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Attachment 1 4 <br /> INTERLOCAL AGREEMENT BETWEEN ORANGE COUNTY AND THE TOWNS OF <br /> CARRBORO AND CHAPEL HILL REGARDING THE CURRENT AND FUTURE USE <br /> OF THE JOINTLY OWNED GREENE TRACT <br /> THIS AGREEMENT, made and entered into this day of , <br /> 2021 between Towns of Carrboro and Chapel Hill, North Carolina municipal corporations, <br /> of Orange County, North Carolina (hereinafter referred to individually as the "Town" and <br /> jointly as "Towns"); and Orange County, a political subdivision of the State of North <br /> Carolina (hereinafter referred to as the "County"), regarding the use of the jointly owned <br /> Greene Tract, having approximately 104 acres and identified by PIN 9870739888 in the <br /> Orange County Registry (hereinafter referred to as the "Property") and the 60 acres <br /> owned exclusively by Orange County and identified by PIN 9870855283 in the Orange <br /> County Registry (hereinafter referred to as the "Headwaters Preserve"). (County and <br /> Towns may be referred to collectively as the "Parties"). <br /> WITNESSETH <br /> WHEREAS, the Parties are public bodies, politic and corporate, under the laws of <br /> the State of North Carolina and are vested with the power and authority by Article 20 of <br /> North Carolina General Statutes Chapter 160A to enter into this Interlocal Agreement <br /> (hereinafter referred to as the "Agreement"); and <br /> WHEREAS, the 164 acres, more or less, was purchased in 1984 for $608,000 for <br /> use as a future landfill; and <br /> WHEREAS, the Property and the Headwaters Preserve are located within the <br /> Chapel Hill's Extraterritorial Jurisdiction and subject to the Town of Chapel Hill's <br /> development regulations; and <br /> WHEREAS, the Parties jointly own the Property with Orange County having a 43% <br /> interest, the Town of Chapel Hill having a 43% interest, and the Town of Carrboro having <br /> a 14% interest in 104 acres of the Greene Tract and Orange County owns 100% interest <br /> in the Headwaters Preserve (60 acres) ; and <br /> WHEREAS, the Parties desire to establish procedures, rights, responsibilities, and <br /> uses of and for the Property; and <br /> WHEREAS, the Parties agree that some portion of the Property should be <br /> dedicated to providing affordable and mixed income housing and other uses; and <br /> WHEREAS, the Parties agree that some portion of the Property should be <br /> reserved for a future school site with public recreation; and <br /> WHEREAS, the Parties agree that the 60 acres currently owned by Orange County <br /> should be reconfigured to preserve the most environmentally sensitive area and <br /> preserved as the Headwaters Preserve following evaluation of an Environmental <br /> 1 <br />