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3 <br /> 2. Water and Sewer Investments within the EDD <br /> The County has invested over $5.5 million to install water and sewer infrastructure in the <br /> Economic Development Districts. The debt service on these investments is paid through the <br /> Article 46 Economic Development sales tax. <br /> The Buckhorn Mebane Phase 3 Capital Improvement Plan map (provided as Attachment 2) shows <br /> the proposed phasing of an incremental series of infrastructure phases and timing to prepare for <br /> buildout development in an orderly and engineering efficient manner in the Buckhorn EDD. The <br /> PowerPoint for this item (Attachment 5) will illustrate the prior phases one by one. The FY2021- <br /> 22 Capital Investment Plan recommends a $1.2 million Buckhorn Mebane Phase 3 project to <br /> extend utilities to Growth Area A. A water system is on site. <br /> Orange County has invested in this area since a joint venture with the City of Mebane to build <br /> utilities for the middle school and north Buckhorn community since 2004. Further investments <br /> were made in CIP phases to a master planned infrastructure `backbone.' <br /> 3. Buckhorn EDD Overview <br /> The southeast quadrant of the Buckhorn Road interstate interchange has exhibited the greatest <br /> economic potential as evidenced by the location of Medline and recent annexations and interest <br /> in the 138 acre flea market site and an area west of Petro. The `backbone' of water and sewer <br /> infrastructure is existing with visibility and access to the interstate. Attachment 3 shows the <br /> Buckhorn Interchange. <br /> 4. Known Development Interest and Existing Zoning <br /> Areas A and B have high development potential and economic development interest in the short <br /> term. There has been no developer interest in Areas C, D, and E (east of 1-85/US 70 connector), <br /> so further public engagement and analysis in those areas will proceed in the future as authorized <br /> by the Board of Commissioners. <br /> 4a. Area A (NE Quadrant of Buckhorn Interchange East of Buckhorn Road <br /> Planning Attributes <br /> 1. Orange County Land Use Designation: Economic Development <br /> 2. Orange County Current Zoning: Economic Development Buckhorn (EDB-1)-1 <br /> Uses allowed are generally light industry, distribution and light manufacturing (area is <br /> characterized by rail, high power transmission corridor and interstate frontage). <br /> 3. Included in the Mebane Land Development Plan - Yes <br /> 4. Utilities <br /> 4a. Water - Yes <br /> 4b. Sewer — No - Stubbed out on south side of interstate. The sewer extension project is <br /> included in the Manager's FY2021-22 Capital Investment Plan as well as an upgrade to <br /> the Gravelly Hill lift station. <br /> 5. Access - Proposed as industrial Drive Extension and location tentatively approved by the <br /> North Carolina Department of Transportation (NCDOT) as part of the adopted Buckhorn <br /> Access Management Plan. Conversations with a nearby church are helping facilitate the <br /> location of the roadway. <br /> 6. Annexation Potential - Yes <br />