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' 75 <br /> . • <br /> _,R.. - — � _ _ . ._ _. . • - . <br /> ` � • in. exther case withaut the conseat af' the other Gre�e- . <br /> Tract� �rners. To the exteat. permitted. by law. • Chapel Hill <br /> aegrees nrat to iaiCiate aziy proceeding to rezaae aay ' <br /> - _porti.oa of _ the Greeae TracC dwriag� the "�+s,-�;�;„� <br /> � period,� without th� canseat of 'the oth,�s Gteene T�c • <br /> ' .Owaers. � Chapel Sill states its- curreat iatent to • <br /> accom�nodate aay agreed-v.poa future usea or ra.age- of uees <br /> of the remainder • o� the Greeue . Tract in its Develop�t <br /> - • Code/ ;*+an�ea� aad stateB ite reco�aenda.ti.oa to fitture <br /> Chapel� Hill Gov+�rai.a� Soa�cds to the same ef f eCt. <br /> � • After the `bar5ainiaJ Period"' iB coug�leted� aamely► <br /> . • the',day a.�ter the laet day- of the. ba�r5a'�� Pet�i.od, t�,o <br /> ' c�reeae T=act Owa.er� �haa,l (ly � file aay ' legal actioa or <br /> proceedf.ag. to force anZr , sale or diviaioa of the Greeae <br /> � . . Tract, or (Z� en�er into _aa.y- agreemeat ta sell, moitgage . <br /> . � ' � or other�ise �ransfer a1]. cr a�"part 'ot �,te o�nerehip <br /> � ' interest� ui the . t3reeae� Tract, ia either case wf thout <br /> � givi�g the o�her Greeae Tract Owaere at leas� 60 days� <br /> ' , prior natice �f such filiag ar eater�i.mg 3.tito an �greemP++t. � ' <br /> • Ia addit�ion, after the ��,�,�,�*+�{� •period" is� cortnpleted, <br /> ' . axty' Greeae, Tract iDwaer ma.y give 60 days� priar aotice af - <br /> ' ax�, elect�on ta be ao longer bauad by the ' �above <br /> restrictiaas perta�ing to tb.e us�B of and whether to . <br /> impose use restrictiaa.e'� oa t�e x�emaiade� af the Greeae <br /> . ' . �'ra.ct, a�ad such election aha1,1 be effect�.ve at the ead o� <br /> ' the aotiee period. • . ' � • <br /> . , The Parties agree th�t,t axry aon Syste�a wse of aaay <br /> . • pcart�.oa of t,he re�:�.a,d,er of•the Qreea.e Tract o= any . <br /> . �. ' . dispoeitioa af any '�ortion.ot the semaiade� of the C#reeae <br /> � Tract sha11 i-esult' paymeat• to the Cou��y of. the � � <br /> � Keimbursemea� Am�far deposit ia the .Systern en�erprise <br /> ' • �wnd. ..;;� • . <br /> � � r �O • � <br /> : _4. By seplaci�g:the �ate fu the �irst Para3ragh of Fast � <br /> 7 �rith the.�ollo�riaag: `oa� maath after t,he aff�ctive date•of <br /> . t1aiB ��a.t." . - <br /> . 5• BY' ameadiag svhsectioa (cy af the "I�embers= Ter��• <br /> � provi.sion a� Sahibit C to the Agse t to rea� ae. foll : � <br /> - � . (e? The first �rear of the tex�an of each initfal member <br /> • of •the Adviaory Boasd .ehal,l be to expire aa. J'tute � <br /> � 30, Z001. �reaf�kp.r, ea.ch year of the tettn of aa. Actv�i.soiy <br /> ' Soard metnbe� arill � from �ly 1 tbroug�. the �sequent <br /> . J'u�ae 3Q� but each member sha11 coatiaue to sezve ua�il <br /> such member�s successor bas been duly apgain.ted ar�.d <br /> • qualified for office, <br />