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<br />CONSENT AGREEMENT <br />FOR THE LaureldaleDEVELOPMENT <br />FOR CABARRUS COUNTY <br /> <br />TH~S CONSENT AGREEMENT is entered into as of this ____-day of , by <br />and among pulte Home Corporation. with its principal place of businesa at 11121 <br />Carmel Commons Blvd., Suite 450, Charlotte, NC 28226 the ~wners of the project <br />more fully defined below ("Developer") and Cabarrus Count.y. North Carolina" a <br />political subdivision of the State of North Carolina, with its principal place <br />of business at 65 Church Street, SE, Concord, North carolina 28025 (hereafter, <br />the "County" or "Cabarrus County") by and through its Cabarrus County Board of <br />conunissioners. <br /> <br />RECITALS, <br /> <br />A. Developer iathe owner of approximately 190.00 acres of real_property <br />located in the City of ,Concord, Cabarrus County, and has proposed the <br />development of a subdivision in that location with a maximum of 431 single <br />family lots, currently known as the Laureldale subdivision project :(the <br />"project"), to he constructed in multiple phases. <br /> <br />B. -The ,Project- is subject to the Adequate Facili_ties 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 agencies 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 addressCabarrus County <br />~dequate facility standards and advance these services and facilities. <br /> <br />D. Cabarrus County, acting pursuant to its authority under G.S.. 153A-330 <br />to 335, and the applicable provisions of the CabarrusCountySubdivision <br />Regulations, has made certain determinations with respect to the proposed <br />,Project, and, in the exercise of its legisl~tive 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 Proiect. The Laureldale project :covered_by this Consent <br />.Agreement consists 'of a single-family subdivision with 43i lots located on <br />approximately 190.00 acres in Harrisburg, North Carolina and has a density not <br />exceed 2.27 as Shown on the approved Preliminary subdivision plan. Any changes <br />in such approval must be approved in accordance with the City of Concord <br />Unified Development_Ordinance (UDO) or. its succesaorin 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-PropertyN). 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 />affect an~ 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 2.27 <br /> <br />E -.2..- <br />