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4, <br /> 2_ To complement growth managerpent objectives, land use <br /> plans artd annexation plans in existing agreements, such as <br /> the Orange County-Chapel 1--C=boro Joint Pmt-ing <br /> Agreement and Joint Planning Area Land Use Plan <br /> I. - To resolve in advance and preclude future conflicts abort <br /> future service areas and annexation areas. <br /> 4. To provide for predictable lord-range water a nd sewer <br /> capiW'improvement planning and financing. <br /> 5. To provide for limitations on Water and. sewer service in <br /> certain areas, as defined. <br /> { <br /> A. Effective Date of the Agreement <br /> This agregment shall become effective upon execution <br /> by all of the parties.and signatur-6 by the eWef elected or <br /> appoi nted.offi cial. <br /> R Term of Agreement <br /> This agreement shall rernak in effete for ten (la) years from its <br /> execution, and shall be renewable as provided in the following <br /> subsection. <br /> C. Procedure far renewal <br /> At the end of each ten year terra, the agreement shall renew <br /> automatically, unless written notice is provided of intent to <br /> withdraw as noted in subsection E below. <br /> D. Procedure for proposing and acting on changes in <br /> agreement including bound*iries <br /> 1. Any,change to 1:he agreement (including <br /> boundaries) requires approval of all pattics to the . <br /> agreement. <br /> 2 <br />