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Stone Quarry Update <br /> February 29, 1996 <br /> Page 2 <br /> Need for the Project <br /> OWASA's current raw water supplies at University Lake, Cane Creek, and existing Quarry <br /> Reservoir are expected to meet average day demands through the year 2015 or 2020. The <br /> proposed quarry expansion would offer additional capacity to store up to 3 billion gallons of <br /> surplus Cane Creek water that would otherwise spill over the dam during wet weather, and <br /> provide an important backup during times of extreme drought or emergency conditions <br /> elsewhere in the supply system. Statistical calculations indicate that this additional capacity <br /> would also increase the combined safe yield of OWASA's existing raw water sources by 20 to 25 <br /> percent,possibly deferring long term dependence on Jordan Lake. <br /> If necessary approvals are not obtained to expand the quarry, OWASA's agreement with <br /> American Stone will become void, leaving the Authority with no rights to the quarry pit except <br /> through direct purchase or eminent domain, which would cost the community many millions of <br /> dollars more than the presently pending agreement. <br /> Next Steps? <br /> OWASA stands ready to present its water resource information, as well as a third-party technical <br /> analysis of the effects of American Stone's quarrying operations on nearby residents, to any of <br /> the local boards during their review of this proposal. <br /> It is our understanding that no further movement can occur until the Carrboro Board of <br /> Aldermen, Chapel Hill Town Council, and Orange County Board of Commissioners act on the <br /> pending amendments to the Joint Planning Area Land Use Plan. <br /> . 1L•/ <br /> Barry Jaco#11 Chian <br /> Board of Directo <br /> cc: Everett Billingsley <br />