Orange County NC Website
Browse       Search
purposes, and she three owners will work together to <br /> determine the ultimate use of the remainder. <br /> The Parties agree that the Greene Tract remains a <br /> landfill asset. <br /> Chapel Hill, Carrboro and the County (the "Greene <br /> 'Tract owners^) will transfer to the County title to that <br /> portion of the Greene Tract described on Exhibit E, which <br /> contains approximately sixty a c . The County y Use the <br /> property described on Exhibit Ee ma for System pur poses. The <br /> County states its current intention not to bury mixed <br /> solid waste nstruction and demolition waste on any or <br /> portion of the construction <br /> Tract. The County - states its <br /> recormandation to future County Governing Boston that the <br /> County make no such burial. The deed to this property will <br /> include restriction prohibiting the use of the property <br /> described on Exhibit E for burying mixed .solid waste or <br /> construction and demolition waste. <br /> The Greene Tract Owners agree to bargain together in <br /> good faith and with all due diligence, and to use their <br /> respective beet efforts, to determine an ultimate use or <br /> disposition of the remainder of the Greene Tract as <br /> soon <br /> as possible and in any event by December 31, 2DO1, or two <br /> years after the effective date, whichever is later. During <br /> this "bargaining Period,- no Greene Tract Owner shall make <br /> any use of the remaining portion of the Greene Tract <br /> without the consent of the other Greene Tract Owners.' <br /> The Greene TAct Owners agree that among the issues <br /> a <br /> to be addressed jh the bargaining process (1) the <br /> � <br /> specific future u e, or ranges of use, to be made of the <br /> remainder of the3 Greene Tract (including issues of <br /> devoting differen4� Portions to different Uses; devoting <br /> portions to public uses and the possibility ;of making <br /> portions available for sale or private use) , and (1) <br /> whether to impose specific use restrictions, either <br /> through deed restrictions or through governmental <br /> regulation. The Greene Tract owners agree that during the <br /> "bargaining period" each should provide opportunity for <br /> public comment on possible or proposed uses or <br /> dispositions. _ <br /> During the -bargaining period,- no Greene Tract Oscar <br /> shall (1) file any legal action or proceeding to force any <br /> sale or division of the Greene Tract, or (3) enter into <br /> any agreement to sell, mortgage or otherwise transfer all <br /> or any part of its ownership interest in the Creams Tract, <br />