS <br /> A. Grantor is the sole owner in fee simple of that property (the "Property") legally <br /> described in Exhibit A, attached hereto and incorporated by this reference, which consists of one <br /> tax parcel located in Orange County, North Carolina, containing acres, and that is <br /> designated as " " on the plat recorded in Plat Book , Page , <br /> Orange County Registry (the "Plat"). The Plat is incorporated herein by reference. <br /> B. TLC is a nonprofit organization, operated primarily for conservation purposes, <br /> including protection of environmentally valuable and sensitive land for charitable, scientific, <br /> educational, and aesthetic purposes. TLC is a tax exempt public charity under Section 501(c)(3) <br /> and 509(a)(2) of the Internal Revenue Code. The County is a body politic existing under Chapter <br /> 153A of the North Carolina General Statutes. Both TLC and the County are authorized by the <br /> laws of the State of North Carolina to accept, hold and administer interests in land including <br /> 1 <br />
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