Agenda - 10-09-2002 - C.2 - Laserfiche WebLink

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0 0 8 . . The second sentence in Section 1.3.B of the Joint Planning Agreement states: "Subject to termination provisions of this Agreement, annexation provisions of this Agreement shall be valid for not more than 20 years and may be thereafter renewed."• The provI1ons will expire in July 2008 if they are not renewed. The Jolni Planning Agreement itself, however, is not tme-Iimited. According to Section 1.x,8, the Joint Planning Agreement itself "shill remain in effect until terminated by mutual agreement or by uri#hdramil of any party! The proposed amendment to the Joint Planning Agreement would extend the annexation provisiona of the Agreement 20 years beyond the initial expiratian date of these provisicns of 2006. A draft resolution authorizing the signing of an addendum to the Joint PIannng Agreement is attached to this memorandum. FINANCIAL IMPACT: None. • RECOMMENDATION(S): We recommend approval of the proposed addendum to the Joint Planning Agreement_ Following conclusion of the public hearing, the matter should be referred to the Planning Boards of the towns of Chapel Hill and Carrboro for a recommendation to the Chapel Hill Town Council and Carrboro Beard of Aldermen, respectively. Actcns by the Chapel Hill Town COlbi n 11 and Carbom Board of Aldermen should then be referred to the Orange County Planning Board for a recommendation to the Orange County Board of Commissioners. A proposed schedule follows: Chapel Hill '. ' November 19, 2002— F &ining Board Recommendation December 9, 2002 — Town Council Decision • • • Carrboro November 21* 2002 - Planning Board Recommendation January 21, 2003 - Board of Aldermen Decision OrneCountv February 6, 2003 - Planning Board Recommendation • February 16, 2003 - Coen#y Commissioners Decrsion • • •