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May 17, 2004 Page 472 land use jurisdiction along the corridor. The planning team also held briefings for the elected officials in each of those communities. The resulting Plan consists of maps, drawings and other graphics that are incorporated within a Plan Report. In particular, maps corresponding to various Corridor segments show the existing and proposed land uses for each such segment. These segment maps also display the recommended improvements to the NC 73 roadway and to roads and streets connected to NC 73 and within the Corridor. Understanding 1. Parties to this Understanding: The Parties are: a) The municipalities and the counties having jurisdiction over 1) land use ordinances and determinations whether land uses along the NC 73 Corridor are in compliance with such ordinances; or 2) public investments along the corridor. b) The inter-governmental planning organizations having jurisdiction for transportation planning along the NC 73 Corridor. c) Centralina Council of Governments. d) North Carolina DOT Current Land Uses: Each Party commits to accept and to use its best efforts to abide by the component of the Plan that falls within that Party's land use jurisdiction (including its extra-territorial jurisdiction) along the Corridor. Each Party's relevant component of the Plan is attached to this Memorandum, and is incorporated herein. 3 o Inducements to Other Parties: Each Party understands that its commitment to its respective component of the Plan has induced other Parties to make like commitments for their respective segments of the Plan insofar as that Party has jurisdiction over the land uses within its Plan segment. Based on this understanding, each Party commits its best efforts to maintain its land use designations as shown in its respective segment of the Plan. Future Collaboration Among Parties: The Plan designates certain areas along the Corridor where further planning is needed. In most cases, those areas require collaboration among various Parties where their land use jurisdiction boundaries abut. In such cases, each Party commits its best effort to undertake that collaborative planning, including providing direction to its planning staff and/or consultants engaged for such planning purposes. At the conclusion of any such collaborative planning process, each Party commits to adopt and abide by the land use ordinances determined appropriate and consistent with the Corridor Plan. Council of Planning: The Parties agree that periodic reviews of the land uses and public investments along the Corridor will be required over time. In the spirit of effective collaboration and prudent long range planning, the Parties agree to establish a Council of Planning for the Corridor. This Council shall be comprised of at least one representative knowledgeable in regional planning issues from each Party. The Council shall meet periodically to review and discuss land uses, development trends, transportation operations and public investment requirements. 6 0 Future Actions Affecting Land Uses Along the Corridor: Ail parties recognize that future governmental entities may not be contractually bound by the adoption of this Memorandum of Understanding. In recognition of this limitation, the Parties commit to review the status of land use and public investment decisions along the Corridor periodically. Furthermore, the Parties, in good faith, commit to: 1) review the recommendations of the Council of Planning; and 2) meet periodically with other Parties regarding emerging issues along the Corridor. The intent of this paragraph is to promote periodic discussions of municipal and/or county goals, plans and strategies for maintaining effective development patterns, public investment and transportation flow along NC 73. IN WITNESS WHEREOF, the Parties, through their duly authorized representatives, have executed this Memorandum of Understanding and have attached maps relating to their respective jurisdictions, effective this day of , 2004. COUNTY OF CABARRUS COUNTY OF LINCOLN