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August 7, 2018 Page 1 of 35 <br />MEMORANDUM OF AGREEMENT <br />CREATING AND DEFINING OPERATIONS OF THE TRIANGLE WATER <br />SUPPLY PARTNERSHIP <br /> <br /> <br />WHEREAS, for the purposes of this Memorandum of Agreement (“Agreement”), the <br />Triangle Water Supply Planning Region (“Triangle Region”) is defined as the geographic <br />area encompassing Chatham, Durham, Harnett, Johnston, Orange, and Wake Counties; <br />and <br /> <br />WHEREAS, the Triangle Region of North Carolina continues to grow and serve as the <br />premier economic engine for North Carolina; and <br /> <br />WHEREAS, the local government jurisdictions in the Triangle Region have responsible <br />and thoughtful land use plans to accommodate projected growth; and <br /> <br />WHEREAS, water resources are a regional asset, and the sustained availability of water <br />supply for the Triangle Region will benefit from a comprehensive and collaborative <br />approach; and <br /> <br />WHEREAS, the Triangle Region of North Carolina has experienced multiple significant <br />droughts in recent decades; and <br /> <br />WHEREAS, the local government jurisdictions and their constituent water supply <br />authorities are responsible for providing for the publicly owned water supply that has <br />been a critical ingredient in the economic development of the Triangle Region; and <br /> <br />WHEREAS, the local government jurisdictions and their constituent water supply <br />authorities support the conservation and stewardship of water resources; and <br /> <br />WHEREAS, the Jordan Lake Partnership was established in 2009 to plan for secure and <br />sustainable water supply for the Triangle Region, with participation by most of the parties <br />to this Agreement, and has: <br /> <br />• developed a 50-year regional water supply plan that was endorsed by the elected <br />Boards of all of its members; <br />• developed a comprehensive hydraulic model of the regional water system, now <br />being used to improve cooperation among local water utilities; <br />• been recognized at the state and national level as a model for effective local <br />government collaboration; <br />• expanded its membership and focus to include water supply planning for the <br />entire Triangle Region; and <br /> <br />WHEREAS, the parties to this Agreement desire to continue and build upon the valuable <br />water supply planning work and collaborative efforts begun by the Jordan Lake <br />Partnership; and <br />5