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July 26, 2004 Page 570 <br /> <br />3 o <br /> <br />Plaintiffs will submit petitions for voluntary annexation of the <br />lots in Brandon Ridge Subdivision and Park Place Subdivision <br />into Concord at the same time as applications for final plat <br />approval of each phase of the subdivisions are submitted to <br />Cabarrus County for approval, but prior to the conveyance of any <br />lot on any such recorded final plat. The parties agree that the <br />effective date of any ordinance of annexation enacted by Concord <br />upon such petition shall be the latest date allowable under <br />applicable law, up to a maximum of twenty-four months from the <br />date of adoption of the annexation ordinance. Concord and <br />Plaintiffs agree to work together to seek and to support local <br />legislation authorizing such twenty-four month delayed effective <br />date, notwithstanding any contrary or different provisions of <br />the General Statutes of North Carolina applicable to such <br />petitions for voluntary annexation. <br /> <br />Due Authorization. Each party warrants to every other party that it <br />has the requisite capacity and authority to enter into and to perform <br />the terms of this mediation agreement and that all actions have been <br />taken necessary to duly authorize the execution and performance of <br />this agreement, subject only to the necessity to obtain the local <br />enabling legislation referred to in item G (2) herein. <br /> <br />Time to Execute. This Agreement shall be executed by all parties no <br />later than 5:00 PM on July 9, 2004. <br /> <br />In witness whereof, the parties have executed this agreement this the <br />8tn day July, 2004. <br /> <br />ATTEST: <br />/s/ Rainae Little <br /> <br />Secretary <br /> <br />Plaintiffs: <br />Craft Development LLC <br />By: /s/ Dan Johnson <br /> <br />Craft Homes USA LLC <br />By: /s/ David Cuthbertson <br /> <br />ATTEST: <br />/s/ Rainae Little <br /> <br />Secretary <br /> <br />ATTEST: <br />/s/ Vickie Weant <br /> <br />Vickie Weant, City Clerk <br /> <br />ATTEST: <br />/s/ Frankie F. Bonds <br /> <br />County Clerk <br /> <br />ATTEST: <br />/s/ Frankie F. Bonds <br /> <br />District Clerk <br /> <br />Defendants: <br />City of Concord <br />By: /s/ Scott Padqett <br /> <br />Scott Padgett, Mayor <br /> <br />County of Cabarrus <br />By: /s/ Robert M. Freeman <br /> <br />Robert Freeman, Chairman <br /> <br />Water and Sewer District of Cabarrus <br />County <br />By: /s/ Robert M. Freeman <br /> <br />STATE OF NORTH CAROLINA <br /> <br />COUNTY OF CABARRUS <br /> <br />J. ROBERT MORRISON and wife MARY WHITE <br />MORRISON; JAMES) ROBERT MORRISON and <br />MARY) WHITE MORRISON, Co-Trustees of) <br />The J. R. Morrison Living Trust; and) <br />MORRISON CREEK, LLC,) <br /> <br />Plaintiffs, <br /> <br />-VS - <br /> <br />IN THE GENEP~AL COURT OF J73STICE <br />SUPERIOR COURT DIVISION <br />File No. 03 CVS 2462 <br /> <br /> <br />