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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />1 <br />Action Agenda <br />Item No. /A.,d <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 1, 1998 <br />SUBJECT: Affordable Housing -Land Trust Implementation Task Force Report <br />DEPARTMENT: Housing and Community Development PUBLIC HEARING: (Y/l~ No <br />BUDGET AMENDMENT: (Y/N) IVY <br />ATTACHMENT(S): <br />Report <br />INFORMATION CONTACT: <br />Tara L. Fikes <br />TELEPHONE NUMBERS: - -ext. 2490 <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 227-2031 <br />PURPOSE: <br />To approve the Land Trust Implementation Task Force's recommendation for implementing a <br />community land trust in Orange County. <br />BACKGROUND: <br />The. Land .Trust Implementation Task Force was formed in December .1996 by the Chapel Hill <br />Town Council and has been meeting since November 1997 to determine how a land trust could be <br />established in Orange County. The Committee consists of residents of Chapel Hill, Carrboro, and <br />Orange County. After much deliberation as well as technical assistance from the Institute for <br />Community Economics, anon-profit organization that provides on-going assistance to new and <br />existing organizations free of charge, the Task Force has developed its recommendation for a <br />County-wide land trust. <br />In summary, the group recommends that a 501 (c)(3) non-profit organization should be created that <br />would contract with the Orange Community Housing Corporation to serve as administrator of the <br />land trust. This organization would not have an independent paid staff, but a Board of Directors to <br />develop policy and procedures for the land trust and seek new opportunities for the land trust. <br />This report has been presented to the Chapel Hill Town Council and the Carrboro Board of <br />Alderman which have accepted the recommendations of the Task Force as detailed on page 6 of the <br />report. The Task Force Report will be presented to the BOCC by Alison Weiner, Implementation <br />Task Force Chair. <br />RECOMMENDATION(S): <br />The Manager recommends approving the recommendations of the Land Trust Implementation Task <br />Force regarding the implementation of a community land trust in Orange County. <br />