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6 <br /> "Municipal Corporation"means Orange Rural Fire District, and as a fire protection <br /> district is a municipal corporation organized for a special purpose within the meaning of <br /> N.C. Gen. Stat. §69-25.4. <br /> "Project" means the planning, design and construction of an approximately 15,525 <br /> gross square foot building, site improvements, and associated parking with anticipated <br /> capacity for approximately (20) twenty parking spaces on the Property with adequate <br /> capacity for the Project. It is anticipated that upon completion of the Project, the Parties <br /> may convert the Property to a condominium form of ownership to be governed by covenants <br /> adopted by mutual Agreement of the Parties. <br /> "Public facilities" means the major capital improvements, including,but not limited <br /> to, transportation, sanitary sewer, solid waste, drainage, potable water, educational, parks <br /> and recreational, and health systems and facilities. <br /> "Shared Areas" are areas exclusive to a condominium owner that may be reasonably <br /> offered for use by other Parties according to a mutual agreement. <br /> "ORFD" means the Orange Rural Fire Department. <br /> "Upfit costs" means the cost of interior finishes of space in the building to be <br /> constructed on the Property such as,but not necessarily limited to,floor finishes and carpets, <br /> wall treatments, electric outlets and fixtures,plumbing fixtures, and furnishings. <br /> ARTICLE II <br /> Description of Development Agreement <br /> A. Legal Description;Property Owners. A map and the legal description of the <br /> Property are contained in Exhibit A. <br /> B. Permitted Uses. The uses permitted on the Property, including population <br /> densities and building types, intensities, placement on the Site and design, are <br /> controlled by the applicable zoning designation to the Property under the Town's <br /> Land Use Ordinance ("Luo"). <br /> C. Public Facilities. The following public facilities will service the development: <br /> 1. Off-Site Infrastructure: The Property is served by public water and sanitary <br /> sewer(Town of Hillsborough). The Property is also served by public roads <br /> under NCDOT jurisdiction and Town jurisdiction, and by storm water <br /> services administered by the Town. <br /> 2. On-Site Infrastructure: ORFD and the County shall cooperate with respect <br /> to the design of the Facilities, including the planning and development of <br /> any onsite infrastructure necessary for the construction, use and operation <br /> 4 <br />