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gh B WHEREAS, the Revised Seven approximately 100 acres of land will not require the removal or historical significance;_and Mile Creek Reservoir will utilize already owned by Orange County, and destruction of any known sites of WHEREAS, the Revised Seven Mile Creek Reservoir would enable Orange County to establish significant recreational facilities on its acquired lake-front land area; and WHEREAS, the Revised Seven Mile Creek Reservoir will free the County of any obligation to own, maintain, or regulate the dam site or downstream ~, waterworks; and r WHEREAS, the Revised Seven Mile Creek Reservoir will have the capacity to make transfers to other contiguous water systems should such needs arise, thereby maintaining the political and territorial integrity of existing entities; and WHEREAS, the Revised Seven Mile Creek Reservoir is possible to construct in stages, due to the use of a roller-compacted concrete dam structure, thus giving the project a more cost-effective payback; and WHEREAS, the Revised Seven Mile Creek Reservoir will provide a safer less expensive, less time-consuming, and more dependable source of water, thus stimulating economic development in the County; and T,THEREAS, the Revised Seven Mile Creek Reservoir will have a significant ,<_; positive impact upon the Eno River, Duke Forest, and the recreational areas under superv ision by Orange County; and .WHEREAS, it is clearly in the best interest of Orange County citizens to provide a long--term water supply that will meet their needs as consumers as well as taxpayers, while insuring the protection of the environment in which they live; and NO4?, THEREFORE, the Town Board of Commissioners of the Town of Hillsborough resolves: Section 1. The Board requests the participation of Orange County (the "county") in a joint undertaking pursuant to r.C.G.5. Chapter 150A, Article 20, Part 1, with the Town of Iiillsbarough (the "Town") in the Revised Seven Mile Creek Reservoir Project (hereinafter the "Reservoir Project") more specifically described as follows: a. The Reservoir Project is proposed as a joint undertaking designed to ensure adequate water resources far the Town and its customers and to provide a recreational and environmental resource for the County. As such, the Town proposes to undertake responsibility for construction, maintenance and operation of the dam and all utility aspects of the reservoir project. It is proposed that the County be responsible far acquisition and preparation of the land necessary for the reservoir, and that the County operate and con- trol all recreational facilities and land uses appurtenant to the reservoir