Title
Consent and Subordination in Granting a Deed of Easement for Sanitary Sewer Purposes to the City of Raleigh on Property Secured by a Wake County Housing & Community Revitalization Loan
Recommended Action
That the Board of Commissioners:
1. Consents to Wakefield Manor, LLC and Wakefield Affordable Housing, LLC granting a Deed of Easement for Sanitary Sewer Purposes to the City of Raleigh on property secured by a Wake County Housing & Community Revitalization Loan; and
2. Releases said portion of the Sanitary Sewer Easement Area conveyed to the City of Raleigh from the Wake County Deed of Trusts recorded in Deed Book 13629, Page 336, Deed Book 13231, Page 105 Wake County Registry; and
3. Authorizes the Chair to execute the Subordination portion of the Deed of Easement for Sanitary Sewer Purposes (along with any other supporting documentation), subject to the terms and conditions acceptable to the County Attorney.