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2019-11-18 RM Exhibits Exhibit Book XL1.- Page 3-7r 1 NEW HANOVER COUNTY BOARD OF COMMISSIONERS RESOLUTION OF APPROVAL OF THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION'S (NCDOT) ACQUISITION OF APPROXIMATELY .003 ACRE OF RIGHT OF WAY AT 1241 MILITARY CUTOFF ROAD AS PART OF THE MILITARY CUTOFF ROAD AND EASTWOOD ROAD INTERSECTION PROJECT WHEREAS, the North Carolina Department of Transportation (NCDOT) has contacted New Hanover County (NHC) regarding the acquisition of approximately .003 acre of right of way at 1241 Military Cutoff Road, Wilmington, NC, the site of the Northeast Library; and WHEREAS, based on comparables, NCDOT has set a value of the right of way at $1,925; and WHEREAS, NCDOT has agreed to pay NHC the full value of$1,925 and also pay closing costs; and WHEREAS, NCGS 160A-274 authorizes any governmental unit, upon such terms and conditions as it deems wise, with or without consideration, exchange with, lease to, lease from, sell to, or purchase from any other governmental unit any interest in real or personal property. NOW, THEREFORE, BE IT RESOLVED, that the New Hanover County Board of Commissioners approves the sale of approximately .003 acre of right of way at 1241 Military Cutoff Road, Wilmington, NC, 28405 for$1,925 and the County Manager is hereby authorized and directed to execute the closing documents, with the documents to be approved by the County Attorney. ADOPTED, this the 18th day of November, 2019. NEW HANOVER COUNTY vNTY.� � 0,0 0 41,k1 at an Barfiel C airman 1, 114 11, Vl •F—,ABLIsttEs,‘ Ky berleigh G. Cr ell, Clerk to the Board Exhibit Book AL1- Page 37r 2- NEW HANOVER COUNTY BOARD OF COMMISSIONERS RESOLUTION SUPPORTING LANDSCAPE BEAUTIFICATION ENHANCEMENTS TO US 17 MARKET STREET CORRIDOR FROM MIDDLE SOUND LOOP ROAD TO MARSH OAKS DRIVE WHEREAS, the North Carolina Department of Transportation is constructing road improvements to US 17 Market Street corridor through New Hanover County, North Carolina; and WHEREAS, New Hanover County desires landscape beautification to the completed improvements along US 17 Market Street between Middle Sound Loop Road and Marsh Oaks Drive; and WHEREAS,the North Carolina Department of Transportation is currently completing design work for enhancement to the US 17 Market Street corridor; and WHEREAS, New Hanover County desires to work in concert with the North Carolina Department of Transportation to develop a vision for landscape beautification enhancements in the corridor. NOW, THEREFORE, BE IT RESOLVED, that the New Hanover County Board of Commissioners commits to support the pursuit of design and implementation of landscape beautification enhancements along US 17 Market Street between Middle Sound Loop Road and Marsh Oaks Drive through the NCDOT Roadside Aesthetics Policy funds, and commits to maintain the project when relinquished to New Hanover County at the agreed upon time. ADOPTED this the 18th day of November, 2019. NEW HA eVER COUNTY JN1Y�NO Go R>. 01r ' . at .n Barf • r Chairman °i4 x. `a ATTEST: .ETA.,,mkto - - t • --11• Ky '.erleigh G. C :well, Clerk to the Board Exh Book ibit XG1 Page 370? G°VI3TY."0 NEW HANOVER COUNTY < �' �" TAX DEPARTMENT I ii\e _ c y m - _ 2 230 Government Center Drive, Suite 190,Wilmington, NC 28403 ti ii a P:(910)798-7300 1 F:(910)798-7310 1 NHCgov.com FSrgej�K��t�`'�� Allison Snell,Tax Administrator Pursuant to NC GS 105-378 Limitation on use of remedies. (a) Use of Remedies Barred.—No county or municipality may maintain an action or procedure to enforce any remedy provided by law for the collection of taxes or the enforcement of any tax liens (whether the taxes or tax liens are evidenced by the original tax receipts, tax sales certificates, or otherwise) unless the action or procedure is instituted within 10 years from the date the taxes became due. Therefore,on this the 18`h day of November,2019, Collector of Revenue,Allison Snell, asks the New Hanover County Board of Commissioners to release the levy for tax year 2009 from the charge as the 10- year statute of limitations prohibits the collector from using forced collection measures to collect these taxes.These amounts are deemed insolvent and uncollectible. • 2009 Real Estate Personal Property Motor Vehicles Total New Hanover $30,954.44 $177,609.79 $91,930.20 $300,494.43 Fire District $1,022.33 $8,869.78 $4,698.94 $14,591.05 Carolina Beach $865.12 $3,938.37 $1,416.82 $6,220.31 Kure Beach $56.94 $221.15 $131.71 $409.80 Wilmington $12,361.30 $65,025.74 $35,709.72 $113,096.76 Wrightsville Beach $753.78 $2,078.89 $246.73 $3,079.40 Total $46,013.91 $257,743.72 $134,134.12 $437,891.75 As requested,the New Hanover County Board of Commissioners does hereby release the levy for tax year 2009 as stated above from the charge as the 10-year statute of limitations prohibits the collector from using forced collection measures to collect these taxes.These amounts are deemed insolvent and uncol .le. v$TY•Iy0 >.y .nathan Ba i s • ' , airman k� = t, New Hanov- 'ounty p .14 ', �A i ;/■3*., 2 'L a Exhibit Book X 1_1_ Page 3� L14 AGENDA: November 18,2019 NEW HANOVER COUNTY BOARD OF COMMISSIONERS AN ORDINANCE AMENDING THE FISCAL YEAR 2020 BUDGET BE IT ORDAINED by the Board of County Commissioners of New Hanover County,North Carolina, that the following Budget Amendment(s)be made to the annual budget ordinance for the fiscal year ending June 30,2020. Section 1: Details of Budget Amendment Strategic Focus Area: Superior Public Health, Safety and Education Strategic Objective(s): Increase public safety/crime prevention Fund: General Department: Emergency Management-Hurricane Ex i enditure: Decrease Increase Total 20-020 Hurricane Dorian $ 1,111,490 $ 1,111,490 Total S - I $ 1,111,490 IJ $ 1,111,490 Revenue: Decrease Increase Total 20-020 Appropriated Fund Balance $ 1,111,490 $ 1,111,490 Total $ - $ 1,111,490 II $ 1,111,490 Prior to Actions Total if Actions Today Taken Departmental Budget $ 2,711,332 $ 3,822,822 Appropriated Gen Fund Balance $ 6,579,338 $ 7,690,828 Section 2: Explanation BA 20-020 is requested to appropriate Fund Balance for Hurricane Dorian related expenditures. The County is eligible to apply to the Federal Emergency Management Agency(FEMA)and the N.C.Division of Emergency Management for public assistance. The amount of reimbursement is not known at this time. The General Fund Appropriated Fund balance is being increased by$1,111,490. Section 3: Documentation of Adoption This ordinance shall be effective upon its adoption. NOW,THEREFORE,BE IT RESOLVED by the Board of County Commissioners of New Hanover County,North Carolina,that the Ordinance for Budget Amendment 20-020 amending the annual budget ordinance for the fiscal year ending June 30,2020,is adopted. Adopted,this 18th day of November,2019. (SEAL) /// I .n.than Bath- •.,Cha rman ATT T. i1.4t - 4/ .445) ...e._ Z 2 •F��BUSHED��• berleigh G.Cr'y�1 11,Clerk to the Board Exhibit Book Xt-i— Page S7- '-fh RESOLUTION DESIGNATION OF APPLICANT'S AGENT North Organization Name(hereafter named OrganizationCarolina )Division of Emergency Management Disaster Number: FEMA-4465-DR-NC New Hanover County Applicant's State Cognizant Agency for Single Audit purposes(If Cognizant Agency is not assigned, please indicate): Applicant's Fiscal Year(FY) Start Month: July Day: 1 Applicant's Federal Employer's Identification Number 56 - 6000324 Applicant's Federal Information Processing Standards(FIPS) Number 129 - 99129 - 00 PRIMARY AGENT SECONDARY AGENT Agent's Name Agent's Name Martha Wayne Lisa Wurtzbacher Organization Organization New Hanover County New Hanover County Official Position Official Position Chief Financial Officer Deputy Chief Financial Officer Mailing Address Mailing Address 230 Government Center Drive, Ste 165 230 Government Center Drive, Ste 165 City,State,Zip City,State,Zip Wilmington, NC 28403 Wilmington, NC 28403 Daytime Telephone Daytime Telephone 910-798-7187 910-798-7187 Facsimile Number Facsimile Number 910-798-7806 910-798-7806 Pager or Cellular Number Pager or Cellular Number BE IT RESOLVED BY the governing body of the Organization (a public entity duly organized under the laws of the State of North Carolina)that the above-named Primary and Secondary Agents are hereby authorized to execute and file applications for federal and/or state assistance on behalf of the Organization for the purpose of obtaining certain state and federal financial assistance under the Robert T.Stafford Disaster Relief&Emergency Assistance Act, (Public Law 93-288 as amended)or as otherwise available. BE IT FURTHER RESOLVED that the above-named agents are authorized to represent and act for the Organization in all dealings with the State of North Carolina and the Federal Emergency Management Agency for all matters pertaining to such disaster assistance required by the grant agreements and the assurances printed on the