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567
<br />
<br />BY: /s/ Fletcher L. Hartsell~ Jr.
<br /> ATTORNEY
<br />
<br />NORTH CAROLINA
<br />
<br />CABARRUS COUNTY
<br />
<br />RIGHT-OF-WAY/EASEMENT
<br />
<br /> THIS RIGHT-OF-WAY/EASEMENT, made and entered into this __ day of
<br />October, 1986, by and between Prince Electric and Construction Co., Inc., a
<br />North Carolina corporation, hereinafter Grantor, and Cabarrus County, a body
<br />politic and political subdivision of the State of North Carolina, hereinafter
<br />Grantee;
<br />
<br />W I T N E S S E T H: that --
<br />
<br /> WHEREAS, Grantor is the owner of a perpetual right-of-way and easement
<br />to construct and maintain a sewer line upon real property now or formerly
<br />owned by J. Ray Flowers and wife Letha S. Flowers in No. 1 Township, Cabarrus
<br />County, North Carolina, adjoining the subdivision of Grantors designated as
<br />The Oaks Estate(s); and
<br />
<br /> WHEREAS, for a good and valuable consideration, Grantor desires to grant
<br />and deliver to Grantee all its right, title and interest in and to said sewer
<br />easement to service Grantor's said subdivision;
<br />
<br /> NOW, THEREFORE, in consideration of the premises and other good and
<br />valuable consideration, the receipt of which is hereby acknowledged, the
<br />Grantor, Prince Electric and Construction Co., Inc., does hereby give, grant
<br />and convey unto the Grantee, Cabarrus County, its successors and assigns, a
<br />perpetual right-of-way and easement to construct and maintain a sewer line,
<br />located and described as follows:
<br />
<br /> Lying and being in No. 1 Township, Cabarrus County, North Carolina,
<br />contiguous to the subdivision known and designated as The Oaks Estates,
<br />being a right-of-way 20 feet in width, it being 10 feet on each side of
<br />the following described line:
<br />
<br /> BEGINNING at an iron stake, the rear corner of Lots Nos. 28 and 29
<br />of The Oaks Estate (said iron stake having a bearing of S. 76-30-00 W.
<br />541.24 feet from an old iron stake, corner of Flowers and The Oaks
<br />Estates), and runs thence N. 09-12-00 W. 526.6 feet to an existing
<br />sanitary sewer manhole, as surveyed and platted by Ronald F. Hyatt,
<br />Registered Surveyor, September 19, 1985.
<br />
<br /> TO HAVE AND TO HOLD said right-of-way and easement to Grantee, its
<br />successors and assigns, it being acknowledged that while this right-of-way/
<br />easement is appurtenant to and runs with the land, it is subject to the
<br />reservation by J. Ray Flowers and wife Letha S. Flowers of all rights in and
<br />to the real property upon which the easement is located not inconsistent with
<br />the installation and maintenance of this sewer line.
<br />
<br /> IN TESTIMONY WHEREOF, the Grantor has caused this instrument to be
<br />signed in its corporate name by its duly authorized officers and its seal to
<br />be hereunto affixed by authority of its Board of Directors, the day and year
<br />first above written.
<br />
<br />ATTEST:
<br />/s/ Marlene Prince
<br />
<br />Secretary
<br />
<br />PRINCE ELECTRIC AND
<br />CONSTRUCTION CO., INC.
<br />By: /s/ C. M. Prince
<br />
<br />President
<br />
<br /> UPON MOTION of Commissioner Hamby, seconded by Commissioner Barnhardt
<br />and unanimously carried, the Board approved the following budget amendment
<br />for the Community Development Grant.
<br />
<br />PLANNING/COMMUNITY DEVELOPMENT
<br />
<br />
<br />
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