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2 <br /> FINANCIAL IMPACT: There is no financial impact associated with renewal of the existing <br /> agreement. Funding for the Park stewardship, operation and maintenance is included in the <br /> existing budgets of Orange and Durham counties. Funds for potential future improvements exist <br /> in the Capital Investment Plans of both counties. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports: <br /> • GOAL 1: ENVIRONMENTAL PROTECTION AND CLIMATE ACTION <br /> OBJECTIVE 6. Protect water supply/watersheds. <br /> OBJECTIVE 7. Conserve and protect high priority open space, including Natural Heritage <br /> sites, nature preserves, watershed riparian buffers, and prime/threatened farmland. <br /> • GOAL 2: HEALTHY COMMUNITY <br /> OBJECTIVE 7. Invest in services and programs that improve the health and quality of life <br /> of the community (e.g., recreation and public open spaces, arts, etc.) <br /> RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the <br /> Chair to sign the renewal of the Hollow Rock Nature Park Interlocal Agreement with Durham <br /> County and the Town of Chapel Hill. <br />