NC - Rowan: ROWAN COUNTY COMMISSION AGENDA

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ROWAN COUNTY COMMISSION AGENDA

ROWAN COUNTY COMMISSION AGENDA September 8, 2020 - 3:00 PM

Tagged Interests: boards and commissions

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Call to Order

Invocation

Provided By: Chaplain Michael Taylor

Pledge of Allegiance

Consider Additions to the Agenda

Consider Deletions From the Agenda

Consider Approval of the Agenda

Board members are asked to voluntarily inform the Board if any matter on the agenda might present a conflict of interest or might require the member

to be excused from
Tagged Interests: boards and commissions

voting.

Tagged Interests: voting

Provided By: Chaplain Michael Taylor Consider Approval of the Minutes: August 11, 2020 and August 17, 2020

1 Consider Approval of Consent Agenda

A. Sale of Ground Lease Hangar B. Proclamation: Library Card Sign Up Month C. 2020 Biometric Screenings and Wellness Incentive D. Accept Offer From

Makson, Inc. for Surplus Property at 1235 Speedway
Tagged Interests: recognition, leasing, sale, surplus, property, incentive, and library

Blvd.

E. Accept Offer From Tracie Lipke for Surplus Property Off Dunns Mountain Road

Tagged Interests: road, streets, surplus, and property

F. Tax Refunds for Approval G. Contracts for Two (2) ADA Positions (9/01/20 to 8/31/21) H. Bayada Home Health Care Contract - In-Home Aid I.

Crossnore School Children's Home Contract - Foster Care J. Rowan-Salisbury Schools Contract - School Nursing Services K. Abundant Living Adult Day Services Contract - Adult Day Services L. Blue Cross Blue Shield of NC Amendment and Contract M. Proposal for Broadband Services to Unserved and Underserved Areas N. Blue Flame Crew Contract - Landfill Gas Collection System Expansion O. Vested Interest for K-9's Vest Grant Application P. Equitable Sharing Agreement and Certification Q. Refund of Fees R. Resolution to NCDOT for Rowan County Welcome To Sign Slogans S. Airport Grant 36237.42.15.2 - Glideslope Replacement (TBE) T. Dan Nicholas Park - Additional Services AIA Document U. CRF Expenditure Report - September 2020 V. J.T. Russell Sons, Inc. - Change Order 1 W. MOU With Shelter Guardians for Construction of New Facility
Tagged Interests: grant, health, construction, facility, expansion, airport, disability, landfill, taxes, Taxes, solid waste, contract, services, health insurance, parks, education, and Internet Access

2 Special Recognition

Tagged Interests: recognition

A. Proclamation Honoring Nursing Home Advisory Committee Member B. Proclamation - Constitution Week - September 17-23, 2020 C. Proclamation - Patriot

Day - A Day of Remembrance - September 11, 2001 D. EMS Recognition E. Proclamation - First Responders Appreciation Day
Tagged Interests: recognition, seniors, and EMS

3 Public Comment Period

4 Public Hearing for Z 02-20 5 Needs-Based Public School Capital Fund Grant 6 UPDATE: Solar Energy System Moratorium 7 Consider PE 01-20 Request for

Dorsett Chapel United Church of God 8 Presentation on Consolidated Human Services Agencies 9 Post Overdose Response Team Presentation 10 Engineering Contract for Northeast Rowan County Water System 11 Litter Report 12 Budget Amendments 13 Consider Approval of Board Appointments
Tagged Interests: moratorium, grant, boards and commissions, budget, appointments, utility, Utility, contract, services, water, church, hearing, education, solar power, engineering, and energy

14 Closed Session

To Discuss a Potential Economic Development Matter

Tagged Interests: economic development, development, and Development

15 Adjournment

Citizens with disabilities requiring special needs to access the services or public meetings of Rowan County Government should contact the County

Manager's Office
Tagged Interests: services, administrator, and manager

three days prior to the meeting by calling (704) 216-8180.

ROWAN COUNTY A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144 TELEPHONE: 704-216-8180 * FAX: 704-216-8195

Tagged Interests: streets and hotel

MEMO TO COMMISSIONERS:

FROM: Carolyn Barger, Clerk to the Board DATE: August 13, 2020 SUBJECT: Consider Approval of the Minutes: August 11, 2020 and August 17, 2020

Tagged Interests: boards and commissions

ATTACHMENTS: Description Upload Date Type August 11, 2020 Minutes 8/20/2020 Cover Memo August 17, 2020 Minutes 9/2/2020 Cover Memo

ROWAN COUNTY A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144 TELEPHONE: 704-216-8180 * FAX: 704-216-8195

Tagged Interests: streets and hotel

MEMO TO COMMISSIONERS:

FROM: Valerie Steele, Airport and Transit Director DATE: 8/13/2020 SUBJECT: Sale of Ground Lease Hangar

Tagged Interests: leasing, airport, and sale

Charles Black sold his Ground Lease Hangar to Davey Amos. A new ground lease has been prepared and awaits signature.

Tagged Interests: leasing

Approve on Consent Agenda.

ATTACHMENTS: Description Upload Date Type Bill of Sale 8/13/2020 Exhibit Ground Lease Assignment 8/13/2020 Exhibit

Tagged Interests: leasing and sale

27

27,0000 0

Davey

Davey

Davey

Davey

Davey

ROWAN COUNTY A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144 TELEPHONE: 704-216-8180 * FAX: 704-216-8195

Tagged Interests: streets and hotel

MEMO TO COMMISSIONERS:

FROM: Melissa J. Oleen, Library Director DATE: August 19, 2020 SUBJECT: Proclamation: Library Card Sign Up Month

Tagged Interests: recognition and library

Please see attached memorandum and supporting documentation.