reverse side hereof. BE IT FINALLY RESOLVED THAT the above-named agents are authorized to act severally. PASSED AND APPROVED this_18th day of November ,20 19_. GOVERNING BODY CERTIFYING OFFICIAL Name and Title: Jonathan Barfield, Jr., Chairman Name and Title: Julia Olson-Boseman, Vice-Chairwoman Name and Title: Patricia Kusek, Commissioner Name: Kymberleigh G. Crowell I Name and Title Woody White, Commissioner Official Position: Clerk to the Board Name and Title Rob Zapple, Commissioner Da time Tele•hone: 910-798-7143 CERTIFICATION I,_Kymberleigh G. Crowell , (Name)duly appointed and_Clerk to the Board (Title)of the Governing Body, do hereby certify that the above is a true and correct copy of a resolution passed and approved by the Governing Body of New Hanover County (Organization)on the_18th day of November ,20_19_. Date: UP 3a 010!5 Signature: Kpidi.d.sh. Q. ��(,�Iv(JIJL.. / Exhibit Book X1—r Page _7_5- RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER,NORTH CAROLINA,AUTHORIZING THE NEGOTIATION OF AN AMENDMENT TO AN INSTALLMENT FINANCING CONTRACT, DIRECTING THE PUBLICATION OF NOTICE WITH RESPECT THERETO AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS THERETO WHEREAS, the County of New Hanover, North Carolina (the "County") is a validly existing political subdivision, existing as such under and by virtue of the Constitution, statutes and laws of the State of North Carolina(the "State"); WHEREAS, the County has the power, pursuant to the General Statutes of North Carolina to (1)purchase real and personal property, (2) enter into installment purchase contracts in order to finance the purchase of real and personal property used,or to be used,for public purposes,and(3)grant a security interest in some or all of the property purchased to secure repayment of the purchase price; WHEREAS, the County has previously executed and delivered (1) an Installment Financing Contract dated as of June 1, 2010 (the "2010 Contract") with the New Hanover Financing Corporation (the "Corporation"), the proceeds of which were used to finance the Projects (as defined in the 2010 Contract), including, among other things, the acquisition and renovation of a portion of the County's government center complex (the "Government Center") in 2005 and 2007 and acquisition of the County's judicial building in 2000 and a 5-story expansion of the judicial building in 2002(the "Judicial Building"); (2) a Deed of Trust, Security Agreement and Fixture Filing dated as of June 1, 2010 (the "Deed of Trust")granting a lien on the sites of the Government Center and the Judicial Building; and(3) Amendment Number One to the Contract dated as of September 1, 2012 (the "First Contract Amendment") with the Corporation, the proceeds of which were used to refinance the 2003 Projects (as defined in the First Contract Amendment); WHEREAS, the Board hereby determines that it is in the best interest of the County to enter into (1) Amendment Number Two to the 2010 Contract (the "Second Contract Amendment" and collectively with the 2010 Contract and the First Contract Amendment,the "Contract")with the Corporation in order to pay the capital costs of the following: (1)construction of a replacement juvenile justice facility on the site of the existing facility that will house court and support functions related to the juvenile court system (the "Juvenile Justice Facility"), (2) renovation and expansion of the terminal at Wilmington International Airport pursuant to an interlocal agreement with the New Hanover County Airport Authority, (3) acquisition of and improvements to Echo Farms Park, (4) improvements to the County's Senior Resource Center, (5) acquisition of vehicles and equipment for various County purposes, and (6) relocation of a raw water line pursuant to an interlocal agreement with Lower Cape Fear Water and Sewer Authority(collectively, the "2020 Projects")and(2)a notice of extension(the "Notice of Extension")to the Deed of Trust extending the lien to the site of the Juvenile Justice Facility; WHEREAS, the County hereby determines that the acquisition of the 2020 Projects is essential to the County's proper, efficient and economic operation and to the general health and welfare of its inhabitants; that the 2020 Projects will provide an essential use and will permit the County to carry out public functions that it is authorized by law to perform; and that entering into the Second Contract Amendment and the Notice of