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2 <br /> 1. The 104 acre tract should remain as open space to be protected by conservation <br /> easements. <br /> 2. Joint affordable housing could be planned for 18.1 acres and the remaining 85.9 acres <br /> would remain joint open space. <br /> 3. That acreage for affordable housing could be placed in the Land Trust. <br /> 4. CHCCS requested that part of the Greene Tract be reserved for a future elementary <br /> school site. <br /> 5. Rename the property to recognize headwaters of Bolin Creek, Booker Creek and Old <br /> Field Creek <br /> As a result of the Interlocal Agreement, 60 acres of the Green Tract was conveyed to Orange <br /> County for "solid waste management purposes". The Agreement further included a repayment <br /> mechanism to the Solid Waste Enterprise Fund, if the Green Tract were used for purposes other <br /> than solid waste. In October 2007 there was consensus that the financial reimbursement to the <br /> Solid Waste Fund would begin on July 1, 2008. Attachment C is a reimbursement schedule and <br /> payment history for the 104 acres jointly owned that was agreed to by Orange County, Chapel <br /> Hill and Carrboro. <br /> FINANCIAL IMPACT: There is no financial impact associated with the discussion of future <br /> options for the 104 acres of the Greene Tract. <br /> RECOMMENDATION(S): The County Manager recommends that the Boards receive the <br /> historical information and discuss options for the 104 acres of the Greene Tract jointly owned by <br /> Orange County, Chapel Hill, and Carrboro. <br />