AG 2006 07 10 - Laserfiche WebLink

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include those for a prior year or years, but shall not exceed the cumulative total for the year/years identified); Calendar year 2006, no more than 40 lots platted; Calendar year 2007, no more than 80 lots platted; Calendar year 2008, no more than 80 lots platted; Calendar year 2009, no more than 60 lots platted. 1.2 Leqal Description of Property. The map description of the land covered by the Project is attached hereto as Exhibit A and incorporated into this Consent Agreement by this reference (the "Property"). No property may be added to the map description for purposes of this Consent Agreement, except by written amendment. Except as expressly set forth in this Agreement with respect to off-property road improvements, this Consent Agreement shall not affect any land other than the Property. 1.3 Approved Use and Density. This Consent Agreement shall recognize, with respect to the Project, the total number of subdivided, townhome residential lots, consisting of an overall maximum density not to exceed 7.5 units per gross acre of the Property. No single-family units are approved for the Project. 1.4 Confiquration of Development. The configuration of the Project is recognized, as shown on the approved preliminary plan, copies of which are available in the Cabarrus County office of Planning Services. The Project Plan is subject to revision in accordance with the adequate facilities fees provisions of the Cabarrus County Subdivision Regulations and the Cabarrus County Zoning Ordinance, as more fully set forth herein, and any applicable provisions of the provisions of the City of Concord Unified Development Ordinance (UDO). The Project Plan shall reflect the general location of roads and configuration of lots for the Project as shown on the preliminary plat; subject to revision in accordance with the provisions of The City of Concord Unified Development Ordinance (UDO) 1.5 Specific Conditions. The approval and development of this Project is subject to the following conditions as agreed upon by the Developer and County: A) Payment of a fee per multi-family lot to advance school adequacy (the "base Adequate Facilities Fee" or "AFF") which may be adjusted annually in accordance with a policy and/or schedule adopted by the Cabarrus County Board of Commissioners (the "Board"). The AFF applicable to this project currently is $1,331.00 per lot and the total AFF for all lots in this Project currently approved is $346,060.00 (the "Total Project AFF") . B) Except as otherwise authorized in a written payment plan specifically approved by the Board, a copy of which shall be attached hereto as Exhibit B and incorporated herein by reference, the Total Project AFF shall be due and payable upon Final Platting of the current approved Project, or any phase thereof, whichever shall first occur. 2. Summary of Cabarrua County Oeter.minationa Relatinq to the Project. The Board of Commissioners of Cabarrus County, acting in its legislative capacity, has made the following determinations with respect to the Project, including all fiooings of fact and law as are necessary to make each of the following determinations: 2.1 County Determinations Relatinq to the Proiect. 2.1.1 Permit Approvals. The Project has received an approval recommendation, with the conditions staff recommended, on the preliminary plat by action of the City of Concord Planning and Zoning Board taken on April 18th, 2006. 2.2 Recoqnized Riqhts In Base Adequate Facility Fee. 2.2.1 Recoqnized ~iqhts. Subject to Section 1.S.A, the Project shall have the right to have the:base Adequate Facilities Fee assessed in accordance with the subdivision plats approved and to develop and construct the Project in accordance with the uses, density and general configuration of development described and incorporated in Section 1 under the applicable zoning, subdivision, development, growth management, platting, environmental, open space, transportation and other land use plans, laws and regulations in existence and effective as of the date of final subdivision approval and the terms and conditions of this Consent Agreement. E-4-