Orange County NC Website
20 <br />such filing or entering into an agreement. In addition, after the <br />"barQaininQ period" is completed, _. _ _____ ~ _, _ _ any Greene <br />Tract Owner may give 60 days' prior notice of an election to be no <br />longer bound by the above restrictions pertaining to the uses of and <br />whether to impose use restrictions on the remainder of the Greene <br />Tract,~f ~'.-_is~ar~; and such election shall be effective at the end <br />of the notice period. <br />The Parties agree that any non System use of any portion of the <br />remainder of the Greene Tract or any d1.SDOSltlon of any portion of the <br />remainder of the Greene Tract shall result in payment to the County of <br />the Reimbursement Amount for deposit in the System enterprise fund. <br />6. .The County will finance community benefi_t_s from System funds to <br />the extent legally permissible. <br />The Parties will cooperate to provide public benefits to the <br />community of residents and property owners in the neig'nborhood of the <br />existing landfill. <br />The Parties note the expected forthcoming report of the Landfill <br />Community Benefits Committee that has been studying the question of <br />community benefits. Upon the release of the report, each Party shall <br />provide for its Governing Board to discuss the working group's proposal <br />for community benefits, and stall provide for such legal and other <br />staff analysis of the proposed list as it may deem appropriate <br />(especially including legal analysis concerning the use of System funds <br />to pay the costs of such benefits). After each Party has completed its <br />own analysis, the Parties shall work together, diligently and in good <br />faith, to reach an agreement as to commu*~ity benefits to be provided. <br />The process of determining community benefits shall continue to include <br />participation by persons belonging to the relevant community. rival <br />determinations of the public benefits to be provided, the sources of <br />financing and the mechanisms for providing the benefits, however, shall <br />be made or_ly by further agreement of all the Parties. <br />The Parties state their preference that benefits be financed from <br />System funds to the extent permitted by law. To the extent permitted by <br />law and by generally accepted accounting principles, to the extent <br />de*_=rmined by the Parties and notwithstanding any other provision of <br />this Agreement, the costs of providing public benefits as described ir. <br />ti:is Part 6 may be treated as an expense of the System and may be paid <br />from System Revenues. <br />The public benefits contemplated oy this Section are to b. <br />considered as separate and distinct from any compensation determined to <br />e owed fer any "taking" of an interest in property as deter;r~ined by <br />State or federal law. <br />7. The parties will establish an advisory .__._._____n board. <br />1~ <br />