Please proclaim September 2020 as Library Card Sign-up Month in Rowan County.

Tagged Interests: library

ATTACHMENTS: Description Upload Date Type Memo Re: Library Card Sign-up Month 8/19/2020 Cover Memo Prolamation_Library Card Sign-up Month 8/19/2020

Exhibit
Tagged Interests: library

PROCLAMATION

Tagged Interests: recognition

LIBRARY CARD SIGN-UP MONTH 2020

Tagged Interests: library

WHEREAS, a library card is the most essential tool an individual can have;

Tagged Interests: library

WHEREAS, libraries and librarians play a crucial role in the education and development

Tagged Interests: development, Development, education, and library

of children;

WHEREAS, signing up for a library card is the first step towards academic achievement

Tagged Interests: library

and lifelong learning;

WHEREAS, library resources serve Rowan County residents of all ages, from early

Tagged Interests: library

literacy to STEAM programs to research databases and online courses;

Tagged Interests: program, STEM, and literacy

WHEREAS, librarians create welcoming and inclusive spaces for students of all

Tagged Interests: students and library

backgrounds to learn together and engage with one another;

WHEREAS, a library card gives students the tools that foster success in the classroom

Tagged Interests: students and library

and beyond;

WHEREAS, a library card empowers all people to pursue their dreams and explore new

Tagged Interests: library

passions and interests;

WHEREAS, libraries are constantly transforming and expanding services to meet the

Tagged Interests: services and library

evolving needs of their communities;

WHEREAS, public libraries have served the citizens of Rowan County for over a century;

Tagged Interests: library

THEREFORE, be it resolved that the Rowan County Board of Commissioners does hereby

Tagged Interests: boards and commissions

proclaim September 2020 as Library Card Sign-up Month in Rowan County, North

Tagged Interests: library

Carolina and encourages everyone to sign up for their own library card today.

Tagged Interests: library

This the ______ day of September, 2020.

______________________________

Gregory C. Edds, Chairman

ATTEST:

_____________________________

Carolyn Barger, MMC, NCMCC

Clerk to the Board

Tagged Interests: boards and commissions

ROWAN COUNTY A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144 TELEPHONE: 704-216-8180 * FAX: 704-216-8195

Tagged Interests: streets and hotel

MEMO TO COMMISSIONERS:

FROM: Kelly Natoli, HR Director DATE: September 8, 2020 SUBJECT: 2020 Biometric Screenings and Wellness Incentive

Tagged Interests: incentive

Please consider this request to suspend the 2020 biometric screenings for current enrollees of the County's Health Insurance Plan and automatically

grant each participant the 500 wellness incentive. This one-time request is a direct result of the COVID-19 pandemic and the health risks associated with gathering employees, retirees and health care professionals for this event.
Tagged Interests: coronavirus, grant, health, retirement, risk, events, insurance, health insurance, and incentive

Please approve the request stated above.

ATTACHMENTS: Description Upload Date Type No Attachments Available

ROWAN COUNTY A COUNTY COMMITTED TO EXCELLENCE

130 West Innes Street - Salisbury, NC 28144 TELEPHONE: 704-216-8180 * FAX: 704-216-8195

Tagged Interests: streets and hotel

MEMO TO COMMISSIONERS:

FROM: Carolyn Barger, Clerk to the Board DATE: August 31, 2020 SUBJECT: Accept Offer From Makson, Inc. for Surplus Property at 1235 Speedway Blvd.

Tagged Interests: boards and commissions, surplus, and property

During regular session on August 17, 2020 the Board voted to declare the property at 1235 Speedway Blvd. as surplus in order for the County to

sell/dispose of the lot. The Board also voted to accept an offer in the amount of 90,000 subject to the upset bid process and to authorize the Clerk to the Board to advertise for upset bids.
Tagged Interests: rfp, RFP, boards and commissions, election, advertising, surplus, and property

The notice was published in the Salisbury Post and also on the County's website starting on August 19, 2020 through 5:00 p.m. on August 31, 2020.

No upset bids were received and the Board is asked to consider final acceptance of the offer in the amount of 90,000 for the purchase of county-owned

property at 1235 Speedway Blvd.
Tagged Interests: rfp, RFP, boards and commissions, purchasing, and property

ATTACHMENTS: Description Upload Date Type Offer to Purchase 8/20/2020 Cover Memo Notice - Upset Bids 8/20/2020 Cover Memo

Tagged Interests: rfp, RFP, and purchasing

AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY

Tagged Interests: sale, purchasing, and property

THIS AGREEMENT, including any and all addenda attached hereto ( Agreement ), is by and between ,

a(n) ( Buyer ), and (individual or State of formation and type of entity)

, a(n) ( Seller ).

(individual or State of formation and type of entity)

FOR AND IN CONSIDERATION OF THE MUTUAL PROMISES SET FORTH HEREIN AND OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE

HEREBY ACKNOWLEDGED, THE PARTIES HERETO AGREE AS FOLLOWS:

Section 1. Terms and Definitions: The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

(a) Property : (Address)

Tagged Interests: property

Plat Reference: Lot(s) , Block or Section , as shown on Plat Book or Slide at Page(s) , County, consisting of acres.

