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CONSENT AGREEMENT FOR THE MERIDIAN DEVELOPMENT FOR CABARRUS COUNTY THIS CONSENT AGREEMENT is entered into as of this _15_th day of _November, by and among Shiloh Ridge Development, LLC, with it's principal place of business at 2925 pinewood Hills Drive, Matthews, NC 28277 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 Conunissioners. RECITALS: A. Developer is the owner of approximately 8.90 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 16 single family lots, currently known as the Meridian subdivision project (the "project"), to be constructed in multiple phases. B. The Project is subject to the Adequate Facilities Provisions of the Cabarrus County Subdivision Ordinance, Chapter 4 Section 17, Section 66-81, and to best knowledge of the County, has been reviewed by all public agencies which may potentially serve the 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 pròject. 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 Project. The Meridian Project covered by this Consent Agreement presently consists of a single-family subdivision, presently consisting of 16 single-family lots located on approximately 8.90 acres in Concord, North Carolina. At the time of initial approval of the project, the Project may not exceed 1.8 units per gross acre of the Property, as set forth in Exhibit A, attached to this Agreement and incorporated as if more fully set forth herein. ,Any changes in such approval must be approved in accordance with the City of Concord Unified.Development Ordinance (UDO) or its successor in interest. ' 1.2 Legal Description of Property. The map description of the land covered by the Project is attached hereto as Exhibit B 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 Agreement, except by written amendment. Except as expressly set forth in this Agreement with ~. tD