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` ~ in either case without the consent of the other Greene <br />Tract Owners. To the extent permitted by law,. Chapel I3i11 <br />agrees not to initiate any 'proceeding to rezone any <br />portion of .the Greene Tract during the "bargaining. <br />period," without ths- consent of 'the other Greene Tract <br />.Owners. Chapel Hill states its current intent to <br />accommodate any agreed-upon future uses or range- of uses <br />of the rema.iader~of the Greene Tract in its Development <br />• Code/Ordinances and states its recommendation to future <br />Chapel Hill Governing Boards to the same effect. <br />.After the "bargaining period" is completed, namely, <br />the~,day after the last day-of the bargaining period, ao <br />Greene Tract Owner shall (1) file any 'legal action or <br />proceeding to force any•sale or division of the Greece <br />Tract, or (2) enter into any-agreement to. sell, mortgage <br />or otherwise transfer all or any ~~ part ~ of ~.ts ownership <br />interest in the. Greene Tract, is either case without <br />giving the other Greene Tract Owners at least 60 days <br />prior notice of such filing or entering into an agreement. <br />In addition, after the 'bargaining period" is~ completed, <br />nay Greene Tract Owner may give 60 days' prior notice of <br />an election to be no longer bound by the above <br />restrictions pertaining to the uses of and whether to <br />impose use restrictions' on the remainder of the Greene <br />Tract, and such election shall be effect~.ve at the cad of <br />the notice period. -. . <br />The Parties agree that any non System use of any <br />. ~ 'portion of the rem~;iader of~the Greene Tract or any . <br />. disposition of nay ~ortion.of the remainder of the Greene <br />Tract shall result:'"n paYment•to the County of the - <br />Reimbursement Amour~~~for deposit 3.n the System enterprise <br />fund. ~.•~• <br />• ~~• <br />4. By replacing the date in the first paragraph of Part <br />7 with the•followiag: "one month after the effective date~of <br />this Agreement." _ <br />5. By amending subsection (c) of the "Members; Ter~tts" <br />provision of Exhibit C to the Agreement to read as.follows: <br />(c) The first year of the term of each initial member <br />of the Advisory Board shall be deemed to expire on June <br />30, 2001. Thereafter, each year of the term of an Advisory <br />Board member will run from July 1 through the subsequent <br />June 30, but each member shall continue to serve until <br />such members successor has been duly appointed and <br />qualified for office. <br />7 <br />