Orange County NC Website
file any legal action or <br />proceeding to force any sale or division of the Greene Tract, aff ARA any P Dr —W enter into <br />any agreement to sell, mortgage or otherwise transfer all or any part of its ownership interest in the <br />Greene Tract, in either case without the consent of the other Greene Tract Owners. To the <br />extent permitted by law• Chapel Ail agrees not to initiate any proceeding to rezone 4withe <br />giving the Aer- ev.-aes at least 60 days' prior. netiee ef gush filing er- entefing into em agreement. <br />Y. - shaH apply - - -- - any portion • the - 1 - <br />R-e�4unement Ameui# te the County fer- deposit in the,System enterprise fimd3 a-ad (3) then te <br />V_ <br />Greene the Geunty; and 1494 fer- Gaffber-e.> prior to-J& 1, 2001, ydthout the consent of the other <br />Owners, <br />4N944ag in this Agreement shaU er- doe&-effeet any ehange in the s We of the fide to the <br />Gfeene TFaet. On or after July 1, 2001,no Greene Tract Owner shall (1) Me any legal action <br />or proceeding 1 force any or division of Greene - - ' _ or enter ' <br />agreement to sell, mortgage or othenvise transfer all or any part of its ownership interest in <br />the Greene Tract in either case without giving the other Greene Tract Owners at least 60 <br />dWI prior notice of such flling or enteriniinto-an affoment, - In addition, on or after July 1 <br />2001, any Greene Tract Owner may J 60 da3l, I M I notice 1 an election to be no longer <br />bound by the restrictions of this Part 5, and su election shall be effective at the end of the <br />notice period, <br />6. The County will finance community benefits from <br />System funds to the extent legally permissible. <br />The Parties will cooperate to provide public benefits to the community of residents and <br />property owners in the neighborhood of the existing landfill. <br />The Parties note the expected forthcoming report of the <br />Landfill Commun4 Benefits Committee that has been studying the. question of community <br />benefits. Upon the release of the report, each Party shall provide for its Governing Board to discuss <br />the worldng group's proposal for community benefits, and shall provide for such legal and other <br />staff analysis of the proposed list as it may deem appropriate (especially including legal analysis <br />concerning the use of System funds to pay the costs of such benefits). After each Party has <br />completed its own analysis, the Parties shall work together, diligently and in good faith, to reach an <br />agreement as to community benefits to be provided. The process of determining community <br />benefits shall continue to include participation by persons belonging to the relevant community. <br />Final determinations of the public benefits to be provided, the sources of financing and the <br />Draft of June 1, 1999 /Blacklined from May 10, Page 8 <br />