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held. In 2001-2002, a series of meetings were held with elected officials and staff, and the group adapted a resolution that 18 acres of the 104 should be earmarked for future affordable housing purposes, and 86 acres should remain as open space protected by conservation easements. There was same discussion about how the formal recording of the conservation easement by all three jurisdictions would become the triggering mechanism for the reimbursement to the Solid Waste Enterprise Fund based on the proportional shares of ownership of the property. One consideration is when the conservation easements are implemented, that the reimbursement could be made to the fund over some period of time or as a lump sum. The landfill will reach capacity in 2010, so the County will have to move to a transfer station operation by then and the reimbursement would help a lot in this operation. Since 2005, the staff has had conversations with representatives of the Triangle Land Conservancy about their potential interest in holding 4t" party conservation easements on the 86 acres. TLC also expressed interest in having the County's 60 acres also being placed into conservation. The formal position being taken by the board of directors of TLC is that it supports TLC's participation in the Greene Tract transaction conditional upon the parties placing conservation easements on the jointly owned parcel or agree to give up development rights to the parcels. Secondly, Orange County is to agree to place its contiguous parcel into conservation either through an easement or through enrollment into the Land's Legacy program. Finally, that the government entities cover all the transaction and stewardship costs related to maintaining those 86 acres in open space under conservation easements. Mayor Chilton asked far an update from Chapel Hill an the small area planning process. Bill Strom said that he is a council representative an the Greene TractlRogers Road Small Area Planning effort, and they have been working with staff and maps. This group is trying to set dates to meet with representatives from each jurisdiction that will be involved in the process. He said that the Greene Tract/Rogers Road SAP group should have a plan for the area in close to a year. Mayor Foy said that the major issue for Chapel Hill and Carrboro is money and they should try to have a plan by budget time if they are going to do anything this fiscal year. Chair Jacobs said that the Board of Commissioners wanted to raise the flag, but the Managers have talked about payment over a number of years. Commissioner Carey asked about the triggering mechanism and Bill Strom said that having certainty about the 60 acres is very important in planning the 18 acres for affordable hauling. He spoke for himself and said that in 2002 they agreed on the 104 acres, but also the County Commissioners expressed a preference to preserve the 60 acres. Commissioner Carey wants to know who has responsibility for payback to the enterprise fund. Rod Visser said that the interlocal agreement is silent on the point of exactly when the reimbursement would take place. His view is that all three boards could amend the agreement to be specific an the payback period. Jaal Hall Broun suggested amending the agreement to be clear about the triggering mechanism. She is mare interested in the affordable housing component. Chair Jacobs suggested waiting until after the solid waste plan discussions in October when there will be mare definite numbers on fulfilling that plan. Regarding the 60 acres, the staff has proposed a Lands Legacy Land Trust. This would be a cast savings and would not involve another partner. The Board of Commissioners has not had this discussion yet. The parties can keep working on this and there is another AOG meeting in February. Mayor Foy emphasized that athree-year payback period would be too hard for them and a five-year payback period would be significant. He encouraged everyone to make a commitment to start paying back the fund this year. Chair Jacobs pointed out that right around the time that this agreement was made, the Governor sequestered local funds and everyone was having trouble paying far things. He