NORTH CAROLINA WAKE COUNTY DATE: AUGUST 18, 2022 NORTH CAROLINA DEPARTMENT OF TRANSPORTATION LICENSE AGREEMENT FOR PROPERTY ENCROACHMENT D&SC RAILROAD CORRIDOR AND Milepost DD-16.45 WBS: 42888 TOWN OF APEX AND JVI BUILDING & DEVELOPMENT, INC.License Agreement • August 19th, 2022
Contract Type FiledAugust 19th, 2022THIS LICENSE AGREEMENT is made and entered into on the last date executed below, by and among the NORTH CAROLINA DEPARTMENT OF TRANSPORTATION, an agency of the State of North Carolina (hereinafter “Department” and/or “Licensor”), the TOWN OF APEX, a local government entity (hereinafter “Municipality” and/or “Assuming Party”), the JVI BUILDING & DEVELOPMENT, INC., a business corporation of the State of North Carolina (hereinafter referred to as the “Developer” and/or “Licensee”); each party will hereinafter be referred to individually as a “Party,” and collectively as the “Parties.”