Agenda - 10-03-2005-10a - Laserfiche WebLink

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Orange County Position Statement on a5 Participation in Joint New Hope Open Space Project March 31, 2005, amended 4/7/05 In keeping with Orange County's interest in the protection of the New Hope Creek corridor, and the concept of a New Hope Creek trail connecting Orange and Durham, Orange County has agreed to participate in a proposed joint initiative to acquire lands owned by Duke University (and other parties) by taking the following actions: Contributing $200,000 over three years toward the proposed joint acquisition of the 43 -acre tract owned by Duke University and located in both Durham and Orange Counties, with the following conditions: a. That Orange County, either independently or in conjunction with the Town of Chapel Hill, hold title to the approximately 11 acres of the subject property in Orange County b, That the partner jurisdictions agree to discuss and execute at a future date an inter -local agreement governing the uses and responsibilities of the property c. That the property be publicly - accessible and used for low- impact recreation only (as a "New Hope Preserve ") d, Orange County will pay for all costs of construction, operation, and maintenance of trails or other amenities located in Orange County, Durham County will pay for all costs of construction, operation, and maintenance of trails or other amenities located in Durham County. e. That, in conjunction with the participation in the joint acquisition of the 43 -acre tract, Orange County will accept an assignment from Triangle Land Conservancy (TLC) of the option TLC holds on 25 acres of land owned by Wade and Carolyn Penny and abutting New Hope Creek in Orange County. Orange County is willing to accept responsibility for remaining funds needed to accomplish this purchase, The County appreciates the efforts of TLC and the Penny's to help complete this part of the New Hope corridor, which has long been identified as an important component of the New Hope plan. Orange County looks forward to continuing to work with TLC on collaborative projects along the Orange County portion of the New Hope Creek corridor, f. The County is also willing to accept the proposed conservation easement from the Penny's for the remainder of their property located in Orange County g, The first $500,000 of any governmental grant received for the purchase of the subject property shall be used to offset Durham County's contribution to the purchase of the property. Any governmental grant funds received over and above $500,000 for the purchase of the subject property shall be used to offset the contributions of all the participating governments on a pro rata basis based on the total amount of the unreimbursed contribution of each government,