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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 ta N , <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 />