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(A) The city may enter into a development agreement with a developer pursuant to the Development Agreement Act, provided that the property contains a minimum of 25 acres or more of highland. The term of any development agreement shall not exceed the maximum term allowed pursuant to § 6-31-40 of the Development Agreement Act.
(B) Each development agreement must be approved by the city council through the adoption of an ordinance after complying with all of the provisions contained in the Development Agreement Act.
(Ord. 15-002, passed 2-24-15; Am. Ord. 2024-006, passed 3-12-24)
The city shall hold at least two public hearings on a development agreement. Notice of both public hearings shall be advertised in a newspaper of general circulation at least 15 days prior to the hearing date. The date, time and place of the second public hearing shall be announced at the first public hearing. The published notice must specify the location of the property subject to the development agreement, the development uses proposed on the property, and a place where a copy of the proposed development agreement can be obtained.
(Ord. 15-002, passed 2-24-15; Am. Ord. 2024-006, passed 3-12-24)
Development agreements shall be recorded in the Office of the Register of Deeds of Kershaw County within 14 days after the execution of the agreement. A development agreement may provide that if recordation does not occur within 14 calendar days after the date of approval, the city may declare such development agreement null and void, subject to any applicable cure periods.
(Ord. 15-002, passed 2-24-15; Am. Ord. 2024-006, passed 3-12-24)
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