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CONSENT AGREEMENT FOR THE Wellspring Village DEVELOPMENT FOR CABARRUS COUNTY THIS CONSENT AGREEMENT is entered into as of this day of by and among Crosland Homes, with its principal place~business at 227 West Trade Street, Suite 800, Charlotte, NC 28202 the owners of the project more fully defined below ("Developer") and Cabarrus County, North Carolina, a political subdivision of- the State of North Carolina, with its principal place of business at 65 Church,Street,SE, Concord, North Carolina 28025 (hereafter, the "County" or "Cabarrus County") by and through its Cabarrus County Board of Commissioners. . RECITALS: A. Developer is the oWner of approximately 6.53 acres of real property located in the City of Concord, Cabarrus,County, and has proposed the development of a subdivision -in that location with a maximum of S2 single family lots, currently known as the Wellspring Village subdivision project (the "proj-ect")., to be constructed in multiple phases. B. The project is subject to the Adequate Facilities Provisions of the Cabarrus County Subdivision Ordinance, Chap~er_4 Section 17, and to best knowledge of the County, has been reviewed by all public agencies which may potentially serve t~e project and its future residents. C. Developer is willing to advance public services and facilities for the Project and to agree to certain other considerations to address Cabarrus County adequate facility standards and advance these services and facilities. D. Cabarrus County, acting pursuant to its authority under G.S. 153A-330 to 335, and the applicable provisions.of the Cabarrus County Subdivision Regulations, has made certain determinations with respect to the proposed Project, and, in the exercise of its legislative discretion, has elected to process the project, resulting in the negotiation, consideration and approval of this Consent Agreement after all necessary hearings. CABARRUS COUNTY AND THE DEVELOPER HEREBY AGREE AS FOLLOWS: 1. The Project 1.1 Description of proiect. The Wellspring Village Project covered by this Consent Agreement consists of a single-family subdivision with S2 lots located on approximately 06.53 acres in -City of Concord, North Carolina and has a density not exceed 7.96 as Shown on the approved preliminary subdivision plan. Any changes in such approval must be approved in accordance with the City of Concord Unified Development Ordinance (UDa) or its successor in interest. 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 ~greement, 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, single family residential lots, consisting of an overall maximum density not to exceed 7.96 E-)