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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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5/15/2025 10:58:23 AM
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BOCC
Date
5/20/2025
Meeting Type
Business
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Agenda
Agenda Item
6-a
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26 <br /> Church Road, which point is located South 89' 37' West 700.75 feet as measured along the <br /> Northern right of way line of Ephesus Church Road from an N.C. State Highway Monument <br /> located in the Northern right of way line of said road, said monument being also located 60 feet, <br /> more or less, northwardly from the intersection of the southern right of way of Ephesus Church <br /> Road and the Eastern right of way line of Long Leaf Drive of Ridgefield Subdivision: (said <br /> beginning point may also be located as being approximately 60 feet northwardly from a point <br /> near the center line of Churchill Drive where the same intersects the South line of the Ephesus <br /> Church Road); running thence from said beginning point, North 3° 19' East 878.51 feet, more or <br /> less, to a point in the northern property line of the Ferrell property (which point is located North <br /> 84' 49' West 659 feet as measured along said northern property line from an old iron control <br /> corner located in the western line of the Colony Wood Subdivision, Section II); running thence <br /> along the northern line of the Ferrell property, North 84' 49' West 521.45 feet to a corner <br /> marked by an old iron; thence South 64' 27' West 279.49 feet to a corner marked by an old iron; <br /> thence South 5° 13' East 486.43 feet to a stake; thence South 13' 51' West 60 feet to a corner <br /> marked by an old iron; thence South 88' 09' East 192.33 feet to another corner marked by an old <br /> iron; thence South 2° 34' West 204.50 feet to a stake in the Northern right of way one of <br /> Ephesus Church Road; thence along the Northern right of way line of Ephesus Church Road, <br /> South 84' 10' East 498.21 feet and North 89' 37' East 12.12 feet to the point of BEGINNING <br /> containing 13.36 acres, more or less. <br /> LESS AND EXCEPT: BEGINNING at an iron stake in the center of the Old Rocky Ridge <br /> Road in the southern line of the J.H. McFarland land, and running thence North 68' 15' East 280 <br /> feet to an iron stake; thence South 4° 15' West 660 feet to an iron stake; thence North 86' 30' <br /> West 193 feet along the northern line of the John McFarland property to an iron stake; thence <br /> North 15' 30' East 60 feet to an iron take in the center of said Old Road; and thence North 4° 10' <br /> West 486 feet along the center of said Old Road to the place of BEGINNING, containing 3 <br /> acres, more or less, the same being Tract No. 1 according to the map of the property of Lillian G. <br /> Lloyd and others by Robert A. Jones, Registered Surveyor, dated November 12, 1957, recorded <br /> in the Office of the Register of Deeds of Durham County in Plat Book 34, Page 73, to which <br /> reference is hereby made for a more particular description of same. <br /> 1495 Ephesus Church Road, Chapel Hill,NC 27517 <br /> Orange County PIN: 9799-54-1734 <br /> Tract 2: <br /> BEGINNING at an iron stake in the center of the Old Rocky Ridge Road in the southern line of <br /> the J.H. McFarland land, and running thence North 68' 15' East 280 feet to an iron stake; thence <br /> South 4° 15' West 660 feet to an iron stake; thence North 86' 30' West 193 feet along the <br /> northern line of the John McFarland property to an iron stake; thence North 15' 30' East 60 feet <br /> to an iron take in the center of said Old Road; and thence North 4° 10' West 486 feet along the <br /> center of said Old Road to the place of BEGINNING, containing 3 acres, more or less, the same <br /> being Tract No. 1 according to the map of the property of Lillian G. Lloyd and others by Robert <br /> A. Jones, Registered Surveyor, dated November 12, 1957, recorded in the Office of the Register <br /> of Deeds of Durham County in Plat Book 34, Page 73, to which reference is hereby made for a <br /> more particular description of same. <br /> Orange County PIN: 9799-44-8776 <br /> 15 <br />
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