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3 <br /> WHEREAS, the Revised Seven Mile Creek Reservoir will utilize <br /> approximately 100 acres of land already owned by Orange County, and <br /> will not require the removal or destruction of any known sites of <br /> historical significance; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir would enable Orange <br /> County to establish significant recreational facilities on its acquired <br /> lake-front land area; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir will free the County <br /> of any obligation to own, maintain, or regulate the dam site or downstream <br /> waterworks; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir will have the capacity <br /> to make transfers to other contiguous water systems should such needs <br /> arise, thereby maintaining the political and territorial integrity of <br /> existing entities; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir is possible to <br /> construct in stages, due to the use of a roller-compacted concrete dam <br /> structure, thus giving the project a more cost-effective payback; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir will provide a safer <br /> less expensive, less time-consuming, and more dependable source of water, <br /> thus stimulating economic development in the County; and <br /> WHEREAS, the Revised Seven Mile Creek Reservoir will have a significant <br /> positive impact upon the Eno River, Duke Forest, and the recreational areas <br /> under supervision by Orange County; and <br /> WHEREAS, it is clearly in the best interest of Orange County citizens <br /> to provide a long-term water supply that will meet their needs as consumers <br /> as well as taxpayers, while insuring the protection of the environment in <br /> which they live; and <br /> NOW, THEREFORE, the Town Board of Commissioners of the Town of <br /> Hillsborough resolves: <br /> Section 1. The Board requests the participation of Orange County (the <br /> "County") in a joint undertaking pursuant to N.C.G.S. Chapter 160A, Article <br /> 20, Part 1, with the Town of Hillsborough (the "Town") in the Revised Seven <br /> Mile Creek Reservoir Project (hereinafter the "Reservoir Project") more <br /> specifically described as follows: <br /> a. The Reservoir Project is proposed as a joint undertaking designed <br /> to ensure adequate water resources for the Town and its customers and to <br /> provide a recreational and environmental resource for the County. As such, <br /> the Town proposes to undertake responsibility for construction, maintenance <br /> and operation of the dam and all utility aspects of the reservoir project. <br /> It is proposed that the County be responsible for acquisition and preparation <br /> of the land necessary for the reservoir, and that the County operate and con- <br /> trol all recreational facilities and land uses appurtenant to the reservoir <br />