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2 <br /> In 2006, the four local governments signed an interlocal agreement for the acquisition and <br /> planning of the planned Hollow Rock Access Area, and also established a Hollow Rock Master <br /> Plan Committee, co-chaired by Commissioner Barry Jacobs and including then-Commissioner <br /> Alice Gordon. The master plan was adopted by each of the four local government partners in <br /> 2009-10. Orange County adopted the plan on April 20, 2010. <br /> Construction of the initial public amenities for the Hollow Rock Access Area will occur in 2015 <br /> with help from a $200,000 NC Recreational Trails Program grant awarded to Durham County in <br /> collaboration with Orange County. Orange County's share of this Phase la construction is <br /> $50,000 from the adopted 2014-19 Capital Investment Plan (CIP). The CIP identifies an <br /> additional $120,500 from Orange County for Phase 1 b construction in 2016-17. A phasing plan <br /> for development of the site is provided as Attachment 4. <br /> DEAPR has worked closely with the Durham County staff to develop a draft interlocal <br /> agreement for the development and operation of the Hollow Rock portion of the larger New <br /> Hope Preserve. The draft agreement describes the property ownership, existing encumbrances <br /> (conservation easements), and allowed uses consistent with the adopted master plan. The <br /> agreement also addresses how the parties would share in the cost of future improvements, the <br /> operation and maintenance of the site, and development of a joint management plan. <br /> The draft interlocal agreement also suggests changing the name of this property from the <br /> "Hollow Rock Access Area", a placeholder name from the 1992 New Hope Creek Master Plan, <br /> to the "Hollow Rock Park and Natural Area". <br /> FINANCIAL IMPACT: There is no financial impact associated with consideration of the draft <br /> interlocal agreement; however the agreement does specify options for how the local <br /> governments would share in the costs of future improvements to the site, as well as for the <br /> operation and maintenance of the site. Decisions for actual costs associated with the <br /> construction, operation and maintenance of the future Hollow Rock Park and Natural Area will <br /> be made in separate actions by the Board. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) receive the draft interlocal agreement for the development and operation of the Hollow <br /> Rock Park and Natural Area; and <br /> 2) refer the draft interlocal agreement to the Durham-Chapel Hill-Orange County Work <br /> Group for consideration at its March 11 meeting before the agreement comes back to the <br /> Board at a future meeting for further discussion and action. <br />