Browse
Search
Agenda 01-20-2026; 6-b - Condominium Agreement with the Town of Carrboro for the Operation of the Drakeford Library Complex
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2026
>
Agenda - 01-20-2026 Business Meeting
>
Agenda 01-20-2026; 6-b - Condominium Agreement with the Town of Carrboro for the Operation of the Drakeford Library Complex
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/15/2026 10:50:08 AM
Creation date
1/15/2026 10:56:37 AM
Metadata
Fields
Template:
BOCC
Date
1/20/2026
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-b
Document Relationships
Agenda for January 20, 2026 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2026\Agenda - 01-20-2026 Business Meeting
ORD-2026-001-Fiscal Year 2025-26 Budget Amendment #6
(Message)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2020-2029\2026
ORD-2026-002-Ordinance Execution for Unified Development Ordinance Text Amendments Impervious Surfaces, Watershed Protection Overlay Districts and stream buffers
(Message)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2020-2029\2026
ORD-2026-003-Revised Opioid Settlement Fund Spending Authorization Resolution and Approval of Budget Amendment #6-A
(Message)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2020-2029\2026
OTHER-2026-001-Presentation of Annual Comprehensive Financial Report for FYE 6302025 and
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2026
OTHER-2026-003-Advertisement of Tax Liens on Real Property
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2026
PRO-2026-001-International Holocaust Remembrance Day Proclamation
(Message)
Path:
\Board of County Commissioners\Proclamations\2020-2029\2026
RES-2026-002-Property Tax Releases-Refunds
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2026
RES-2026-003-Late Applications for Property Tax Exemption-Exclusion
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2026
RES-2026-004-Extension of 2026 Tax Listing Period
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2026
RES-2026-005-Revised Opioid Settlement Fund Spending Authorization Resolution and Approval of Budget Amendment #6-A
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2026
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
104
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
50 <br /> Section 5: The Common Elements and any Limited Common Elements are not subject to <br /> partition, and any purported conveyance, encumbrance, judicial seal or other <br /> voluntary or involuntary transfer of an undivided interest in the Common <br /> Elements by a Unit Owner made without the Condominium Unit to which that <br /> interest is allocated is void. This provision shall not be construed to prevent Unit <br /> Owners from swapping or transferring Limited Common Element parking spaces <br /> with one another in a manner consistent with the rules and regulations authorized <br /> by this Declaration. <br /> ARTICLE III <br /> ALLOCATED INTERESTS <br /> Section 1: The table showing Unit numbers and their Allocated Interests is attached as <br /> Exhibit B. These interests have been allocated in accordance with the formulas <br /> set out in this Article III. These formulas are to be used in reallocating interests if <br /> Units are added to the Condominium. <br /> Section 2: The interests allocated to each Unit have been calculated on the following <br /> formulas: <br /> (a) The percentage of undivided interest in the Common Elements allocated to <br /> each Unit is based on the relative floor area of each Unit as compared to the floor <br /> area of all of the Units in the Condominium. <br /> (b) The percentage of liability for Common Expenses (and Limited Common <br /> Elements) allocated to each Unit is 53.6% for the County and 46.4% for the Town <br /> and is based on the relative floor area of each Unit as compared to the floor area <br /> of the two (2) Units in the Condominium. Nothing contained in this Subsection <br /> shall prohibit certain Common Expenses from being apportioned to particular <br /> Units under Article IV of this Declaration. <br /> (c) Except for an Amendment to this Declaration which is subject to the <br /> requirements of Article XI, Section 5 below, the vote in the Association allocated <br /> to each Unit is 50% and is not based on the relative floor area of each Unit as <br /> compared to the floor area of all of the Units in the Condominium. <br /> Section 3: The effective date for assigning Allocated Interests to Units created pursuant to <br /> 8 <br />
The URL can be used to link to this page
Your browser does not support the video tag.