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8 <br /> 1 Slide #6 <br /> Proposed Performance Agreement Financial Terms <br /> • Phase 1 — Public Utility Connection Linder PROPOSED <br /> Interstate 40 RUALICSEWER " ti EMuafE snr <br /> EXTENSION <br /> l F ri�41TTfSEW69NiiF1 <br /> Reimburse the developer fifty percent;Wx6}of actual { t r` <br /> costs incurred.up to 52,2 million. <br /> EUMM i gra xt <br /> - If tate total east is Iles%than FAA million, the County's NILIC WATER MY- <br /> contribution wil be less than $2.2 million <br /> vrxty)SED 4,U <br /> If the total costs are mora Utast $4-4 million, the +ElortlrEhT t' + <br /> County'%contribution is capped at$2.2 milion <br /> regardlea%of the actual costs incurred by the developer <br /> ORANGE COUNFrY <br /> N4rRTI,I CARQIJNA <br /> 2 <br /> 3 <br /> 4 Slide #7 <br /> Proposed Performance Agreement Financial Terms <br /> • Pham 2— Waterline Loop Required by the <br /> Town of HillsbDrou h - <br /> �t <br /> - Reimburse the developer the actual costsof Phase 2, t <br /> lip to$950,000 <br /> If the actual co%ts are lower than$950.000.the County <br /> wil pay the lower amountAM WAE <br /> ' "E <br /> If the costs excetd 5954,000,the,m velopef Is BR ENS01, <br /> responsible for those costs RPM`�a <br /> hhi, L'3J�' <br /> dn <br /> Mir,sul.+4 <br /> - Allows for redundancy in the event of an isolated water ! �. <br /> main brealnlrepair - <br /> Helps provide more effectluedfsbrrfectlon,and L <br /> Irtertases water pressure and volume which Improves <br /> fire suppre%sion capabilities <br /> ORANGE COUNTY <br /> 7 N4DR7-ll CAROIJLNA <br /> 5 <br /> 6 <br /> 7 <br />