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33 <br />Proiect Timeline: The boundary survey, appraisal and <br />environmental report (Phase I assessment) will be completed on <br />or about March 21, 2000. The grant agreement will be presented <br />to the Orange County Board of Commissioners for approval on <br />March 21, 2000. At that same meeting, the Soard of Commissioners <br />will be asked to approve the installment purchase of the 62.65 <br />acre parcel of land. The closing for the purchase is scheduled <br />for March 31., 2000. One Hundred Forty-three Thousand Dollars <br />($143,000) of the $280,000 purchase price will be paid at <br />closing with-the balance paid in two equal annual installments <br />plus interest. The first such installment will be due on March <br />31, 2001. The final installment will be due on January 31, 2002. <br />lsg:orangecounty\dukepropexhP,.doc <br />