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• <br />.. , U10798 ~2sio f~~ 55 <br />PI E(? <br />braNn by and aner ~ --•-•- <br />rteording rerum ta: <br />Peter tHcLe~n,111 ~ l " ~ ~• ? l <br />Kennedy Covington Lobdell & Hkkmtm, L.L.P. <br />t 00 Nonh Tryon Slrset, Sulre ~ 200 .. <br />Charbrte, NC 28202 <br />NOlt'fll CAttUI,1NA <br />CAl1A1tRUS COUNTY <br />TIIlfi CUNtiF;RVATIUN RASRD1t:N'f ("Conservation f:ascmrnt") mode this -tti day <br />oC Ft+rrrh T, 1999 by and between CITY OF CUNCURI), a politicat subdivision oC the State <br />. of Nonh Carolina with an address of 66 Union Strcrt South, Post Oftlce Box 3ti8, Concord, <br />Nonh Cazolina 28026 ("Grantor') turd CABARRUS COUNTY, NORTH CAROLINA, a <br />political subdivision of the State of Norih Carolina with nn address of 65 Church Street, SE, Post <br />Office Box 707, Concord, North Carolina 28025 {"grantee"). <br />The designation grantor and Grantee a, used herein shalt include said panics, their <br />successors and assigns, and shall include singular, plurol, masculine, feminine or neuter as <br />required by context. <br />R£CITAY,$ <br />WHGRI;AS, Grunter owns In fcc simple approximatciy twcnlyiwo and eight-tenths <br />(22.8) acres of certain rea! progeny situate, [yang and being in City of Concord, Cabarrus <br />County, North Caroline, anJ nturo particularly described as the stream and wetland mitigation <br />site in . hi i A (the "Property"); <br />1VHEttI:AS, Grantor is a political subdivision of the State of Nonh Carolina; is <br />authorized by the laws oFthc State of Nonh Carolina to grant and convey conservation <br />easements; possesses the authority and desires to grant and convey this Conservation Easement <br />under the terms and conditions hereinafter described; <br />WHEREAS, Grantee is a political subdivision of the Stara of North Carolina; is <br />authorized by the laws of the State of North Carolina to accept, hold and administer conservation <br />easements; possesses the authority to accept and Is wiiling to accept this Conservation Easement <br />under the terms and conditions hereinafter described; <br />WHEREAS, Grantor and Grantee recognize the co»xrvation value of the Property in its <br />present state a, a scenic, natural and rural area that has not been subject to significant <br />development and as a significant area that provides a "relatively natural habitat [or fish, wildlife, <br />or plane or almllu ecosystem" as that phrase tit used In Station t70(hx4xAxll) of the Internet <br />Revenue Code; <br />usrxs.e: <br />tat: ce <br />3a <br />C~ <br />Attachment number 1 <br />F-~ 103 <br />