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5-6-08 Draft <br />Changes are Italicized and Explanations are in Bold <br />STATE OF NORTH CAROLINA <br />COUNTY OF ORANGE INTERLOCAL AGREEMENT <br />and FOR THE OPERATION AND <br />MAINTENANCE OF <br />COUNTY OF DURHAM LITTLE RIVER REGIONAL PARK <br /> <br />This INTERLOCAL AGREEMENT, is hereby made and entered into this the 1st day of <br />July, 2008, by and between ORANGE COUNTY, hereinafter referred to as "Orange County," <br />and DURHAM COL7NTY, hereinafter referred to as "Durham County," pursuant to N.C. Gen. <br />Statute 160A-460 et seq., and other applicable laws. <br />WITNESSETH: <br />WHEREAS, Orange County and Durham County own certain adjacent property known <br />collectively as Little River Regional Park and Natural Area, (hereinafter referred to as "Park"), <br />of which 136 acres are located in Orange County and 255 acres are located in Durham County, a <br />map of which property is attached hereto as Exhibit A; and <br />WHEREAS, Orange County and Durham County have agreed to make the Park available <br />for low-impact outdoor recreational purposes, including picnic areas, play meadows, nature <br />study, walking trails, and other recreational uses; and <br />WHEREAS, Orange County and Durham County have agreed to monitor and protect <br />sensitive natural and cultural resources known to exist on the Park property; and <br />WHEREAS, Orange County and Durham County desire to share revenues and. expenses <br />equally for the joint use and mutual benefit of the citizens of both counties; and <br />WHEREAS, Orange County and Durham County agree that Orange County should <br />operate and maintain the park to the mutual benefit of citizens of both counties during the term <br />of this Agreement and any subsequent extended term thereof, pursuant to N.C. Gen. Statute <br />160A-355, N.C. Gen. Statute 160A-460 et seq., and other applicable law. <br />NOW, THEREFORE, in consideration of the mutual covenants, promises and agreements <br />contain herein, the parties hereto agree as follows: <br />I. General <br />1. Park Name. The official name of the Park shall be "Little River Regional Park and Natural <br />Area." Orange County will install a prominent sign, consistent with Orange County zoning <br />regulations, at the entrance to the park indicating that name as approved by both counties and <br />