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i~• <br />in either case without the. cansent of the other Greene <br />• Tract Owners. To :the extent. permitted by law, Chapel F3i11 , <br />f• agrees not to initiate any 'proceeding to rezone any <br />• portion' of the Greene Tract 'during the "bargaining <br />.• period," without the. consent of the other Greene Tract <br />.Owners . Chapel Aill 'states ' its current intent to <br />.accommodate any agreed-upon future .uses or range of uses <br />of. the. remainder of the Greene•Trac~ in its Development <br />Cade%Ordinances and states its' recomrneiadation to future <br />Chapel Hill Governing Boards to the same effect. <br />• After the. "bargaining•period." is completed, namely, <br />the day after the last day of the •b•~rgaining periad,• • no <br />• Greene Tract Owner shall (].) file ,any legal action or <br />proceeding. to force any sale or division of the .Greene <br />• Tract, ar ~ (2) enter. into any agreement' to sel~3:, mortgage <br />•or otherwise transfer•all or any'part of its ownership <br />interest in the Gfieene Tract, ~in either case without <br />giving the other Greene Tract Owners at least 60 days <br />•prior notice of such filing or entering~inta an agreement.. <br />Irt addition, after the "bargaini~ng~ period" , is completed, <br />any Greene Tract Owner may give. 60 days prior notice of <br />an . • election • to be no• longer ~ bound by the above <br />• restrictions Qertaining to 'the uses of and•whether to <br />impose use restrictions' on the'. remainder of the. Greene <br />• Tract, and such election shall .be effective at the end. of <br />the notice period.. <br />• 'The Parties .agree that any non Systetti.~ use of 'any <br />• portion of the remainder of the Greene Tract' or any <br />disposition of 'any R~ortion•af•the remainder of the Greene <br />Tract sha11 result.~,in ~iayment- to• the County of the , <br />Reimbursement Amowxt,~or deposit in the System enterprise <br />fund. •~• <br />• ,,,~ <br />4. By replacing the date~•in the first paragraph of dart <br />7~with the followi~ig: "oae month after the effective date of <br />this Agreement." <br />-5. By amending subsection (c) of the "Members; Terms" <br />-provision of Exhibit C to the Agreement to read as'follows: <br />- (e) The first year of the term of each initial member <br />. of the Advisory Board ~hall•be 'deemed tb expire ¢n June <br />30, 2001. Thereafter, each year of the term of an Ad~i.sory <br />Board member will run from' July 1 through the subsequent <br />June 30, but each. member shall continue to serve until <br />'•• such member~a successor -has been duly appointed and <br />• qualified for office, - <br />3 <br />