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7 <br /> 1 Slide #4 <br /> Background Hillsborough Area EDD 0I Project Area <br /> law31 V <br /> • Board approved a conditional s4 <br /> rezoning for the Research 'I <br /> Triangle Logistics Park(RTLP) <br /> in October 2020 <br /> County staff engaged the <br /> developer on potential <br /> approaches to installing water <br /> and sewer infrastructure <br /> given the County's limited <br /> budget � s <br /> PHUr-`C}Sf U <br /> FTLP PW.U.EGT <br /> • * I <br /> GOV L� III <br /> lY�r Qo6u -15 Y�Y Tlurmn LTJ II, <br /> r; 'fie Wprxrwl,rr 114 Yw Two*. 43"Ns - Al -..' <br /> =4CY1KrA—.*r..P1fftAWY R�YYI E®vs Giiosrsrl'.•�.iu:� <br /> WU <br /> 2 <br /> 3 <br /> 4 Slide #5 <br /> Proposed Performance Agreement Framework <br /> ■ Developer to share costs of utility installation and serve as owner and project manager <br /> Allows th-a developer to potentlally[average better prlcing <br /> — Removes the County from tete risk of project marw9emeret and cost overruns. <br /> Project split into two phases <br /> OR,+4NGF COUNTY <br /> i N<3R7FII tLARi:LINA <br /> 5 <br /> 6 <br /> 7 <br />