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7 <br /> is located in both counties, both Boards must approve the purchase and must <br /> approve the manner in which title to the land is conveyed. <br /> II. Park Management <br /> 1. Allowed Uses. The Park shall be open and available to the general public regardless of race, <br /> gender, color, creed, age, disability, familial status, marital status, veteran status, political or <br /> religious affiliation or national origin. Orange County and Durham County, through their <br /> respective Boards, with input from a citizen advisory committee and other members of the <br /> public, have agreed on what uses will and will not be allowed in the Park. Modification of <br /> the approved uses will be considered through the joint county staff and recommended for <br /> consideration and approval by the Boards. <br /> 2. Annual Objectives. Operations at the Park shall be guided by a jointly approved set of <br /> priorities and actions developed by fiscal year in conjunction with the annual budget. The <br /> Annual Objectives may be modified as needed throughout the year based on agreement from <br /> both counties. The Annual Objectives should specify major new capital projects, major <br /> maintenance or operational issues, general programming and other activities. Orange and <br /> Durham staff will meet twice annually to discuss the budget and objectives. Annual <br /> objectives shall be consistent with the approved Management Plan and park Master Plan. <br /> 3. Park Policies and Regulations. Orange County and Durham County, through their Boards, <br /> shall approve all rules, regulations, ordinances, policies, and fees, contained in Operational <br /> Guidelines to be implemented by Orange County and where necessary by Orange County <br /> and Durham County in the operation and management of the Park, unless specifically <br /> otherwise provided for in this Agreement. The policies and regulations may be amended <br /> from time to time by mutual agreement and approval of the Boards. <br /> 4. Budget. The Orange and Durham County Managers, or their designees shall meet to consider <br /> and make recommendations regarding an annual budget for the operation of the Park, and a <br /> capital budget for periodic capital expenditures. The annual budget should be based on <br /> proposed Annual Objectives as detailed above. The capital budget shall include proposed <br /> capital improvements to be made to the Park within the next fiscal year. However, donations <br /> of monies received for Little River Park, or other earrmarked funds for park capital and <br /> operating expenses may be deposited into a special account to allow for accumulation of said <br /> funds and expenditures as needed over a period of multiple fiscal years. The <br /> recommendations of the County Managers shall be submitted to their respective Boards. The <br /> Boards shall each consider such budget recommendations and take such action as deemed <br /> appropriate. If the Boards do not both agree to the annual budget as submitted by the County <br /> Managers, the County Managers shall meet again to try to create another budget proposal, <br /> and the Boards shall again attempt to come to agreement. The failure of the respective <br /> Boards to agree upon an annual budget after a second attempt shall be grounds for <br /> terminating this Agreement. Transfers between FY budgetary line items of up to $1,000 may <br /> be made administratively by Orange County; transfers over $1,000 require the consent from <br /> the Durham County Manager or his designee. <br /> Page 3 of 10 <br />