Orange County NC Website
6 <br />purposes, and the three owners will work together to <br />determine the ultimate use of the reataiader. <br />The Parties agree that the Greene Tract remains a <br />landfill asset. <br />Chapel Hill, Carrboro and the County (the "Greene <br />Tract Owners") will transfer~to the County title to that <br />portion of the Greene Tract described on Exhibit E, which <br />contains approximately sixty acres. The County may use the <br />property described on Exhibit E for System purposes. The <br />County states its ,current intention not to bury mixed <br />solid waste or construction and demolition waste on any <br />portion of the Greene Tract. The County 'states its <br />recommendation.to future County_Governing Hoards that the' <br />County make, no such burial. The deed to this property will <br />include a restriction prohibiting the use of the•property <br />described on Exhibit E for burying mixed solid waste or <br />• construction and demolition waste. ~ . <br />The Greene Tract Owners agree to bargain together in <br />good faith and with all due dilige~ice, and to use .their <br />respective best efforts, to determine~an ultimate use or <br />disposition of the remainder of the Greene ,Tract as soon <br />as possible and in any event by December 31, 2001, or, two <br />years after the effective date, whichever is later. During <br />this "bargaining period,." no Greene Tract Owner shall make <br />any use of the remaining portion of the Greene Tract <br />without the consent of the other Greene Tract Owners. <br />,• <br />The Greene T~"~.ct Owners .agree that among the issues <br />to be addressed ~i~ the bargaining process are (1) the <br />specific future uses, or ranges of use, to be made of the <br />remainder of the;~~Greene Tract (including issues of <br />devoting different,~~portions to different uses, devoting <br />portions to public uses and the possibility of making <br />portions available for sale ~ or private use) , and (2) <br />whet~.er to impose specific. use restrictions, either <br />through deed restrictions or through governmental <br />regulation. The Greene Tract Owners agree that during .the <br />"bargaining period" each should provide opportunity for <br />public comment on possible or proposed uses or <br />dispositions. <br />During the "bargaining period," no Greene Tract Owner <br />shall (1) file any legal action or proceeding to force any <br />sale or division of the Greene Tract, or (2) enter into <br />any agreement to sill, mortgage or otherwise transfer all <br />or•any part of its ownership interest in the Greene Tract, <br />