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The only historical area that is recommended in this year's action plan is the Faucette Mill area, which is along Eno River. Chatwood is a landmark there. This is an area for potential protection. Rich Shaw said that he met with some of the landowners in this area about potential conservation easements. This corridor has a lot of potential for protection. The next category is riparian buffers. Orange County jointly applied for funds from the State, the Clean Water Management Trust Fund, to try and put some permanent protection on the riparian buffer along the Eno River and down into Seven Mile Creek. The request was for $1 million with a $300,000 match from the County. He made reference to the Adams Tract and turned it over to David Stancil. David Stancil said that this property is about 29 acres in the heart of Carrboro. The Town of Carrboro made a request that the County participate and help to provide matching funds for a grant application that they had submitted to the Clean Water Management Trust Fund. This has been supplemented with another request asking that the County consider using the monies that were identified for Carrboro greenways in the 2001 bond referendum towards the purpose of acquiring this site for open space and greenways. A memo from David Stancil is included that outlines the site. There are two possible ways of addressing this acquisition. One would be to agree to provide for monies in the bond sales in this current fiscal year. Currently, $400,000 has been identified for greenways bonds. One option would be to utilize this and future years' funding toward the $750,000 maximum to be appropriated with the understanding that the Town would match any remaining amounts of the purchase of the property. The second approach would be to provide some of the acquisition costs, but ask the Town to repay 50% of the County's match over a period of time. The property was appraised at $1.35 million. Also, part of the Bolin Creek Natural Area occurs on the northern third of the property. Chair Jacobs asked about a connector road. David Stancil said that there has been talk in the past about a connector road through the property. In looking at the Town's most recent request, they are proposing to use the property for open space protection and greenways. Commissioner Brown made reference to the Adams Tract and said that it was her understanding that the greenway has always been slated to go along the OWASA easement. She is confused as to why Carrboro would say it could be on the other side. David Stancil said that he asked Carrboro how firm the line was and they indicated that it was just a line on a map at this point and could be moved. Commissioner Brown said that it was not a line on a map because this OWASA easement is being used heavily as a greenway right now. Also, she thought that the bond money was specifically to be used for the construction of greenways. She does not remember what was told to the public exactly. She thinks that this should go out to public hearing before using the greenway bond for this. She does not want to mislead the public. Commissioner Carey suggested not having a public hearing until an opinion from the County Attorney is received about the language in the bond referendum. He thinks Carrboro also admits that their request is for open space and not completely for greenways. Commissioner Brown asked about the ownership of the property. David Stancil said that the party that is not the owner would hold the conservation easement. One stipulation of the County's participation could be a conservation easement on the site that prohibits other activities other than what has been mentioned in the most recent request from Carrboro. John Link said that one question is whether the Adams Tract is worth preserving. If so, under what conditions is the County willing to participate in the acquisition? He would be surprised if the language in the bond referendum prevents the County from doing this. The language for the bonds is very general. Commissioner Carey said that this property is definitely worth preserving. He would like to hear other options of financing this piece besides bond money. He thinks Carrboro should put something into it too.