Orange County NC Website
7 <br /> WHEREAS, it is understood by the parties that the land on which the specific fields referred to <br /> herein are to be located is owned by the University of North Carolina at Chapel Hill and is State <br /> property, that the land on which the fields referred to herein are to be located is leased to the <br /> Orange County Commissioners for the specific purpose of providing additional land for the <br /> School Site, and that all agreements between the parties will be subject to the underlying lease <br /> I <br /> agreements and rights of the State of North Carolina and the University of North Carolina at <br /> Chapel Hill but in no event shall the County's and the Town's access to the soccer field <br /> identified as Field 3b in this Agreement, once constructed, be denied or limited during the term <br /> of this Agreement; and <br /> WHEREAS, the Board of Education has or expects to have control of land currently owned by <br /> the University of North Carolina at Chapel Hill which is to be leased to the Orange County <br /> Commissioners for use by the Chapel Hill-Carrboro City Schools, and has represented that the <br /> leasing arrangement has been approved by the Board of Trustees of the University of North <br /> Carolina at Chapel Hill and currently awaits approval by the Council of State, that the plan to <br /> construct new recreational and athletic fields on the property which will be the subject of the <br /> lease, and that the development of the fields referred to herein is specifically conditioned upon <br /> the final execution and approval of that lease by the Council of State, the University of North <br /> Carolina at Chapel Hill, the Orange County Commissioners, and the Chapel Hill-Carrboro City <br /> Board of Education. <br /> NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and <br /> obligations set forth herein, the receipt and sufficiency of which is hereby acknowledged, the <br /> parties agree as follows: <br /> 3 <br />