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Approved 11/01/2017 15 District 1 agreement because the County is involved with getting the sewer system under the interstate and 739 beginning the loop of a water system to support that project and more. 740 741 Michael Harvey said that Staff’s recommendation is for the Board to receive this application, to deliberate, and 742 consider the following recommendation: Table action on District 3 with a recommendation to the elected officials that 743 this area (District 3) come back to the Planning Board for continued review and discussion for your April 2018 744 meeting. If there is action that would enable District 3 to be acted upon by the County, the Board would have 745 sufficient time to do so. Staff wants to avoid the unnecessary re-advertisements if the Planning Board can review this 746 at a later time after the elected officials make a recommendation. 747 748 Tony Blake asked if NIMs for District 3 are done. 749 750 Michael Harvey replied that the NIMs for the entire project are done. He continued with the recommendation. Staff 751 recommends that the Board approve the Statement of Consistency in Attachment 6 with the provision that any 752 references to property in District 3 be eliminated; approve the ordinance, Attachment 7, which has already been 753 modified to eliminate references to District 3. Mr. Harvey said that he will fix some errors in Attachment 7 at the 754 appropriate time, once he gets more direction from the Board. He turned the presentation over to the applicant. 755 756 Someone from the audience asked when the public would be able to make comments. 757 758 Lydia Wegman replied that the applicant will make his presentation and then the public will be invited to speak. 759 760 Jim Parker introduced himself and said that he is representing Old NC 86 Partners as the developer and applicant. 761 He also introduced the engineer for the project, Ariel Gamboa from Summit Engineering and Ed Sergainey, Traffic 762 Engineer. Mr. Parker said that Michael Harvey and Craig Benedict did such an extensive presentation that he would 763 not show the same maps again, but would focus on the history of the project as he and his partners see it, and then 764 take questions, listen to the public and try to respond. He said that he has lived and worked in Hillsborough for over 765 30 years, and in that time, has worked on various development. He and his partners are very familiar with the County 766 and the Town from working and living in the area for many, many years. The County has had its Economic 767 Development Districts (EDDs) for a long time and they are meant to provide economic benefit for the County and the 768 Town. He said that they saw the Hillsborough EDD as a gem. The subject area has one of the best interchanges in 769 the County and it is close to Hillsborough. He said that he believes the development will provide a transportation 770 market, a transient market. This does not mean that the development is not of quality or second rate in relation to this 771 market; but it is positioned well to provide economic development and benefit the tax base. For the last 2.5 years, Mr. 772 Parker and his partners have been assembling properties in the southeast quadrant (showed a map). He said that 773 they set the template for the development for the site plans that would occur in this area. The land uses presented 774 mirror what the County has already identified as viable for the subject properties. He said that they are bringing an 775 assembled mass that will spur development. It is very difficult for development to occur on a 1 acre property, but the 776 properties collectively together give the uses a palette through which the development can occur. Mr. Parker thanked 777 the Board for its consideration of this project and hopes that they will vote favorably for it. He said that they are here 778 to answer questions. 779 780 Lydia Wegman thanked him for the time he put into evolving project and for involving the Planning Department, 781 Michael Harvey in particular. She recognized Paul Guthrie to ask a question. 782 783 Paul Guthrie said as a follow-up to his previous question, has asked Mr. Parker if he had any conversations with the 784 Town of Hillsborough about who is going to pay for the expansion of water services and treatment facilities if 785 necessary. 786 787 Jim Parker replied that in regards to utilities within the site, within the public right-of-way, other than the sewer and 788 water infrastructure discussed by Mr. Harvey and Mr. Benedict, the developer would pay for it. He said that there is 789 capacity, but they have not yet identified what may be needed to improve the capacity for the development. At this 790 point, they do not know exactly the volume, based on the buildings. Development will be done on a piece-by-piece 791