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3 <br /> the Article 46 Sales and Use Tax) to extend public water and sewer infrastructure to the <br /> Hillsborough Economic Development District (EDD). The Hillsborough EDD is an Economic <br /> Development Transition Zone containing approximately 160 acres of land served by Diversity <br /> Drive and located near the intersection of Old NC 86 and Interstate 40 in Hillsborough, North <br /> Carolina. The general footprint of the Hillsborough EDD is identified on the following map. <br /> Hillsborough Area EDD CIP Project Area <br /> - I <br /> PROPOSED <br /> , RTLP PROJECT <br /> .� 4k <br /> Streams Future Land Use City Limits <br /> _Water Bodies 10 Year Transifion ETJ <br /> • �Water Supply Watersheds 20YearTransition Activity Nodes <br /> Q OCICHICA Joint Planning Area Rural Residential Economic E)evelopment Transition <br /> COIJNTV A uEsl <br /> Rural Buffer — — o—g,—ec snsnozs mares <br /> The County completed the design, permitting, and easement acquisition activities for the <br /> Hillsborough Area EDD Phase 1 Water and Sewer Extensions project in late 2018, which would <br /> have extended Town of Hillsborough public water and sewer service under Interstate 40 and <br /> south of Interstate 40 to the eastern and western boundaries of the Hillsborough EDD. The <br /> County would have served as the project owner and manager. The primary purpose of the <br /> County's original project was to provide"backbone infrastructure"to service the Hillsborough EDD <br /> and facilitate development within the EDD. Public utility installation within the County's Economic <br /> Development Districts is a primary use of the Article 46 One-Quarter-Cent Sales and Use Tax. <br /> Revenues from the additional Article 46 tax, approved by voters on November 8, 2011, are split <br /> equally between Education and Economic Development. The funding allocation originally <br /> evidenced by a Resolution approved by the Board of County Commissioners on June 21, 2011 <br /> was renewed for an additional 10-year period on September 6, 2022. <br /> The County received construction bids for the Hillsborough Area EDD Phase 1 Water and Sewer <br /> Extensions project in early 2019, and the lowest qualified bid was $4,527,383, or approximately <br /> $1.9 million over the budgeted amount. The County paused the original project as staff evaluated <br /> alternatives to decrease the construction cost. All regulatory permits for the Hillsborough Area <br /> EDD Phase 1 Water and Sewer Extensions subsequently expired in 2021/2022. <br /> At its October 20, 2020 Business meeting, the Board of County Commissioners approved a <br /> Master Plan Development Conditional Zoning District (MPD-CZ) for the proposed "Research <br />