Tagged Interests: zoning

If this box is checked, Property shall mean that property described on Exhibit A attached hereto and incorporated herewith by reference,

Tagged Interests: property

(For information purposes: (i) the tax parcel number of the Property is: ; and, (ii) some or all of the Property, consisting of approximately acres,

is described in Deed Book
Tagged Interests: taxes, Taxes, and property

, Page No. , County.)

together with all buildings and improvements thereon and all fixtures and appurtenances thereto and all personal property, if any, itemized on

Exhibit A.
Tagged Interests: Homebuilder and property

(b) Purchase Price shall mean the sum of Dollars,

Tagged Interests: purchasing

payable on the following terms:

(i) Earnest Money shall mean Dollars or terms as follows:

Upon this Agreement becoming a contract in accordance with Section 14, the Earnest Money shall be promptly deposited in escrow with (name of

person/entity with whom deposited- Escrow Agent ), to be applied as part payment of the Purchase Price of the Property at Closing, or disbursed as agreed upon under the provisions of Section 10 herein.
Tagged Interests: contract, purchasing, and property

Page 1 of 8

This form jointly approved by: STANDARD FORM 580-T North Carolina Bar Association Revised 7/2017 North Carolina Association of REALTORS , Inc. 7/2019

Buyer Initials Seller Initials

Phone: Fax: Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Tagged Interests: road and streets

Bowtie Properties, LLC

Rowan County,

1235 Speedway Blvd

7 Rowan

401A025 4.12

796 645 Rowan

90,000.00

1,000.00

Ninety Thousand

One Thousand

TBD

Home Realty and Mortgage LLc, 1620 S. MLK Jr. Ave. Suite 101 Salisbury NC 28144 7046332900 7046332980 1235 Speedway T Johnson

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

ANY EARNEST MONEY DEPOSITED BY BUYER IN A TRUST ACCOUNT MAY BE PLACED IN AN INTEREST BEARING TRUST ACCOUNT, AND: (check only ONE box)

ANY INTEREST EARNED THEREON SHALL BE APPLIED AS PART PAYMENT OF THE PURCHASE PRICE OF THE PROPERTY AT CLOSING, OR DISBURSED AS AGREED UPON UNDER THE

PROVISIONS OF SECTION 10 HEREIN. (Buyer's Taxpayer Identification Number is: )
Tagged Interests: purchasing and property

ANY INTEREST EARNED THEREON SHALL BELONG TO THE ACCOUNT HOLDER IN CONSIDERATION OF THE EXPENSES INCURRED BY MAINTAINING SUCH ACCOUNT AND RECORDS

ASSOCIATED THEREWITH.

(ii) Proceeds of a new loan in the amount of Dollars

for a term of years, with an amortization period not to exceed years, at an interest rate not to exceed per annum with mortgage loan discount points

not to exceed of the loan amount, or such other terms as may be set forth on Exhibit B. Buyer shall pay all costs associated with any such loan.

(iii) Delivery of a promissory note secured by a deed of trust, said promissory note in the amount of Dollars

being payable over a term of years, with an amortization period of years, payable in monthly installments of principal, together with accrued

interest on the outstanding principal balance at the rate of percent ( ) per annum in the amount of , with the first principal payment beginning on the first day of the month next succeeding the date of Closing, or such other terms as may be set forth on Exhibit B. At any time, the promissory note may be prepaid in whole or in part without penalty and without further interest on the amounts prepaid from the date of such prepayment. (NOTE: In the event of Buyer's subsequent default upon a promissory note and deed of trust given hereunder, Seller's remedies may be limited to foreclosure of the Property. If the deed of trust given hereunder is subordinated to senior financing, the material terms of such financing must be set forth on Exhibit B. If such senior financing is subsequently foreclosed, the Seller may have no remedy to recover under the note.)
Tagged Interests: events, property, and penalty

(iv) Assumption of that unpaid obligation of Seller secured by a deed of trust on the Property, such obligation having an outstanding principal

balance of and evidenced by a note bearing interest at the rate of percent ( ) per annum, and a current payment amount of .
Tagged Interests: property

(v) Cash, balance of Purchase Price, at Closing in the amount of Dollars.

Tagged Interests: purchasing

(c) Closing shall mean the date of completion of the process detailed in Section 11 of this Agreement. Closing shall occur on or before or

.

(d) Contract Date means the date this Agreement has been fully executed by both Buyer and Seller.

Tagged Interests: contract

(e) Examination Period shall mean the period beginning on the first day after the Contract Date and extending through 5:00pm (based upon time at the

locale of the Property) on
Tagged Interests: contract and property

. TIME IS OF THE ESSENCE AS TO THE EXAMINATION PERIOD.

Page 2 of 8 Buyer Initials Seller Initials STANDARD FORM 580-T

Revised 7/2017 7/2019

Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Tagged Interests: road and streets

89,000.00 Eighty-Nine Thousand

45 Days from Acceptance of Contract

Tagged Interests: contract

40 Days for Acceptance of Contract

Tagged Interests: contract

1235 Speedway

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

(f) Broker(s) shall mean: ( Listing Agency ),

( Listing Agent - License ) Acting as: Seller's Agent; Dual Agent and ( Selling Agency ),

Tagged Interests: license

( Selling Agent - License ) Acting as: Buyer's Agent; Seller's (Sub) Agent; Dual Agent

Tagged Interests: license

(g) Seller's Notice Address shall be as follows:

e-mail address: fax number: except as same may be changed pursuant to Section 12.

