Orange County NC Website
� 33 <br /> . , . . . - . <br /> purposeg, and �he �bxee o�a.ers �ri.IZ c�,raxk toge�her •�o <br /> deteraiin,e the u1�a.ma.�e v.se o� �ha xemain.3er. <br /> Tha Farties agree that tlze Gree�ae Tra�t remains a <br /> �.andfill asset. <br /> Ch.apel Hz1I, Carrboro and the Caunty (the '�Greer-ze <br /> Tract� Owners«-) will transfer to the �oun.t�� title ta that � <br /> gortio� of the Greene Tract ciescza=be.� o� Exhibit E� which <br /> � con�ains appxo�tima�ely sixty acres. The Covnty may use �he <br /> pxagerty described on �xhzbit L� for System ,purposes. Th2 <br /> . County state� its current in�ention no� to b�.x-y tni�ce�l <br /> solid waste or construction �nd demol.a.�a.an =,�as-te on an3' � <br /> portion of the Greene �act. The County � stat�-s its <br /> ' recommendatian, to future County �oti*erning Boards that th-e <br /> � County make no such buriaZ. 'i`he deed to- thi.s property �vi7.1 <br /> include a restric�i.c�n p.rol�biting the tx.se r�f t�.e 'pro�erty <br /> � descril3ed oxr Exhibit $ �oz buryix�g� mixed soZid. wa.ste or <br /> constru.ction and deutQli�z.an waste. " � . <br /> f . . <br /> The Greene Tract ovaners agree �o barga�n together in � � <br /> good faith and � with aJ.J. due diligence, and to use their � <br /> rasgective best efforts, to detexmine an ul.ti.mate use or <br /> dispositian of the- retnainder af the Greene �raat as soon <br /> � - as passible and in any event by December 31, 2001., or two <br /> years after the ef�active da�e, whicI�ever is later. Dvring <br /> this �bargaining pexiad," na Green.e Tract Owne� shal.l make <br /> an� use of �he rsmaining portio�. ot the Greene Tract <br /> withou� the consent of tre other Greene T�'act t7wnexs. <br /> .• <br /> - • The G�eene T�act Owne-ra agree tha� among �he issues <br /> �o be addxessed �.i� t�.e bargaining proCess are (lj the <br /> speaz�ic future us=as, or ranges of use, to be made of the <br /> reznainder o� the;��Green.e 'z'ract � ta.ncluding issues a� � <br /> � devotir�g di�fere��;•portions �o dif�erent uses, devot�.rzg <br /> portions �o publie � uses and the possibility at makire.g � <br /> portiax�.s avai�abla �ar �sa1e � ar priva�e � use} l an-d (2� <br /> � whether to im�ose s�eci�ic use restra.cti�ns, either <br /> through deed restrxct�.on�s or thraugh governmental <br /> � � regulatian. �`he Greene Tract �wners agree that during the � <br /> �. "bargaining period" each should provide appox�'unity for <br /> pub�.ie comment on possible or proposed uses or <br /> � , dispositions, • <br /> � - D�.iring the nbargaining period," no Greene Traet Owner <br /> - ahall (1) file any legal action or proceeding ta force any <br /> ,sa1e or 3iviskon of tha Greene Traet, or (2) enter in�o . <br /> ' any agxeetnent to sell, mortgage or �the�wise transfer all � <br /> or any gart of its ownership intexest i.�z the Greene `IYac�. <br /> 2 . <br />