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J <br />r_ <br />~~~ <br />C b rar usCoun~ <br />The Center of American Motorsports+ <br />NORTH CAROLINA <br />CAQARRUS COUiYTY <br />RESERVATIOiY OF CAPACITY CERTIFICATE <br />{CODDLE CREEK CROSSING TOWNHO~IE SUI3DIVIS[ON) <br />Pursuant to the authority granted to Cabarrus County by the North Carolina <br />General Assembly as expressed specifically in N.C. Gen. Stat. ~153A-320 N.C. Gen. <br />Stat. ~ 153A-331, N.C. Gen. Stat. ~ 1 SA-310, Session Law 2001-39 (as applicable} and I~ <br />Article 15 of the Cabarrus County Zoning Ordinance, the Cabarrus County Board of <br />Commissioners, at its regular meeting on June 16, 2008, approved issuance of this <br />reservation of capacity certificate to Coddle Creek Development Group, LI_C for Coddle <br />Creek Crossing townhome project, which is a residential townhome project consisting of <br />153 townhome units on approximately 21.3 acres located at the intersection of Pitts <br />School Road and NC Highway 29 in the City oFConcord. <br />This Certificate of Reservation oFCapacity is issued pursuant to the following <br />conditions contained in the Ordinance and approved by the Board of Commissioners: <br />1. This Certificate applies to the development of no more than 153 <br />townhome units on the following parcel: (1) 5509-~F3-8979. <br />2. Coddle Creek Development Group, LLC will not be required to adhere to <br />a build out schedule in connection with the approval represented by this certificate. <br />3. Coddle Creek Development Group, LLC will not be required to pay the <br />Voluntary Mitigation Payment in connection with the approval represented by this <br />certificate. <br />~. This Certificate shall be valid for one year, beginning on June 16> 2008, <br />the date of approval as granted by the Cabarrus County Board of Commissioners and is <br />not transferab/le. <br />"This ~i ~ day of August, 2008. <br />~. ws~,~, <br />JOt A"THAN B. MARSHALL <br />Director <br />Cabarrus County Commerce Department <br />J <br />Attachment number 2 <br />F - 3 Page 70 of 320 <br />