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2 <br /> the capacity available to do so when that new development applies for service. If the modified <br /> agreement is signed, Orange County would have a defined allocation from Mebane. Being able <br /> to report to potential developers that Orange County has a defined allocation puts the County in <br /> a stronger position to recruit development to the Buckhorn Economic Development District <br /> (EDD) and Commercial Industrial Transition Activity Node (CITAN) areas. New state <br /> annexation law references are also added for agreement congruity. <br /> FINANCIAL IMPACT: Entering into this agreement would reserve 250,000 gallons per day of <br /> capacity in the Mebane water and sewer system at a cost of $50,000 per year for a period of 10 <br /> years. This annual cost would be reduced as the reserved capacity in the Mebane system is <br /> allocated to new customers in the areas served. <br /> RECOMMENDATION(S): The Manager recommends the Board approve this amended <br /> agreement and authorize the Chair to sign on behalf of Orange County. <br />