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3 <br /> 1 the Article 46 Sales and Use Tax) to extend public water and sewer infrastructure to the <br /> 2 Hillsborough Economic Development District (EDD). The Hillsborough EDD is an Economic <br /> 3 Development Transition Zone containing approximately 160 acres of land served by Diversity <br /> 4 Drive and located near the intersection of Old NC 86 and Interstate 40 in Hillsborough, North <br /> 5 Carolina. The general footprint of the Hillsborough EDD is identified on the following map. <br /> 6 <br /> Hillsborough Area EDD CIP Project Area <br /> i <br /> �J <br /> PROPOSED <br /> RTLP PROJECT - <br /> s <br /> —Streams Future Land Use City Limits - <br /> -Water Bodies 1CYear Transition ETJ <br /> on=i Roo raei <br /> • �Water 9uRRly Watersheds 20 Year Transition Activlvy Nodes cuN� <br /> =o r <br /> C=OClCHICA Joint Planning Area Rural Residential Economic Development Transition <br /> Rural Buffer orenue d.-,Punning and_eodcna <br /> 7 - BC 511 5(2025 <br /> 8 <br /> 9 The County completed the design, permitting, and easement acquisition activities for the <br /> 10 Hillsborough Area EDD Phase 1 Water and Sewer Extensions project in late 2018, which would <br /> 11 have extended Town of Hillsborough public water and sewer service under Interstate 40 and <br /> 12 south of Interstate 40 to the eastern and western boundaries of the Hillsborough EDD. The <br /> 13 County would have served as the project owner and manager. The primary purpose of the <br /> 14 County's original project was to provide"backbone infrastructure"to service the Hillsborough EDD <br /> 15 and facilitate development within the EDD. Public utility installation within the County's Economic <br /> 16 Development Districts is a primary use of the Article 46 One-Quarter-Cent Sales and Use Tax. <br /> 17 Revenues from the additional Article 46 tax, approved by voters on November 8, 2011, are split <br /> 18 equally between Education and Economic Development. The funding allocation originally <br /> 19 evidenced by a Resolution approved by the Board of County Commissioners on June 21, 2011 <br /> 20 was renewed for an additional 10-year period on September 6, 2022. <br /> 21 <br /> 22 The County received construction bids for the Hillsborough Area EDD Phase 1 Water and Sewer <br /> 23 Extensions project in early 2019, and the lowest qualified bid was $4,527,383, or approximately <br /> 24 $1.9 million over the budgeted amount. The County paused the original project as staff evaluated <br /> 25 alternatives to decrease the construction cost. All regulatory permits for the Hillsborough Area <br /> 26 EDD Phase 1 Water and Sewer Extensions subsequently expired in 2021/2022. <br /> 27 <br /> 28 At its October 20, 2020 Business meeting, the Board of County Commissioners approved a <br /> 29 Master Plan Development Conditional Zoning District (MPD-CZ) for the proposed "Research <br />