Property Subject to Agreement. The property subject to this Agreement includes all of the approximately 643 acres of the Carolina North Tract included within the corporate limits of the Town as depicted in Exhibit A. All of the property subject to this Agreement is owned by the State of North Carolina for the use and benefit of the University. This Agreement limits development of buildings within the Carolina North Tract to that 133 acre portion of this land area depicted in Exhibit C. Future development agreements may address additional development within the Carolina North Tract, such as subsequent phases of the long-term development depicted in the University’s long-range development plan for Carolina North.
Appears in 8 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
