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duty as elected representatives of those currently residing in the Northern Transition Area." The letter also makes the point that any future communications will be in writing as well as email. Commissioner Brown made reference to the verbatim account of a meeting of the UNC- Chapel Hill Board of Trustees which states, "Mr. Purdue moves approval of the sale of approximately 62 acres of the Horace Williams satellite tract to Winmore Land Management, the purchase price being $1.25 million in the form of a promissory note secured by a purchase money deed of trust of 30% of the gross sales revenue in excess of$15 million from lot sales for the entire 129-acre development." She asked what this means. Geoffrey Gledhill said that the purchase price for this property is $1.25 million plus 30% of all gross sales revenues in excess of$15 million for the entire development. The University will get this money. The specific terms of the note are not described here, but his impression is that it is not going to be a cash deal, but by a secured deed of trust on the property to ensure that the developers pay the money when they get it. Commissioner Brown made reference to page two where it describes how the sale of State property takes place which says, "If after investigation, the Department of Administration determines that it is in the best interest of the State that the land be sold, the Department proceeds with its sale." She asked what criteria the Department of Administration is using to determine if it is in the best interest of the State. Geoffrey Gledhill said that he did not have any information about that. He thinks that it is a business judgment decision. He said that the decision by the State is based on getting the most money they can get for the property. Commissioner Brown agrees that the Chair and Vice-Chair should meet with the Chancellor of UNC-Chapel Hill. She is amazed that the University is participating in a for-profit housing venture, especially in the face of not having any respect or regard for what the land use ordinances are for the local governments. She said that the Board of Trustees of the University is not elected and the County Commissioners are, but the Board of Trustees seems to have more authority. Commissioner Brown said that she noted that the purchase agreement states, 'The agreement to set aside 50-60 single-family homes priced under $170,000 for purchase by employees of the University, UNC Healthcare Systems, and the Town of Carrboro." She said that presumably they think this is affordable housing. She asked that when they meet with the University that they ask for a definition of"affordable housing"for people in Orange County. She said that this does not address affordable housing issues for anyone working for the Town of Carrboro. Public Comments Bryan Voyce made reference to the last page of the letter from Geoffrey Gledhill and pointed out on the map all of the Horace Williams property that is owned by UNC-Chapel Hill. It is not just going to be a little village, it is going to be Winmore I, II, III, IV, and V. However, it will not be looked at as a whole. He made reference to the Joint Planning Agreement and said that the County gave up power that it had but the towns did not give up any powers. Everyone felt that annexation would occur after Joint Planning and not before. He said that when he reads the agreement, it defines the transition area and that area has been jointly agreed to and requires a joint amendment to change it. It says that we have a map, which shows that this property is in the joint planning area. He asked the County Commissioners to read the agreement for what it says —an agreement for the Joint Planning area of the Northern transition area. He asked that the plain language of the agreement hold true. He asked that, instead of accepting the opinion that has been given, that the County simply ask the towns of Chapel Hill and Carrboro if they want joint planning in this Northern Transition Area. If they do, then we should talk about what would happen if annexation occurs first. If all parties agree, the land annexed could stay in the Northern Transition Area until the map is amended. The towns will want joint planning and by asking, it can be determined if this is true. He said that the opinion talks about the rights of the residents who are annexed. He said that the people here do not live in Winmore, they are surrounding Winmore (there were 35 people in the audience in support of Mr. Voyce). When the property is annexed, they will be hanging in the wind. He urged Chair Jacobs to write another letter to Carrboro or to call them and ask them if joint planning is really what they want. Kim Fouse lives in the Northern Transition area. She is surprised that something like this could undo the six-year long process of joint planning. She asked that the County Commissioners have a public hearing on the text amendments that were passed by Carrboro for the village mixed use.