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Slide #4 <br /> Background Hi llsboroug h Area EDD C IP Project Area <br /> 5 <br /> • Board approved a conditional <br /> rezoning for the Research <br /> Triangle Logistics Paris(RTLP) • <br /> in Oclober2020 <br /> I <br /> County staff engaged the <br /> developer on potential ' 5", <br /> approaches to installing water <br /> and sewer infrastructure <br /> given the ounty's limited <br /> budget <br /> RTL�F+S-El:' i <br /> rr'L:.n ICI <br /> U <br /> �w.r pf- pbr'r T�. cv {. <br /> •.?+ri LrYr.�rs 30 Yw T� "hod. - <br /> pMSCILUJo1RP4rn7pAw <br /> A.r 9A3 <br /> Slide #5 <br /> Proposed Performance Agreement Framework <br /> ■ Developer to share costs of utility installation and serve as owner and project manager <br /> Allows the develope r to potentially leverage!better prlc Ing <br /> — Removes the County from the risk of project management arai cosl overruns. <br /> ■ Project split into two phases <br /> ORANGE COUNIFFY <br /> 5 lti C TUYL L CA R.OLI NA <br />