(h) Buyer's Notice Address shall be as follows:

e-mail address: fax number: except as same may be changed pursuant to Section 12.

(i) If this block is marked, additional terms of this Agreement are set forth on Exhibit B attached hereto and incorporated herein by reference.

(Note: Under North Carolina law, real estate agents are not permitted to draft conditions or contingencies to this Agreement.)

(j) If this block is marked, additional terms of this Agreement are set forth on the Additional Provisions Addendum (Form 581- T) attached hereto and

incorporated herein by reference.

Section 2. Sale of Property and Payment of Purchase Price: Seller agrees to sell and Buyer agrees to buy the Property for the Purchase Price.

Tagged Interests: economic development, sale, purchasing, and property

Section 3. Proration of Expenses and Payment of Costs: Seller and Buyer agree that all property taxes (on a calendar year basis), leases, rents,

mortgage payments and utilities or any other assumed liabilities as detailed on attached Exhibit B, if any, shall be prorated as of the date of Closing. Seller shall pay for preparation of a deed and all other documents necessary to perform Seller's obligations under this Agreement, excise tax (revenue stamps), any deferred or rollback taxes, and other conveyance fees or taxes required by law, and the following:
Tagged Interests: leasing, taxes, Taxes, utility, Utility, property, and property tax

.

Buyer shall pay recording costs, costs of any title search, title insurance, survey, the cost of any inspections or investigations undertaken by

Buyer under this Agreement and the following:
Tagged Interests: insurance

. Each party shall pay its own attorney's fees.

Tagged Interests: legal

Section 4. Deliveries: Seller agrees to use best efforts to deliver to Buyer as soon as reasonably possible after the Contract Date copies of all

material information relevant to the Property in the possession of Seller, including but not limited to: title insurance policies (and copies of any documents referenced therein), surveys, soil test reports, environmental surveys or reports, site plans, civil drawings, building plans, maintenance records and copies of all presently effective warranties or service contracts related to the Property. Seller authorizes (1) any attorney presently or previously representing Seller to release and disclose any title insurance policy in such attorney's file to Buyer and both Buyer's and Seller's agents and attorneys; and (2) the Property's title insurer or its agent to release and disclose all materials in the Property's title insurer's (or title insurer's agent's) file to Buyer and both Buyer's and Seller's agents and attorneys. If Buyer does not consummate the Closing for any reason other than Seller default, then Buyer shall return to Seller all materials delivered by Seller to Buyer pursuant to this Section 4 (or Section 7, if applicable), if any, and shall, upon Seller's request, provide to Seller copies of (subject to the ownership and copyright interests of the preparer thereof) any and all studies, reports, surveys and other information relating directly to the Property prepared by or at the request of Buyer, its employees and agents, and shall deliver to Seller, upon the release of the Earnest Money, copies of all of the foregoing without any warranty or representation by Buyer as to the contents, accuracy or correctness thereof.
Tagged Interests: Homebuilder, legal, economic development, contract, public safety, materials, insurance, environment, property, and policy

Page 3 of 8 Buyer Initials Seller Initials STANDARD FORM 580-T

Revised 7/2017 7/2019

Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Tagged Interests: road and streets

Home Realty and Mortgage Terlin Johnson 201287

X

130 W Innes St. Salisbury NC 28144

Tagged Interests: hotel

650 Kingstree Rd Salisbury NC 28146

David.Eller@maksoninc.com

1235 Speedway

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

Section 5. Evidence of Title: Seller agrees to convey fee simple insurable title to the Property without exception for mechanics' liens, free and

clear of all liens, encumbrances and defects of title other than: (a) zoning ordinances affecting the Property, (b) Leases (as defined in Section 7, if applicable) and (c) specific instruments on the public record at the Contract Date agreed to by Buyer (not objected to by Buyer prior to the end of the Examination Period), which specific instruments shall be enumerated in the deed referenced in Section 11 (items 5(a), 5(b) and 5(c) being collectively Permitted Exceptions ); provided that Seller shall be required to satisfy, at or prior to Closing, any encumbrances that may be satisfied by the payment of a fixed sum of money, such as deeds of trust, mortgages or statutory liens. Seller shall not enter into or record any instrument that affects the Property (or any personal property listed on Exhibit A) after the Contract Date without the prior written consent of Buyer, which consent shall not be unreasonably withheld, conditioned or delayed.
Tagged Interests: ordinance, leasing, contract, zoning, and property

Section 6. Conditions: This Agreement and the rights and obligations of the parties under this Agreement are hereby made expressly conditioned upon

fulfillment (or waiver by Buyer, whether explicit or implied) of the following conditions:

(a) New Loan: The Buyer must be able to obtain the loan, if any, referenced in Section 1(b)(ii). Notwithstanding, after , Seller may request in

writing from Buyer a copy of the commitment letter. If Buyer

fails to provide Seller a copy of the commitment letter within five (5) days of receipt of Seller's request, then Seller may terminate this Agreement

by written notice to Buyer at anytime thereafter, provided Seller has not then received a copy of the commitment letter, and Buyer shall receive a return of Earnest Money.

