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).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160D - Local Planning and Development Regulation
Article 10 - Development Agreements.
§ 160D-1003 - Approval of governing board required.
§ 160D-1004 - Size and duration.
§ 160D-1006 - Content and modification.
§ 160D-1008 - Breach and cure.
§ 160D-1009 - Amendment or termination.