§ 160A-400.23 - Developed property criteria; permissible durations of agreements.

NC Gen Stat § 160A-400.23 (2019) (N/A)
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160A-400.23. Developed property criteria; permissible durations of agreements.

(a) A local government may enter into a development agreement with a developer for the development of property as provided in this Part for developable property of any size, including property that is subject to an executed brownfields agreement pursuant to Part 5 of Article 9 of Chapter 130A of the General Statutes. Development agreements shall be of a reasonable term specified in the agreement.

(b) Repealed by Session Laws 2015-246, s. 19(b), effective October 1, 2015.