Extension is necessary and expedient for the County by virtue of the findings presented herein; WHEREAS, the County hereby determines that the Second Contract Amendment would allow the County to purchase the 2020 Projects and take title thereto at a favorable interest rate currently available in the financial marketplace and on terms advantageous to the County; PPAB 5212025v3 WHEREAS, the County hereby determines that the estimated cost of the acquisition of the 2020 Projects is an amount not to exceed$44,000,000 and that such cost of the acquisition of the 2020 Projects exceeds the amount that can be prudently raised from currently available appropriations, unappropriated fund balances and non-voted bonds that could be issued by the County in the current fiscal year pursuant to Article V, Section 4 of the Constitution of the State; WHEREAS, although the cost of the acquisition of the 2020 Projects pursuant to the Second Contract Amendment is expected to exceed the cost of the acquisition of the 2020 Projects pursuant to a bond financing for the same undertaking,the County hereby determines that the cost of the acquisition of the 2020 Projects pursuant to the Second Contract Amendment and the Notice of Extension and the obligations of the County thereunder are preferable to a general obligation bond financing or revenue bond financing for several reasons, including but not limited to the following: (1) the cost of a special election necessary to approve a general obligation bond financing, as required by the laws of the State, would result in the expenditure of significant funds; (2) the time required for a general obligation bond election would cause an unnecessary delay which would thereby decrease the financial benefits of acquiring, constructing, improving and equipping the 2020 Projects; and(3)no revenues are produced by the 2020 Projects so as to permit a revenue bond financing; WHEREAS, the County has determined and hereby determines that the estimated cost of the acquisition of the 2020 Projects pursuant to the Second Contract Amendment reasonably compares with an estimate of similar costs under a bond financing for the same undertaking as a result of the findings delineated in the above preambles; WHEREAS, the County does not anticipate a future property tax increase to pay installment payments falling due under the Second Contract Amendment; WHEREAS, the sums to fall due under the Second Contract Amendment will be adequate but not excessive for its proposed purpose; WHEREAS, Parker Poe Adams & Bernstein LLP, as bond counsel ("Bond Counsel"), will render an opinion to the effect that entering into the Second Contract Amendment and the transactions contemplated thereby are authorized by law; WHEREAS, no deficiency judgment may be rendered against the County in any action for its breach of the Second Contract Amendment, and the taxing power of the County is not and may not be pledged in any way directly or indirectly or contingently to secure any moneys due under the Second Contract Amendment; WHEREAS, the County is not in default under any of its debt service obligations; WHEREAS, the County's budget process and Annual Budget Ordinance are in compliance with the Local Government Budget and Fiscal Control Act, and external auditors have determined that the County has conformed with generally accepted accounting principles as applied to governmental units in preparing its Annual Budget ordinance; WHEREAS, past audit reports of the County indicate that its debt management and contract obligation payment policies have been carried out in strict compliance with the law, and the County has not been censured by the North Carolina Local Government Commission (the "LGC"), external auditors or any other regulatory agencies in connection with such debt management and contract obligation payment policies; PPAB 5212025v3 WHEREAS, as the County intends to extend the lien of the Deed of Trust to additional property,a public hearing on the Second Contract Amendment after publication of a notice with respect to such public hearing must be held, and approval of the LGC with respect to entering into the Second Contract Amendment and the Notice of Extension must be received; and WHEREAS, the County hereby determines that all findings,conclusions and determinations of the County in this Resolution are subject to modification or affirmation after all interested parties have been afforded the