Agenda 01-20-2026; 6-b - Condominium Agreement with the Town of Carrboro for the Operation of the Drakeford Library Complex

i 12 B. These interests have been allocated in accordance with the formulas set out in this Article III._ These formulas are to be used in reallocating interests if Units are added to the Condominium. Section 2:— The interests allocated to each Unit have been calculated on the following formulas: The_percentage of undivided interest in the Common Elements allocated to ( } each Unit is based on the relative floor area of each Unit as compared to the floor 4-e