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ORANGE COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: August 17, 2004 <br />Action Agenda <br />Item No. ,~j - m <br />SUBJECT: Assignment of the Adams Tract Purchase Contract to the Town of Carrboro <br />DEPARTMENT: Environment and Resource <br />Conservation <br />PUBLIC HEARING: (Y/N) No <br />ATTACHMENT <br />1) Contract Assignment <br />2) Carrboro Resolution <br />INFORMATION CONTACT: <br />Geoffrey Gledhill, 732-2196 <br />David Stancil, 245-2590 <br />Rich Shaw. 245-2590 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To authorize the assignment of the signed contract for purchase of the Adams <br />property to the Town of Carrboro. <br />BACKGROUND: Orange County and the Town of Carrboro are collaborating on the <br />purchase of approximately 27 acres of a 30-acre tract known as the Adams Tract. The <br />County and Carrboro intend to acquire this land to make it available to the public for low- <br />impact public recreation, to protect a portion of a significant natural area, and to help protect <br />the water quality of Bolin Creek. <br />The County and Carrboro will share equally in the cost of the land. The land is to be owned <br />and managed by the Town of Carrboro. Orange County will purchase from Carrboro a <br />conservation easement in the land thereby adding perpetual use restrictions intended to <br />protect the future use of the property as aloes-impact park and natural area. The State of <br />North Carolina will also hold a conservation easement on a six-acre portion of the property in <br />consideration of a NC Clean Water Management Trust Fund grant. <br />On June 23, the Board authorized the County's participation in the purchase of the Adams <br />Tract, the signing of a final purchase contract, and the form of the conservation easement. <br />The purchase contract states that the County intends to assign the contract to the Town of <br />Carrboro and that the Town will be the "grantee" of the deed from the "sellers". Although the <br />Board has approved the contract, it still needs to authorize formally the assignment of the <br />purchase contract to the Town of Carrboro. <br />