{"data":{"id":"us-nc/n.c.-gen.-stat.-160d-1003","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 160D-1003","heading":"Approval of governing board required.","body":"(a)\tA local government may establish procedures and requirements, as provided in this Article, to consider and enter into development agreements with developers. A development agreement must be approved by the governing board of a local government following the procedures specified in G.S. 160D-1005.\n(b)\tThe development agreement may, by ordinance, be incorporated, in whole or in part, into any development regulation adopted by the local government. A development agreement may be considered concurrently with a zoning map or text amendment affecting the property and development subject to the development agreement. A development agreement may be concurrently considered with and incorporated by reference with a sketch plan or preliminary plat required under a subdivision regulation or a site plan or other development approval required under a zoning regulation. If incorporated into a conditional district, the provisions of the development agreement shall be treated as a development regulation in the event of the developer's bankruptcy. (2019-111, s. 2.4; 2020-3, s. 4.33(a); 2020-25, s. 51(a), (b), (d).)","path":["Chapter 160D. Local Planning and Development Regulation.","Article 10. Development Agreements."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_160D/GS_160D-1003.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:25:57Z","sha256":"53e6380ffb0ea6ba7f33662b9334dfcc764a4a633afafb41c0f6b1860a8ce8f9","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-160d-1002","next":"us-nc/n.c.-gen.-stat.-160d-1004"},"notice":"GroundRules: Original legal text. Not legal advice."}