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<br />November 7, 2005 - Recessed Meeting/Work Session <br /> <br />Page <br /> <br />389 <br /> <br />(i) By the end of calendar year 2007, no more than 58 certificates <br />of occupancy may have been issued. <br /> <br />(ii) By the end of calendar year 2008, no more than 116 certificates <br />of occupancy may have been issued. <br /> <br />(iii) By the end of calendar year 2009, no more than 174 <br />certificates of occupancy may have been issued. <br /> <br />(iv) By the end of calendar year 2010, no more than 232 certificates <br />of occupancy may have been issued. <br /> <br />(v) By the end of calendar year 2011, no more than 292 certificates <br />of occupancy may have been issued. <br /> <br />3. Within three (3) days of approval of the Application and Plat, <br />Orleans shall enter into a consent agreement with the County pursuant to <br />which Orleans, or any successor in interest, shall agree to pay a $4,034 per <br />lot fee to the County to advance school adequacy. The $4,034 per lot fee <br />shall be paid to the County as follows: <br /> <br />(a) Contemporaneously with the recordation of a final plat for any phase of <br />the Proposed Subdivision, Orleans, or any successor in interest, shall pay to <br />the County an amount equal to the product of the number of lots platted on <br />the relevant final plat and the $4,034 per lot fee. For example, if a <br />recorded final plat contains fifty (50) lots, then the aggregate school <br />adequacy fee payable to the County upon the recordation of such final plat <br />shall be $201,700. <br /> <br />(b) Orleans, or any successor in interest, shall not be obligated to pay <br />the per lot fee for any lot that has not been platted on a recorded final <br />plat. <br /> <br />A copy of the consent agreement to be entered into by Orleans and the County <br />is attached hereto as Exhibit B and incorporated herein by reference. <br /> <br />4. The Plat and any subsequent modifications thereto shall be processed <br />in accordance with the Subdivision Ordinance and the Zoning Ordinance as they <br />existed on December 20, 2004, and, except as otherwise provided herein, all <br />policies in effect as of December 20, 2004. <br /> <br />5. The development of the Proposed Subdivision (including the <br />individual lots located therein) on the subdivision Parcel shall be governed <br />by the Subdivision Ordinance and the Zoning Ordinance as they existed on <br />December 20, 2004, and, except as otherwise provided herein, all policies in <br />effect as of December 20, 2004. The owner of the Subdivision Parcel shall <br />have the right to develop the Subdivision Parcel in accordance with the Plat <br />attached hereto as Exhibit A and incorporated herein by reference. <br /> <br />6. Except as otherwise may be specifically provided herein and subject <br />to the obligations and responsibilities of the parties under the terms and <br />provisions of this Consent Order and the enforcement thereof, Orleans and <br />Shiloh, for themselves and their successors and assigns, subsidiaries, <br />affiliates and all shareholders, members, employees, attorneys or agents, <br />hereby release and forever discharge the defendants, and their successors and <br />assigns, of, from and against all claims, demands, actions, causes of action, <br />losses, damages or liabilities which Orleans and Shiloh, and their successors <br />and assigns, have or may have against the defendants arising out of or in any <br />way relating to the denial of the Appeal and the Application, or to the <br />constitutionality of the Adequate Public Facilities Standards set out in <br />Chapter 4, Section 17 of the Subdivision Ordinance. <br /> <br />7. Except as otherwise may be specifically provided herein and subject <br />to the obligations and responsibilities of the parties under the terms and <br />provisions of this Consent Order and the enforcement thereof, the defendants, <br />for themselves and their successors and assigns, hereby release and forever <br />discharge Orleans and Shiloh, and their successors and assigns, of, from and <br />against all claims, demands, actions, causes of action, losses, damages or <br />liabili ties which the defendants, their successors and assigns, have or may <br />have against Orleans and Shiloh arising out of or in any way relating to the <br />filing of the Complaint and the pursuit of the claims set forth therein. <br /> <br />8. Each party to this action shall bear its, his or her own attorneys' <br />fees, expenses and costs associated with this action. <br />