(b) Qualification for Assumption: The obligations of Buyer under this Agreement are conditioned upon Buyer being able to assume the existing loan

described above. If such assumption requires the lender's approval, Buyer agrees to use its best efforts to secure such approval and to advise Seller immediately upon receipt of the lender's decision. Approval must be granted on or before
Tagged Interests: grant

. On or before this date, Buyer has the right to terminate this Agreement for failure to be able to assume the loan described above by delivering to

Seller written notice of termination by the above date, time being of the essence. If Buyer delivers such notice, this Agreement shall be null and void and Earnest Money shall be refunded to Buyer. If Buyer fails to deliver such notice, then Buyer will be deemed to have waived this condition. Unless provided otherwise in Section 3 hereof, Buyer shall pay all fees and costs associated with any such assumption, including any assumption fee charged by the lender. At or before Closing, Seller shall assign to Buyer all interest of Seller in any current reserves or escrows held by the lender, any property management company and/or Seller, including but not limited to any tenant improvement reserves, leasing commission reserves, security deposits and operating or capital reserves for which Seller shall be credited said amounts at Closing.
Tagged Interests: leasing, boards and commissions, security, rental, and property

(c) Title Examination: After the Contract Date, Buyer shall, at Buyer's expense, cause a title examination to be made of the Property before the end

of the Examination Period. In the event that such title examination shall show that Seller's title is not fee simple insurable, subject only to Permitted Exceptions, then Buyer shall promptly notify Seller in writing of all such title defects and exceptions, in no case later than the end of the Examination Period, and Seller shall have thirty (30) days to cure said noticed defects. If Seller does not cure the defects or objections within thirty (30) days of notice thereof, then Buyer may terminate this Agreement and receive a return of Earnest Money (notwithstanding that the Examination Period may have expired). If Buyer is to purchase title insurance, the insuring company must be licensed to do business in the state in which the Property is located. Title to the Property must be insurable at regular rates, subject only to standard exceptions and Permitted Exceptions.
Tagged Interests: business, contract, events, insurance, purchasing, Title I, property, license, and rates

(d) Same Condition: If the Property is not in substantially the same condition at Closing as of the date of the offer, reasonable wear and tear

excepted, then the Buyer may (i) terminate this Agreement and receive a return of the Earnest Money or (ii) proceed to Closing whereupon Buyer shall be entitled to receive, in addition to the Property, any of the Seller's insurance proceeds payable on account of the damage or destruction applicable to the Property.
Tagged Interests: insurance and property

(e) Inspections: Buyer, its agents or representatives, at Buyer's expense and at reasonable times during normal business hours, shall have the right

to enter upon the Property for the purpose of inspecting, examining, conducting timber cruises, and surveying the Property; provided, however, that Buyer shall not conduct any invasive testing of any nature without the prior express written approval of Seller as to each specific invasive test intended to be conducted by Buyer. Buyer shall conduct all such on-site inspections, examinations, testing, timber cruises and surveying of the Property in a good and workmanlike manner, at Buyer's expense, shall repair any damage to the Property caused by Buyer's entry and on-site inspections and shall conduct same in a manner that does not unreasonably interfere with Seller's or any tenant's use and enjoyment of the Property. In that respect, Buyer shall make reasonable efforts to undertake on-site inspections outside of the hours Seller's or any tenant's business is open to the public. Buyer shall provide Seller or any tenant (as applicable) reasonable advance notice of and Buyer shall cause its agents or representatives and third party service providers (e.g. inspectors, surveyors, etc.) to give reasonable advance notice of any entry onto the Property. Buyer shall be obligated to observe and comply with any terms of any tenant lease which conditions access to such tenant's space at the
Tagged Interests: leasing, rental, and property

Page 4 of 8 Buyer Initials Seller Initials STANDARD FORM 580-T

Revised 7/2017 7/2019

Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com 1235 Speedway

Tagged Interests: road and streets

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

Property. Upon Seller's request, Buyer shall provide to Seller evidence of general liability insurance. Buyer shall also have a right to review and

inspect all contracts or other agreements affecting or related directly to the Property and shall be entitled to review such books and records of Seller that relate directly to the operation and maintenance of the Property, provided, however, that Buyer shall not disclose any information regarding this Property (or any tenant therein) unless required by law and the same shall be regarded as confidential, to any person, except to its attorneys, accountants, lenders and other professional advisors, in which case Buyer shall obtain their agreement to maintain such confidentiality. Buyer assumes all responsibility for the acts of itself, its agents or representatives in exercising its rights under this Section 6(e) and agrees to indemnify and hold Seller harmless from any damages resulting therefrom. This indemnification obligation of Buyer shall survive the Closing or earlier termination of this Agreement. Except as provided in Section 6(c) above, Buyer shall have from the Contract Date through the end of the Examination Period to perform the above inspections, examinations and testing. IF BUYER CHOOSES NOT TO PURCHASE THE PROPERTY, FOR ANY REASON OR NO REASON, AND PROVIDES WRITTEN NOTICE TO SELLER THEREOF PRIOR TO THE EXPIRATION OF THE EXAMINATION PERIOD, THEN THIS AGREEMENT SHALL TERMINATE, AND BUYER SHALL RECEIVE A RETURN OF THE EARNEST MONEY.
Tagged Interests: legal, contract, insurance, purchasing, rental, and property

Section 7. Leases (Check one of the following, as applicable):

Tagged Interests: leasing

If this box is checked, Seller affirmatively represents and warrants that there are no Leases (as hereinafter defined) affecting the Property.

