North Carolina Statutes
§ 160D-1004 — Size and duration
A local government may enter into a development agreement with a developer for the development of property as provided in this Article for developable property of any size. Development agreements shall be of a reasonable term specified in the agreement. (2019-111, s. 2.4; 2020-3, s. 4.33(a); 2020-25, s. 51(a), (b), (d).)
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Nearby Sections
15
§ 160D-1001
Authorization§ 160D-1002
Definitions§ 160D-1003
Approval of governing board required§ 160D-1004
Size and duration§ 160D-1005
Hearing§ 160D-1006
Content and modification§ 160D-1007
Vesting§ 160D-1008
Breach and cure§ 160D-1009
Amendment or termination§ 160D-101
Application§ 160D-1010
Change of jurisdiction§ 160D-1011
Recordation§ 160D-1012
Applicability of procedures to approve debt§ 160D-102
Definitions§ 160D-103
Unified development ordinance