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<br />". <br /> <br />.. .. <br /> <br />B) Within six months of the adoption ofa moratorium by the County, as set forth below, <br />the City Council will adopt a five-year annexation plan. After the adoption of the <br />annexation plan the City may require residential subdivisions located within the five- <br />year annexation planning areas to submit petitions for voluntary annexation as a <br />condition of connecting to the City's utility lines. <br /> <br />3) The County Commissioners of CabaITUs County agree to immediately institute the process <br />required to impose a moratorium on the consideration of residential subdivision applications in <br />the unincorporated areas of the County. The moratorium shall be for a period of 6 months' <br />following the required notice, public hearing and adoption. During the moratorium period the <br />'County agrees to prepare new development and zoning ordinances substantially similar to those <br />in use in Mt., Pleasant, Barrisburg, Concord and Kannapolis. The County agrees to adopt these <br />new ordinances at or before the end of the moratorium. ' <br /> <br />4) The City of Concord shall endorse the County's effort to revise its development ordinances <br />and set the effective dates of future annexations of residential properties occurring during the <br />moratorium at six months from the date of adoption of the annexation ordinance, or the date of <br />the end of the moratorium, whichever is sooner. ' <br /> <br />5) The City and County agree that all property owners who have submitted any preliminary <br />applications to the City under the Concord City Code Section 62-81 or any preliminary , <br />subdivision plats to the County prior to the enactment of the moratorium shall be pennitted to <br />' proceed through the development review process under the ordinances and regulations in effect <br />atthe date of execution of this Memorandum. It is, however, expressly acknowledged and <br />understood that by allowing such applications to proceed under the now existing ordinances and <br />, regulations that County does not agree or concede that such ordinances ,and regulations are <br />' lawful or proper. It is also expressly acknowledged and understood that the City does maintain <br />"that such ordinances and regulations are lawful and proper. <br /> <br />6) The City Council and Board of Commissioners agree to embark on a comprehensive land <br />use/growth management plan, along with Kannapolis, ifKannapolis agrees, for the Northwest <br />Cabarrus County area, using the Highway 73 Corridor study as a basis. The planning will begin <br />immediately and is to be completed and implemented, including adoption of any necessary <br />ordinances, within six months. (Northwest Cabarrus County is the unincorporated portions of <br />Cabarrus County Townships 2, 3 and 4 that are located north of 1-85). <br /> <br />7) The City Council and Board of Commissioners agree to review and amend as necessary the <br />various utility agreements between the City and the County, beginning with ~e contracts listed <br />in the litigation above, within six months. The City and County agree to ask the Court to hold in <br />abeyance the cross- and counter-claims of the County vs. City and the City vs. the County <br />pending the implementation of the tenDS of this Memorandum, and upon the City and County <br />agreeing and acknowledging that the tenDS of this Memorandum have been fulfilled agree to file <br />with the Court a Stipulation of Dismissal with Prejudice of all claimshy and between the City <br />and County, including cross claims and counterclaims. If the City and County detennine that the <br />implementation of this Memorandum requires the entry of a Consent Partial Judgment between <br /> <br />F-4- <br /> <br /> <br />2 of3 <br />