Agenda - 12-06-2012 - 3 - Laserfiche WebLink

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- - 86 Another student spoke about the finances. She said that they need$25,000 every year in order to reach their goal of one home each year. The grant from the AAMC runs out in 2004. Over three years,they are short$58,500. They are asking for a one-time supplement to the AAMC grarrt in the amour�t of$58,500. This will allow the creation of a permanent endowment to support annual home construc#ion. Their goal is to raise$500,000 for a SH�4C Heaffih for Habitat endowmerit by the year 2005. This money will be placed at the North Carotina Medical Foundation. At a rate of 5%interest,this will accrue$25,000 annually,which is what is required to build one home each year. This is a onefime request for funds. Chair Jacobs said that if was great to see students that are committed to the community. Commissioner Brown asked that Housing and Community Development Director Tara Fkes review any proposats from SHAC. Commissioner Carey said that this would be the next step,for fihem to put the proposal in wrfing. One of the students introduced the faculty adv�sors. b. Reco4nifiion of Countv Particiaation in the Caue Fear River Assemblv The Board received a special presentation of a plaque recognizing the County's participation in the Cape Fear River Assembfy. � Dave Stancil said that last year the County joined the Cape Fear River Assembiy. It is an organ'¢ation of over 400 members and has a Board of Directors. The charge of the group is to address qualiiy of life and water quatity issues in the Cape Fear basin. He introduced Executive Director pon Freeman. Don Freemen presented a plaque to the County and distributed bumper stickers. He is a former student and resident of Orange Courity. He said that they have recently received$500,000 from the North Carolina Attorney General's office for environmental enhancement purposes. They intend to accomplish continued availabitity of water for their use and for healthy ecosystems. He said that we cannot take water for granted. He heard at a drought meeting that it takes 50 inches of rainfall to result in one inch of groundwater. He recognized Orange Count�s leadership and comm'itmenf to proper resource management He thanked Chair Jacobs for his participation on the Boarct of Directors. Don Freeman said that 27%of North Carolina's population is within the ' Cape Fear River Basin. It exEends from Greensboro down to Wilmington. Commissioner Brown said that our County is the headwaters for both the Neuse and the Cape Fear Basin and we are very cogn'izant of this fact Working together with the other counties is very important _. , c. .�oinmenaations from the Greene.Tract Work Group — ..__.._...-_....�...,..._ TFie�oard received a report from the Greene Tract Work Group regarding their recommendations to the goveming boards of Orange County and the Towns of Carrboro and Chapel Hill regarding the disposition of the 104 acres of the Greene Tract that remain in joint ownership. Assistant County Manager Rod Vsser said that the Greene Tract Group has been working for a year. Orange County,Chapel Hill, and Carrboro are the joint owners of 104 acres of the Greene Tract The remainder of the properfy is currently a tandfill asset. The group had seven or eight meetings including a public input meeting. The woric group has approved a resolution,which lays out the recommendations. The main points include that 85 acres be held in open space pratected by conservation easernents and thaf 18 acres be eatmarked far affordable housing to be placed in a land firi�st The main factor that affected the decision about affordable housing was related to the capac'ity of the land to carry development thaf would be necessary for affordable housing. There was a lot of discussion about how sewer tines coufd be developed to serve the developmerit. Commissioner Carey chaired the work group and said that this is one of the most studied pieces of land in all of Orange County. He thinks that the resolution and the concept plan achieve the charge and the group shoutd be commended as well as the staff. A motion was made by Commissioner Carey,secanded by Commissioner Brown to approve and authorize the Chair to sign the resolution. Commissioner Gordon asked about the second to the last paragraph and if this means reimbursement . for the open space and the f�ousing area. � . Rod vsser said that fhere is a fair amount of latitude that the local govemmerits have on the timefine of the reimbursement He does not have a direct answer to this question. Commissioner Carey said there is no answer to this question, and that is why they asked.the managers to work on this and bring some recommendations back. Commissioner Gordon said that the housing area would have to be paid for whenever it is used for housing. She asked if the whole 18 acres had to be paid foc She asked about the following paragraph,which is about reimbursement of the Solid Waste Landfill Enterprise Fund for the portions of the site designated for affordable F►ousing and open space. She asked which options this was tatking about: Rod Vsser said that there might be other options besides just the local govemments coming up with their own general fund money. There may be some grant opportunities or other options.