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May 17, 2004 ~ ~ I' '~, ~ ' f, ~ ¥~ Page 471 <br /> <br /> Section 14 Reappraisal Years-Panels In any reappraisal year, the <br />Chairman of the Board of Equalization and Review shall have the authority to <br />divide the board into two or more separate panels with a minimum of three <br />board members or alternate for each panel. The board members for the panels <br />may be interchanged during the year. In the event the chairman exercises the <br />right to divide the board into panels, a ma3ority of the members of a <br />particular panel shall constitute a quorum, and decision by the panel will <br />constitute a decision of the board. <br /> <br /> Section 15 There shall be no appeal from the Special Board of <br />Equalization and Review under this act except to the North Carolina Property <br />Tax Commission as it is provided by law <br /> <br /> Section 16. The provisions of this act shall apply only to Cabarrus <br />County, and it is the intent to amend G.S. 105-322 only with respect to <br />Cabarrus County. <br /> <br /> Section 17 All laws and clauses of law in conflict with this act are <br />hereby repealed, including Chapter 916 of the 1961 Session Laws, Chapter 281, <br />Session Laws of 1963, and Chapter 412, Session Laws of 1971. <br /> <br /> Section 18. This act is effective upon ratification. <br /> <br /> (G-11) Memorandum of Understanding for the NC 73 Transportation/Land Use <br />Corridor Plan <br /> <br /> Jonathan Marshall, Commerce Director, distributed a copy of the <br />Memorandum of Understanding concerning the NC 73 Transportation/Land Use <br />Corridor Plan and introduced the presenter, Denis Rash, UNC-Charlotte Urban <br />Institute. He said Mr. Rash would review this document with the Board and a <br />final draft would be forthcoming. <br /> <br /> Dennis Rash, UNC-Charlotte Urban Institute, discussed the historical <br />background of the NC 73 Transportation/Land Use Corridor Plan and reviewed <br /> the following Memorandum of Understanding. <br /> For Adoption Presentations <br /> <br /> MEMORANDUM OF UNDERSTANDING <br /> CONCERNING T~E <br />NC 73 TRANSPORTATION/LAND USE CORRIDOR PLAN <br /> <br />Background <br />In February 2003, the North Carolina Department of Transportation ("NC DOT"} <br />engaged the Centralina Council of Governments ("COG") to administer a grant <br />to study the NC 73 Corridor from Interstate Highway 85 in Cabarrus County to <br />US Highway 321 in Lincoln County. Funds for this Corridor Study came from NC <br />DOT, as well as from the counties, municipalities and private sector sources <br />along the Corridor. [The term "Corridor" in the Memorandum means area lying <br />roughly within one-half (1/2) mile of the centerline of the NC 73 right of <br />way between the highway's intersections with Interstate 85 in Cabarrus <br />County, and with US 321 in Lincoln County.] <br /> <br />The impetus for the NC 73 Transportation/Land Use Corridor Plan (the "Plan") <br />was the recognltion that increased development pressures along the Corridor, <br />and the resulting vehicular burdens, have stressed the roadway's capacity to <br />serve as a reliable transportation facility for its many users. Moreover, <br />all of the concerned parties recognized two key factors. 1) considerable <br />physical improvement will be required to address the corridor issues; and 2) <br />the current foreseeable land uses along the Corridor should be evaluated <br />before undertaking any capital investment in improving the roadway itself. <br /> <br />Beginning with this broad consensus, COG and NC DOT selected a team of <br />planners to undertake the details of this study. The contract for these <br />planning sez-vices was executed in April 2003, and the planning team's <br />analysis began shortly thereafter. <br /> <br />Public meetings were held in Cabarrus, Lincoln and Mecklenburg Counties <br />during November 2003 and March 2004. The planning team's work has been <br />guided by a steering committee comprised of COG and representatives of all <br />municipalities or counties having land use planning jurisdiction over <br />property along the Corridor; representatives of economic development or <br />planning organizations affected by the NC 73's capacity; North Carolina DOT, <br />and the three transportation planning organizations with jurisdiction in the <br />area The planning team hosted a series of land use planning charettes with <br />the local planning staffs for each of the municipalities and counties having <br /> <br /> <br />