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<br />CONSENT AGREEMENT <br />FOR THE Wellspring Village DEVELOPMENT <br />FOR CABARRUS COUNTY <br /> <br />THIS CONSENT AGREEMENT is entered into as of this____ day of by <br />and among Crosland Homes, with its principal place of business at 227 West <br />Trade Street. Suite 800, Charlotte, NC 28202 the owners of- the project more <br />fully defined below ("Developer") and Cabarru8 County. 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 />Commissioners. <br /> <br />RECITALS: <br /> <br />A. Developer is the owner of approximately 6.53 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 6f52 single <br />family lots, currently known as the Wellspring Village subdivision project (the <br />"Proj'ect")_, 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 agencies which may <br />potentially serve t~e 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 facilities. <br /> <br />D. Cabarrus county, acting pursuant to its authority under G.S. lS3A-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 the 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 nec~ssary 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 Wellspring Village project coVered by this <br />Consent Agreement consists of a single-family subdivision with 52 lots located <br />on approximately 06.53 acres in 'City of Concord, North Carolina and has a <br />density not exceed 7.96 as Shown on the approved preliminary subdivision plan. <br />Any changes in such approval must be approved in accordance with the City of <br />concord Unified Development Ordinance (UDO) or its successor in interest. <br /> <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 "PropertyU). 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 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 7.96 <br /> <br />~- ;J-.S- <br />