Agenda - 01-26-2012 - 3 - Laserfiche WebLink

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. 12 , : � . . - 5. �he Grast�.a Tract wa.11 remain a i�.at�si asset. Sixty acres o� the P,reane �ract �rill be resarved fo�c salid waste mauageme�.t • �uxposes. and�the fihrae owner� wi�l waz-k togethar to detexmine "tiie ul�ima.te use of t�is �emaindar-. The Parties 'agree t1�at the Greene Tract re�nains a landfill asset. -Chapel Hill, Carrboro and tha County (the "Greene Tract Ownerstt) � will. txansfsr 'to �he �County title to tha� partion of the Greene :.'rac�, descxibed on �xhi}�it �, �r,rhich contain�s appro�cin�tely sixty acres_.. The ' Co,�nty may use the gzogerty describecl. an ��ibit � for Syetem puspnses. The Conn.ty states its •current inten�ion .not to bvxy mixed solid waste or construction and denwlztion waste ou'any portion of the Greene Tzact. �he Cot+.�ty states ite recommendation to �u�u.ze Covnty ' ��m.�.gg g-aards that the Covnty ma�e no such �urial. The deed ta this pxo�erty zar'i3.7.' inalude ra' res+�ra�c�ion prohibiting th� use of the propes�y desczibed on �i.}�itt F for �vxying mixed sola..d waste or• co�,struction and demoliti.on waste s' This restrietio�a beaomes effeative �tt the same ti�.ie �hat the zoning cha.nga dascribed in the n�c� paragraph i.s effsc�ive, , nnd it wi11 remain �=fective so l.ong as yo��cg xemains effect�ve which a1l.ows so�id .was�e manage�en� uses, other tfian bvrial. ot mixed solid waste or construc�ion �a ae�,oi��on wa.ster as perrnittec3 uses as described in the next paragraph. Chapel H3.1J. agrees to commenCe, a.�d states its cu�ent intent to complete. �he . prooess to make- Solid waste managemexit uses no� in�lud�.n.g b.urial of 'mixad so�.id waste or construata,an and deznoli�ion waste, but express7.y includi_ng, b�st not limited to, a salid waste transfer facility and a matexials recovery �aoility; ��es o� the � �xhibit F; px'ogerty "permittad" uses vnder T?he Chapel Iizll Devel.opment Cou:e/ordinance, subjeat o�niy to staff lev'el si�e plan aszd aimilas . re�iews a.r�d not subject to special use or similar processes. Chapel Hill a�rees to provide the otTier Parti.es- with a plan, inalncla.ng a plaruied schedule of reviews and • appxovals, � ta process the zoning • , change descxzbed ixa, thzs paxagraph. . Ti�.e Pax�ties agree tha-t nothinJ that they have agzeed �o herein constztutes an agxeement ozs. the part of ChaPel T3211 tp zane the �u�ibit E property �n� a. paxti�ulax vraY. It is i.nstead, an agreement that if ti�.e �ibit � property is zo�ed s not�zoned in. a particular wi�l fol.low and if tha �it E px'opexty �- way anot.her event wi].i follaw. • � Tha- Gree.ne Tract Owners agree �o bargain together in �good faith and with al�. due diligenCe, and to use their r�spective best ef�orts, to determine an. ulta�mate use or disposition a� the remainder of �.he Greene Tract as soon as possible ' a�zd in any event by December 31, 2p0I; or two years atter tY�e effective dater whichever is later. During this '�baxgaining period," no Gree�e Traat Owner shall make any use of the remai�-ing portian of the Greene Traat without the consent of the other Greene 2xaet Owners. . . 8 •