Tagged Interests: leasing, public safety, and property

If this box is checked, Seller discloses that there are one or more leases affecting the Property ( Leases ) and the following provisions are hereby

made a part of this Agreement.
Tagged Interests: leasing and property

(a) A list of all Leases shall be set forth on Exhibit B. Seller represents and warrants that as of the Contract Date, there are no other Leases,

oral or written, recorded or not, nor any subleases affecting the Property, except as set forth on Exhibit B;
Tagged Interests: leasing, contract, public safety, and property

(b) Seller shall deliver copies of any Leases to Buyer pursuant to Section 4 as if the Leases were listed therein;

Tagged Interests: leasing

(c) Seller represents and warrants that as of the Contract Date there are no current defaults (or any existing situation which, with the passage of

time, or the giving of notice, or both, or at the election of either landlord or tenant could constitute a default) either by Seller, as landlord, or by any tenant under any Lease ( Lease Default ). In the event there is any Lease Default as of the Contract Date, Seller agrees to provide Buyer with a detailed description of the situation in accordance with Section 4. Seller agrees not to commit a Lease Default as Landlord after the Contract Date, and agrees further to notify Buyer immediately in the event a Lease Default arises or is claimed, asserted or threatened to be asserted by either Seller or a tenant under the Lease.
Tagged Interests: leasing, voting, contract, public safety, election, events, and rental

(d) In addition to the conditions provided in Section 6 of this Agreement, this Agreement and the rights and obligations of the parties under this

Agreement are hereby made expressly conditioned upon the assignment of Seller's interest in any Lease to Buyer in form and content acceptable to Buyer (with tenant's written consent and acknowledgement, if required under the Lease). Seller agrees to deliver an assignment of any Lease at or before Closing, with any security deposits held by Seller under any Leases to be transferred or credited to Buyer at or before Closing. The assignment shall provide: (i) that Seller shall defend, indemnify and hold Buyer harmless from claims, losses, damages and liabilities (including, without limitation, court costs and attorneys' fees) asserted against or incurred by Buyer which are caused by or the result of any default by Seller under any Lease prior to the date of Closing, and (ii) that Buyer shall defend, indemnify and hold Seller harmless from claims, losses, damages and liabilities (including, without limitation, court costs and attorneys' fees) asserted against or incurred by Seller which are caused by or the result of any default by Buyer under any Lease after the date of Closing.
Tagged Interests: legal, leasing, security, rental, and court

(e) Seller also agrees to execute and deliver (and work diligently to obtain any tenant signatures necessary for same) any estoppel certificates and

subordination, nondisturbance and attornment agreements in such form as Buyer may reasonably request.
Tagged Interests: rental

Section 8. Environmental: Seller represents and warrants that it has no actual knowledge of the presence or disposal, except as in accordance with

applicable law, within the buildings or on the Property of hazardous or toxic waste or substances, which are defined as those substances, materials, and wastes, including, but not limited to, those substances, materials and wastes listed in the United States Department of Transportation Hazardous Materials Table (49 CFR Part 172.101) or by the Environmental Protection Agency as hazardous substances (40 CFR Part 302.4) and amendments thereto, or such substances, materials and wastes, which are or become regulated under any applicable local, state or federal law, including, without limitation, any material, waste or substance which is (i) petroleum, (ii) asbestos, (iii) polychlorinated biphenyls, (iv) designated as a Hazardous Substance pursuant to Section 311 of the Clean Water Act of 1977 (33 U.S.C. 1321) or listed pursuant to Section 307 of the Clean Water Act of 1977 (33 U.S.C. 1317), (v) defined as a hazardous waste pursuant to Section 1004 of the Resource Conservation and Recovery Act of 1976 (42 U.S.C. 6903) or (vi) defined as a hazardous substance pursuant to Section 101 of the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (42 U.S.C. 9601). Seller has no actual knowledge of any contamination of the Property from such substances as may have been disposed of or stored on neighboring tracts.
Tagged Interests: compensation, Homebuilder, utility, Fossil Fuels - Oil, Utility, public safety, transportation, materials, water, Conservation, environment, property, commercial, hazardous materials, and housing

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Tagged Interests: road and streets

X

1235 Speedway

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

Section 9. Risk of Loss/Damage/Repair: Until Closing, the risk of loss or damage to the Property, except as otherwise provided herein, shall be borne

by Seller. Except as to maintaining the Property in its same condition, Seller shall have no responsibility for the repair of the Property, including any improvements, unless the parties hereto agree in writing.
Tagged Interests: risk and property

Section 10. Earnest Money Disbursement: In the event that any condition hereto is not satisfied, then the Earnest Money shall be refunded to Buyer.

