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2 . <br /> B. Joint Planning Agreement Timeline on Annexation <br /> Purpose: To receive public comment on a proposal to extend indefinitely the time limits <br /> specified in the Joint Planning Agreement. The second sentence in Section 1.3.B. of the Joint <br /> Planning Agreement states, "Subject to termination provisions of this Agreement, annexation <br /> provisions of this Agreement shall be valid for not more than 20 years and may thereafter be <br /> renewed." These provisions will expire in July 2006 if they are not renewed. <br /> This amendment requires the approval of the Orange County Board of Commissioners, Chapel <br /> Hill Town Council, and Carrboro Board of Aldermen. <br /> C. Non-Joint Planning Public Hearing Items <br /> 1. Establish Commercial and Residential Plans Review Fees <br /> Purpose: To establish commercial and residential plans review fees to implement more <br /> thorough plan review services to maintain and upgrade Insurance Services Office, Inc. (I80) <br /> ratings that are used by insurance companies to develop property owner insurance rates <br /> and more fully offset the operating costs of the Inspections Division. <br /> This item requires Orange County Board of Commissioners approval only. <br /> FINANCIAL IMPACT: None. <br /> RECOMMENDATION: The Administration recommends approval of the Notice of Public <br /> Hearing for October 9, 2002. <br />