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<br />"',< <br /> <br />CONSENT AGREEMENT <br />FOR THE Laurel Park Phase 3 DEVELOPMENT <br />FOR CABARRUS COtlNTY <br /> <br />THIS CONSENT AGREEMENT is entered into as of this day of , by <br />and among Niblock Development corporation, with its principal place of business <br />at 300 McGill Ave.,-NW, Concord,NC 28027 the owners of the project more fully <br />defined below ("Developer") and Cabarrus County, North Carolina, a political <br />subdivision of the State of North Carolina, with-its principal place of <br />business at .65 Church Street, SE, Concord, North Carolina 28025 (hereafter, the <br />"Countyn or nCabarrus Countyn)by and through its Cabarrtis County Board of <br />Commissioners. <br /> <br />RECITALS. <br /> <br />A. Developer is the owner of approximately 9.07 acres of real property <br />located in the City of Concord, Cabarrus County, and has proposed the <br />rlevelopment of a subdivision in that location with a maximum of Is_single <br />family lots, currently known as the Laurel Park Phase 3 subdivision proje~t <br />(the nproj~ctn), to be constructed in multiple phases. <br /> <br />B. The project is subject to the Adequate Facilities provisions of the <br />Cabarrus County Subdivision Ordinance, Chapter 4 Section 17,and-to best <br />knowledge of the County, has been reviewed by all public agenci~~ which may <br />potentially serve_ the project and its -future residents. <br /> <br />.C., Developer is willing to advance public services and facilities for the <br />Project and to agree to certain other considerations 'to address Cabarrus County <br />adequate facility standards and advance these services and faci2ities. <br /> <br />D. Cabarrus County. 'acting pursuant- to its authority underG.S. 153A-330 <br />to 335, and the applicable provisions Of the Cabarrus County subdivision <br />Regulations" has made certain determinations with respect to the proposed <br />project, and,in ~he exercise of its legislative discretion, has elected to <br />process the Project, -resulting in the negotiation,consideration and approval <br />of this Consent Agreement after all necessary hearings. . <br /> <br />CABARRUS COUNTY AND THE DEVELOPER HEREBY AGREE AS- FOLLOWS: <br /> <br />1. The Project <br /> <br />1.1 Description of Pro;ect. The Laurel Park :Phase 3 project covered by this <br />Consent Agreement consists of a single~family subdivision with 15 lots located <br />on approximately 09.07 acres in Harrisburg, North Carolina and has a density <br />not exceed 1.65 as Shown on the approved preliminary subdivision plan. Any <br />changes in such approval mu~t be approved in accordance with the City of <br />Concord Unified Development Ordinance (UDO) or its successor in interest. <br /> <br />1.2 Leqal Description of' Property. The map-description of the- land <br />covered by _the project is attached hereto as' Exhibit A and incorporated into <br />this Consent Agreement by this reference (the ~Property"). No property may be <br />added to the map description for purposes of this Consent Agreement," except by <br />written amendment. Except as expressly set forth in this Agreement with - <br />respect _to off-property_ road improvements-, this. Consent Agreement shall not <br />aff~ct any land other than .the Property. <br /> <br />1.3 Approved Use and'Density. This Consent Agreement shall recognize. with <br />respect to the project, the total number of subdivided, single family <br />residential lots, consisting of an overall maximum density not to exceed 1.65 <br />units per gross acre of the Property. No multi-family units are approved for <br />the project. <br /> <br />~-3 <br />