Title
Approve the Acquisition of the Midway Forest Property as Part of the County’s Open Space Program
Recommended Action:
That the Board of Commissioners:
1. Appropriates $91,000 of NCDOT 540 Settlement Funding as a contribution to Triangle Land Conservancy’s (TLC) acquisition of the Midway Forest property; and
2. Authorizes the County Manager to execute a Funding Agreement in an amount not to exceed $462,500 with TLC, subject to terms and conditions acceptable to the County Attorney; and
3. Authorizes the Chair of the Board of Commissioners to execute a Conservation Easement to be held by Wake County encumbering the property acquired by TLC.