opportunity to present their comments at a public hearing regarding the execution and delivery of the Second Contract Amendment, the Notice of Extension and the projects to financed thereby. WHEREAS, in connection with the execution and delivery of the Notice of Extension and the extension of the lien of the Deed of Trust to the site of the Juvenile Justice Facility, the County intends to release the lien on the Government Center; WHEREAS, under Section 1.14 of the Deed of Trust, the County must make certain findings in order to request a release of the Government Center; WHEREAS, copies of the form of the Deed of Partial Release have been made available to the Board; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA,AS FOLLOWS: Section 1. Authorization to Negotiate Second Contract Amendment. That the County Manager or the Chief Financial Officer, with advice from the County Attorney and Bond Counsel, are hereby authorized and directed to proceed and negotiate on behalf of the County the Second Contract Amendment for a principal amount not to exceed $44,000,000, for the financing of the 2020 Projects, to be entered into in accordance with the provisions of Section 160A-20 of the General Statutes of North Carolina and to provide in connection with the Second Contract Amendment, as security for the County's obligations thereunder, the Notice of Extension conveying a lien and interest in the site of the Juvenile Justice Facility and the improvements thereon, as may be required by the entity, or its assigns, providing the funds to the County under the Second Contract Amendment. Section 2. Application to LGC. That the Chief Finance Officer or her designee is hereby directed to file with the LGC an application for its approval of the Second Contract Amendment and all relevant transactions contemplated thereby on a form prescribed by the LGC and to state in such application such facts and to attach thereto such exhibits regarding the County and its financial condition as may be required by the LGC. Section 3. Direction to Retain Professionals. That the County Manager and the Chief Finance Officer, with advice from the County Attorney, are hereby authorized and directed to retain the assistance of Parker Poe Adams & Bernstein LLP, Raleigh, North Carolina, as bond counsel, First Tryon Advisors, Charlotte North Carolina, as financial advisor and PNC Capital Markets LLC, Charlotte,North Carolina,as underwriter. Section 4. Public Hearing. That a public hearing (the "Public Hearing") shall be conducted by the Board on December 2, 2019 at 4:00 p.m. in the Assembly Room, New Hanover County Courthouse, 24 North Third Street, Wilmington, North Carolina, concerning the Second Contract Amendment, the Notice of Extension, the proposed 2020 Projects and any other transactions contemplated therein and associated therewith. PPAB 5212025v3 Section 5. Notice of Public Hearing. That the Clerk to the Board is hereby directed to cause a notice of the Public Hearing, in the form attached hereto as Exhibit A,to be published once in a qualified newspaper of general circulation within the County no fewer than 10 days prior to the Public Hearing. Section 6. Request for Release of Premises. That the County hereby requests, in accordance with Section 1.14 of the Deed of Trust,that the deed of trust trustee referred to therein release from the Deed of Trust those portions of the Premises described as the Released Property on Exhibit B attached hereto (which shall be contained in the Deed of Partial Release) and that the County agrees to pay all expenses associated with the completion of such release. In connection therewith, the County hereby finds (with the understanding that U.S. Bank National Association will rely upon such findings in executing the Deed of Partial Release) that (1) the purpose of the Deed of Partial Release is to eliminate the lien on the Government Center to allow for greater flexibility with respect to such property; (2) an adequate legal description of the Government Center, which is included in the Deed of Partial Release, is attached hereto as Exhibit B and labeled "Released Property"; (3) the value of the Premises after the proposed release of the Government Center will be not less than 50% of the aggregate principal component of the Installment Payments (as defined in the Contract) related to the Bonds Outstanding(as such terms are defined in the Deed of Trust); and(4)the proposed release of