In the event of breach of this Agreement by Seller, the Earnest Money shall be refunded to Buyer upon Buyer's request, but such return shall not affect any other remedies available to Buyer for such breach. In the event of breach of this Agreement by Buyer, the Earnest Money Deposit shall be paid to Seller as liquidated damages and as Seller's sole and exclusive remedy for such breach, but without limiting Seller's rights under Section 6(e) or Section 22 of this Agreement. It is acknowledged by the parties that payment of the Earnest Money to Seller in the event of a breach of this Agreement by Buyer is compensatory and not punitive, such amount being a reasonable estimation of the actual loss that Seller would incur as a result of such breach. The payment of the Earnest Money to Seller shall not constitute a penalty or forfeiture but actual compensation for Seller's anticipated loss, both parties acknowledging the difficulty determining Seller's actual damages for such breach. NOTE: In the event of a dispute between Seller and Buyer over the disposition of the Earnest Money held in escrow, a licensed real estate broker is required by state law (and Escrow Agent, if not a broker, hereby agrees) to retain the Earnest Money in the Escrow Agent's trust or escrow account until Escrow Agent has obtained a written release from the parties consenting to its disposition or until disbursement is ordered by a court of competent jurisdiction. Alternatively, if a broker or an attorney licensed to practice law in North Carolina is holding the Earnest Money, the broker or attorney may deposit the disputed monies with the appropriate clerk of court in accordance with the provisions of N.C.G.S. 93A- 12. Seller and Buyer hereby agree and acknowledge that the Escrow Agent assumes no liability in connection with the holding of the Earnest Money pursuant hereto except for negligence or willful misconduct of Escrow Agent. Escrow Agent shall not be responsible for the validity, correctness or genuineness of any document or notice referred to under this Agreement. Seller and Buyer hereby agree to indemnify, protect, save and hold harmless Escrow Agent and its successors, assigns and agents pursuant to this Agreement, from any and all liabilities, obligations, losses, damages, claims, actions, suits, costs or expenses (including attorney fees) of whatsoever kind or nature imposed on, incurred by or asserted against Escrow Agent which in any way relate to or arise out of the execution and delivery of this Agreement and any action taken hereunder; provided, however, that Seller and Buyer shall have no such obligation to indemnify, save and hold harmless Escrow Agent for any liability incurred by, imposed upon or established against it as a result of Escrow Agent's negligence or willful misconduct.
Tagged Interests: compensation, legal, events, license, penalty, and court

Section 11. Closing: At or before Closing, Seller shall deliver to Buyer a special warranty deed unless otherwise specified on Exhibit B and other

documents customarily executed or delivered by a seller in similar transactions, including without limitation, a bill of sale for any personal property listed on Exhibit A, an owner's affidavit, lien waiver forms (and such other lien related documentation as shall permit the Property to be conveyed free and clear of any claim for mechanics' liens) and a non-foreign status affidavit (pursuant to the Foreign Investment in Real Property Tax Act), and Buyer shall cause to be delivered the funds necessary to pay to Seller the Purchase Price. The Closing shall be conducted by Buyer's attorney or handled in such other manner as the parties hereto may mutually agree in writing. Possession shall be delivered at Closing, unless otherwise agreed herein. The Purchase Price and other funds to be disbursed pursuant to this Agreement shall not be disbursed until the Buyer's attorney's (or other designated settlement agent's) receipt of authorization to disburse all necessary funds.
Tagged Interests: funding, legal, sale, taxes, Taxes, transportation, purchasing, property, investment, property tax, and settlement

Section 12. Notices: Unless otherwise provided herein, all notices and other communications which may be or are required to be given or made by any

party to the other in connection herewith shall be in writing (which shall include electronic mail) and shall be deemed to have been properly given and received (i) on the date delivered in person or (ii) the date deposited in the United States mail, registered or certified, return receipt requested, to the addresses set out in Section 1(g) as to Seller and in Section 1(h) as to Buyer, or at such other addresses as specified by written notice delivered in accordance herewith, (iii) upon the sender's receipt of evidence of complete and successful transmission of electronic mail or facsimile to the electronic mail address or facsimile number, if any, provided in Section 1(g) as to Seller and in Section 1(h) as to Buyer or (iv) on the date deposited with a recognized overnight delivery service, addressed to the addresses set out in Section 1(g) as to Seller and in Section 1(h) as to Buyer, or at such other addresses as specified by written notice delivered in accordance herewith. If a notice is sent by more than one method, it will be deemed received upon the earlier of the dates of receipt pursuant to this Section.
Tagged Interests: recognition, communications, and Communications

Section 13. Counterparts; Entire Agreement: This Agreement may be executed in one or more counterparts, which taken together, shall constitute one

and the same original document. Copies of original signature pages of this Agreement may be exchanged via facsimile or e-mail, and any such copies shall constitute originals. This Agreement constitutes the sole and entire agreement among the parties hereto and no modification of this Agreement shall be binding unless in writing and signed by all parties hereto. The invalidity of one or more provisions of this Agreement shall not affect the validity of any other provisions hereof and this Agreement shall be construed and enforced as if such invalid provisions were not included.

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Tagged Interests: road and streets

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Section 14. Enforceability: This Agreement shall become a contract when signed by both Buyer and Seller and such signing is communicated to both

parties; it being expressly agreed that the notice described in Section 12 is not required for effective communication for the purposes of this Section 14. The parties acknowledge and agree that: (i) the initials lines at the bottom of each page of this Agreement are merely evidence of their having reviewed the terms of each page, and (ii) the complete execution of such initials lines shall not be a condition of the effectiveness of this Agreement. This Agreement shall be binding upon and inure to the benefit of the parties, their heirs, successors and assigns and their personal representatives.
Tagged Interests: contract, communications, and Communications

Section 15. Adverse Information and Compliance with Laws:

