Orange County NC Website
12 <br /> Hillsborough Sanitary Sewer Easement and accepted the sewer main line into Hillsborough's <br /> perpetual maintenance program. The easements herein conveyed include, but are not limited to, the <br /> right and privilege by ORANGE COUNTY, its successors and/or assigns or CAPKOV, its successors <br /> and assigns to go onto and to access the COUNTY Property or CAPKOV Property to the extent <br /> necessary to complete construction, with vehicles, heavy equipment, machinery, construction <br /> supplies, and building materials (collectively, the "Construction Activities"). <br /> (c) Construction Improvements within the Sanitary Sewer Easement Tract. <br /> ORANGE COUNTY shall construct and improve the Sanitary Sewer Easement Tract in compliance <br /> with the approved Construction Plans. The costs of the construction improvements herein shall be <br /> borne solely by ORANGE COUNTY. If CAPKOW S New Lot 1 is developed prior to the COUNTY's <br /> Property,then,if necessary,CAPKOV shall have the right to construct and improve the Sanitary Sewer <br /> Easement Tract to the same standards required by the Construction Plans provided all such <br /> construction complies with the public bidding and contracting laws applicable to local governments <br /> in North Carolina if such compliance is required in the opinion of ORANGE COUNTY'S legal <br /> counsel. If CAPKOV is in full compliance with the requirements of the preceding sentence, <br /> CAPKOV shall be entitled to a full reimbursement from ORANGE COUNTY of the cost of <br /> construction improvements over the SSET, including all reasonable and market-rate costs of <br /> management,materials and labor documented by CAPKOV to ORANGE COUNTY with invoices for <br /> the management, materials and labor. Reimbursement of invoices submitted by CAPKOV shall be <br /> paid by ORANGE COUNTY to CAPKOV within sixty (60) calendar days of submittal. <br /> 5. Parties Entrance Sign Easement. <br /> (a) Grant of Signage Easement. CAPKOV grants and conveys to ORANGE <br /> COUNTY and ORANGE COUNTY grants and conveys to CAPKOV an entrance sign easement <br /> (hereinafter "Signage Easement") located at the northeastern and the northwestern corners of the <br /> entrance road off of Waterstone Drive, in the areas labeled"Signage Easement" as shown on Exhibit <br /> E, attached hereto and incorporated herein by reference(collectively the"Sign Easement Tract"). It <br /> being the intent of this grant of Sign Easement that to the extent the location of Signage Easement is <br /> on the CAPKOV Property or to the extent the location of the Signage Easement is on the COUNTY <br /> Property, that the Parties, have granted and conveyed, and hereby do grant and convey, to the other <br /> Party the Signage Easement. Nothing contained in this Declaration shall prevent ORANGE COUNTY <br /> or CAPKOV from erecting other signs on their respective Properties as long as the other signage does <br /> not interfere with the Signage Easement conveyed herein. The provisions set forth in subsection (a), <br /> (b), (b) (i) and(b) (ii) shall not apply: (i) if ORANGE COUNTY or CAPKOV elect to have separate <br /> signage without need for the Signage Easement on the other Party's property; and (ii) ORANGE <br /> COUNTY or CAPKOV communicates its decision for separate signage in writing to the other party <br /> prior to the end of the seven (7) day response period to the proposed work as set forth in subsection <br /> (b)(i) "Initial Construction" below. Should either party elect for separate signage, ORANGE <br /> COUNTY and CAPKOV shall be solely responsible for the construction and maintenance of its <br /> separate sign. If ORANGE COUNTY or CAPKOV elect to have separate signage, all signage <br /> constructed shall not interfere with the public's view of constructed signage from the roadway. <br /> Notwithstanding the foregoing,the election of either ORANGE COUNTY or CAPKOV not to utilize <br /> the Signage Easement or utilize any shared signage shall not restrict or impair the ability of the non- <br /> electing Party to benefit from and otherwise utilize the Signage Easement. <br /> 10 <br />