the Government Center will not prohibit ingress, egress and regress to and from the Premises not being released or materially interfere with the use of the remainder of the Premises not being released. Section 7. Consent of the Beneficiary. That the County hereby requests, in accordance with Section 1.14 of the Deed of Trust, that U.S. Bank National Association, as the assignee of the beneficiary under the Deed of Trust,consent to the release from the Deed of Trust of those portions of the Premises described as the Released Property on Exhibit B attached hereto and execute and deliver the Deed of Partial Release. Section 8. Authority to Execute and Deliver the Deed of Partial Release. That the form and content of the Deed of Partial Release are in all respects authorized, approved and confirmed, and the Chairman, the County Manager, the Chief Financial Officer and the Clerk to the Board and their respective designees are authorized, empowered and directed to execute and deliver the Deed of Partial Release, including necessary counterparts, in substantially the forms and content presented to the Board, but with such changes, modifications, additions or deletions therein as to them seem necessary, desirable or appropriate, their execution thereof to constitute conclusive evidence of their approval of any and all changes, modifications, additions or deletions therein from the form and content of the Deed of Partial Release presented to the Board, and that from and after the execution and delivery thereof, the County Manager, the Chief Financial Officer and the Clerk to the Board are hereby authorized, empowered and directed to do all such acts and things and to execute all such documents as may be necessary to carry out and comply with the provisions thereof as executed. Section 9. Actions by the County. That the Chairman, the Clerk to the Board, the County Manager, the Chief Financial Officer, the County Attorney and their respective designees, are hereby designated to act on behalf of the County to effectuate the release of the Government Center,as described in this Resolution, and all actions of such officers on behalf of the County with respect to such actions, whether previously or hereinafter taken, are hereby approved,ratified and authorized. Section 10. Repealer. That all motions, orders, resolutions and parts thereof in conflict herewith are hereby repealed. Section 11. Effective Date. That this Resolution is effective on the date of its adoption. PPAB 5212025v3 I I Read, approved and adopted this 18th day of November, 2 0 ,•. / ded,/ By: ..,—,- Chairm. o the Board o s•• issioners Cl to the Boar G0 Vr1TY., AP OVED AS TO FORM: i .."-\/\4,� 5 County Attorney ti ii w�Ol1 a PPAB 5212025v3 EXHIBIT A NOTICE OF PUBLIC HEARING At its November 18, 2019 meeting, the Board of Commissioners (the "Board") of the County of New Hanover,North Carolina(the "County")adopted a resolution which: 1. Authorized the County to proceed to pay the capital costs of(1)construction of a replacement juvenile justice facility on the site of the existing facility that will house court and support functions related to the juvenile court system (the "Juvenile Justice Facility"), (2) renovation and expansion of the terminal at Wilmington International Airport pursuant to an interlocal agreement with the New Hanover County Airport Authority, (3)acquisition of and improvements to Echo Farms Park, (4)improvements to the County's Senior Resource Center, (5) acquisition of vehicles and equipment for various County purposes, and (6) relocation of a raw water line pursuant to an interlocal agreement with Lower Cape Fear Water and Sewer Authority (collectively, the "2020 Projects"), pursuant to an amendment (the "Contract Amendment") to an installment financing contract (the "Existing Contract,"and together with the Contract Amendment, the "Contract"), in a principal amount not to exceed $44,000,000 under which the County will make certain installment payments, in order to make the 2020 Projects available to the County; 2. Authorized the County to proceed to provide, in connection with the Contract Amendment, as grantor, a notice of extension(the "Notice of Extension") extending the lien created by an existing deed of trust, security agreement and fixture filing (the "Existing Deed of Trust," and together with the Notice of Extension, the "Deed of Trust") to the real property on which a juvenile justice facility will