Tagged Interests: compliance

(a) Seller Knowledge: Seller has no actual knowledge of (i) condemnation(s) affecting or contemplated with respect to the Property; (ii) actions,

suits or proceedings pending or threatened against the Property; (iii) changes contemplated in any applicable laws, ordinances or restrictions affecting the Property; or (iv) governmental special assessments, either pending or confirmed, for sidewalk, paving, water, sewer, or other improvements on or adjoining the Property, and no pending or confirmed owners' association special assessments, except as follows (Insert None or the identification of any matters relating to (i) through (iv) above, if any):
Tagged Interests: pavement, ordinance, sewer, streets, utility, Utility, water, property, Pedestrian, and condemnation

. Note: For purposes of this Agreement, a confirmed special assessment is defined as an assessment that has been approved by a governmental agency or

an owners' association for the purpose(s) stated, whether or not it is fully payable at time of closing. A pending special assessment is defined as an assessment that is under formal consideration by a governing body. Seller shall pay all owners' association assessments and all governmental assessments confirmed as of the date of Closing, if any, and Buyer shall take title subject to all pending assessments disclosed by Seller herein, if any. Seller represents that the regular owners' association dues, if any, are per .

(b) Compliance: To Seller's actual knowledge, (i) Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and

restrictions pertaining to or affecting the Property; (ii) performance of the Agreement will not result in the breach of, constitute any default under or result in the imposition of any lien or encumbrance upon the Property under any agreement or other instrument to which Seller is a party or by which Seller or the Property is bound; and (iii) there are no legal actions, suits or other legal or administrative proceedings pending or threatened against the Property, and Seller is not aware of any facts which might result in any such action, suit or other proceeding.
Tagged Interests: regulation, ordinance, legal, performance, property, and compliance

Section 16. Survival of Representations and Warranties: All representations, warranties, covenants and agreements made by the parties hereto shall

survive the Closing and delivery of the deed. Seller shall, at or within six (6) months after the Closing, and without further consideration, execute, acknowledge and deliver to Buyer such other documents and instruments, and take such other action as Buyer may reasonably request or as may be necessary to more effectively transfer to Buyer the Property described herein in accordance with this Agreement.
Tagged Interests: public safety and property

Section 17. Applicable Law: This Agreement shall be construed under the laws of the state in which the Property is located. This form has only been

approved for use in North Carolina.
Tagged Interests: property

Section 18. Assignment: This Agreement is freely assignable unless otherwise expressly provided on Exhibit B.

Section 19. Tax-Deferred Exchange: In the event Buyer or Seller desires to effect a tax-deferred exchange in connection with the conveyance of the

Property, Buyer and Seller agree to cooperate in effecting such exchange; provided, however, that the exchanging party shall be responsible for all additional costs associated with such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect to such tax-deferred exchange. Seller and Buyer shall execute such additional documents, at no cost to the non-exchanging party, as shall be required to give effect to this provision.
Tagged Interests: taxes, Taxes, events, and property

Section 20. Memorandum of Contract: Upon request by either party, the parties hereto shall execute a memorandum of contract in recordable form

setting forth such provisions hereof (other than the Purchase Price and other sums due) as either party may wish to incorporate. Such memorandum of contract shall contain a statement that it automatically terminates and the Property is released from any effect thereby as of a specific date to be stated in the memorandum (which specific date shall be no later than the date of Closing). The cost of recording such memorandum of contract shall be borne by the party requesting execution of same.
Tagged Interests: contract, purchasing, and property

Section 21. Authority: Each signatory to this Agreement represents and warrants that he or she has full authority to sign this Agreement and such

instruments as may be necessary to effectuate any transaction contemplated by this Agreement on behalf of the party for whom he or she signs and that his or her signature binds such party.
Tagged Interests: public safety

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Tagged Interests: road and streets

DocuSign Envelope ID: 236BCBC6-77BD-4222-BC0A-E9946EF6D996

Section 22. Brokers: Except as expressly provided herein, Buyer and Seller agree to indemnify and hold each other harmless from any and all claims of

brokers, consultants or real estate agents by, through or under the indemnifying party for fees or commissions arising out of the sale of the Property to Buyer. Buyer and Seller represent and warrant to each other that: (i) except as to the Brokers designated under Section 1(f) of this Agreement, they have not employed nor engaged any brokers, consultants or real estate agents to be involved in this transaction and (ii) that the compensation of the Brokers is established by and shall be governed by separate agreements entered into as amongst the Brokers, the Buyer and/or the Seller.
Tagged Interests: compensation, boards and commissions, sale, public safety, services, and property

Section 23. Attorneys Fees: If legal proceedings are instituted to enforce any provision of this Agreement, the prevailing party in the proceeding

shall be entitled to recover from the non-prevailing party reasonable attorneys fees and court costs incurred in connection with the proceeding.
Tagged Interests: legal and court

EIFS/SYNTHETIC STUCCO: If the adjacent box is checked, Seller discloses that the Property has been clad previously (either in whole or in part) with

an exterior insulating and finishing system commonly known as EIFS or synthetic stucco . Seller makes no representations or warranties regarding such system and Buyer is advised to make its own independent determinations with respect to conditions related to or occasioned by the existence of such materials at the Property.
Tagged Interests: public safety, materials, and property

THE NORTH CAROLINA ASSOCIATION OF REALTORS , INC. AND THE NORTH CAROLINA BAR ASSOCIATION MAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY

OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR YOUR LEGAL NEEDS, YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN IT.
Tagged Interests: legal

BUYER:

Individual

Date:

Date:

Business Entity

Tagged Interests: business

(Name of Entity)

By:

Name:

Title:

Date:

SELLER:

Individual

Date: