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3 <br />INTERLOCAL COOPERATION AGREEMENT <br />FOR THE PIEDMONT FOOD & AGRICULTURAL PROCESSING CENTER <br />BY AND AMONG <br />THE COUNTY OF ALAMANCE, THE COUNTY OF CHATHAM, THE COUNTY OF <br />DURHAM, and THE COUNTY OF ORANGE <br />THIS INTERLOCAL COOPERATION AGREEMENT is made and entered into this the <br />day of , 2010, by and among the COUNTY of ALAMANCE, a political <br />subdivision of the State of North Carolina (hereinafter referred to as "Alamance County"), the <br />COUNTY of CHATHAM, a political subdivision of the State of North Carolina, (hereinafter <br />referred to as "Chatham County"), the COUNTY of DURHAM, a political subdivision of the <br />State of North Carolina, (hereinafter referred to as "Durham County"), and the COUNTY of <br />ORANGE, a political subdivision of the State of North Carolina, (hereinafter referred to as <br />"Orange County"); (each county may be referred to herCin as a "Party" and collectively <br />"Parties".) This Agreement is made as an Interlocal ~ oopcration Agreement pursuant to Part I, <br />Article 20 of Chapter 160A of the General Statutes of North ('~n-c~lina. <br />WITNESSETH: <br />WHEREAS, Alamance County, Chatham County, Durh~». County, and Orange County <br />jointly funded a feasibility study for a regional value-added, shared-use, food and agricultural <br />processing center which was completed in November 2007; and <br />WHEREAS, the Boards of County Commissioners of the Parties agreed by respective <br />county resolutions to authorize Orange County to act as fiscal agent and engage in grant <br />development for a regional ~ al ue.-added, shared-use, food and agricultural processing center, <br />referred to as the Piedmont l=oud algid Agricultural Processing Center, (hereinafter referred to as <br />"Center"); and <br />WHEREAS, Orange County agreed to dedicate the facility at 500 Valley Forge Road to <br />the Center, with compensation to be mutually agreed upon by the Parties prior to its opening for <br />operation; and <br />WHEREAS, grants totaling $1.098 million have been committed to this project as of <br />August 11, 2009 by the NC Agricultural Development and Farmland Preservation Trust Fund <br />(NCADFP), the Golden Leaf Foundation, the Tobacco Trust Fund, and the US Housing and <br />Urban Development Economic Development Initiative; and <br />WHEREAS, pursuant to NCGS 158-7.1 the Parties hereto are authorized to make <br />appropriations for the purpose of increasing the agricultural industries of any city or county; and <br />WHEREAS, pursuant to NCGS 158-7.4 and Article 20 of Chapter 160A of the General <br />Statutes of North Carolina, the Parties hereto are authorized to enter into this Interlocal <br />Agreement for economic development purposes. This Agreement shall set forth their respective <br />participation, obligations, and rights related to the development and operation of the Center, <br />1 of 9 <br />