be located and the improvements thereon (the "Juvenile Justice Facility"). Such site will be mortgaged by the County along with properties already subject to the lien(collectively, the "Sites")to create a lien thereon for the benefit of the New Hanover County Financing Corporation, or its assigns, the counterparty under the Contract. The Juvenile Justice Facility will be located at 138 N.4th Street,Wilmington,North Carolina. On payment by the County of all installment payments due under the Contract,the Deed of Trust and any lien created thereunder will terminate and the County's title to the Sites will be unencumbered. NOTICE IS HEREBY GIVEN, pursuant to Sections 160A-20 of the General Statutes of North Carolina, that on December 2, 2019 at 4:00 p.m. in the Assembly Room, New Hanover County Courthouse, 24 North Third Street, Wilmington, North Carolina, a public hearing will be conducted concerning the approval of the execution and delivery of the Contract Amendment and the Notice of Extension and the County's financing of the 2020 Project. All interested parties are invited to present comments at the public hearing regarding the execution and delivery of the Contract Amendment and the 2020 Projects to be financed thereby. /s/ KYM CROWELL Clerk to the Board of Commissioners County of New Hanover,North Carolina Published: PPAB 5212025v3 III EXHIBIT B Released Property Government Center: All of that tract or parcel of land lying and being in New Hanover County, North Carolina, being more particularly described as follows: BEGINNING at a point, said point being located on the northerly right-of-way of Market Place Drive and being the southwesterly corner of the property owned by New Hanover County, and being recorded in Book 3698, Page 527,New Hanover County Register of Deeds, running thence along the northerly right- of-way of Market Place Drive, along curve to the left having a chord distance of 200.01 feet, a radius of 340 feet South 65°8'24" West to a point; running thence North 5° 32'50" West 70.85 feet to a point; running thence North 89°2'21" West 130.87 feet to a point; running thence North 66°07'47" West 272.48 feet to a point; running thence North 5° 32'50" West 334.67 feet to a -point; running thence North 84°31'51" East 358.79 feet to a point running thence North 5° 28'09" West 83.75 feet to a point; running thence North 84°31'51" East 200.23 feet to a point running thence South 5°32'50" East 25.26 feet to a point; running thence South 84°31'10" West 12.07 feet to a point; running thence South 5°28'50" East 133.19 feet to a point; running thence South 84°3T09" West 102.63 feet to a point; running thence North 5°34'17" East 0.40 feet to a point; running thence South 39°26'33" East 6.10 feet to a point; running thence South 84°26'33" West 2 feet to a point; running thence South 5°33'27" West 22.06 feet to a point; running thence North 82°12'45" East 2.05 feet to a point; running thence South 50°25'51" East 6.05 feet to a point; running thence North 84°37'34" East 102.58 feet to a point; running thence South 5°11'49" East 110.81 feet to a point; running thence North 84°32'12" East 9.94 feet to a point; running thence South 5°32'41 East 271.77 feet to a point and place of BEGINNING. BEING part of Lot 5, Wilmington Market Place as recorded in Map Book 28, Page 29, and being a 6.24 acre tract of land as shown on the survey entitled, "Recombination of Existing Parcels for New Market, LLC"prepared by Sherwin D. Cribb,Registered Land Surveyor, dated March 24,2005. PPAB 5212025v3 STATE OF NORTH CAROLINA ) ) ss: COUNTY OF NEW HANOVER ) I, Kym Crowell, Clerk to the Board of Commissioners of the County of New Hanover, North Carolina, DO HEREBY CERTIFY that the foregoing is a true and exact copy of a resolution entitled RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA,AIJTHORIZING THE NEGOTIATION OF AN AMENDMENT TO AN INSTALLMENT FINANCING CONTRACT, DIRECTING THE PUBLICATION OF NOTICE WITH RESPECT THERETO AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS THERETO" adopted by the Board of Commissioners of the County of New Hanover,North Carolina,at a meeting held on the 18th day of November, 2019. WITNESS my hand and the corporate seal of the County of New Hanover, North Carolina, this the W'day of November,2019. cos T y.4,0 Kt, a•Ltswak_ p n n K ROWELL Clerk to the Board of Commissioners O County of New Hanover,North Carolina ; ,.._"_—lis:-=-4t, Z' .414ecrst.3.- PPAB 5212025v3