(a) The City is authorized to enter into one or more agreements with property owners memorializing understandings of the landowner and the City and/or imposing terms, conditions, obligations, and rights upon annexation mutually acceptable to the parties. An annexation agreement is not required as a condition of all annexations. Nothing contained in such agreement shall supersede any provision of any ordinance, resolution, rule, or regulation of the City of Creede unless:
(1) Such agreement explicitly identifies a provision of an ordinance, resolution, or rule of the City of Creede intended to be superseded by the agreement; or
(2) A provision of such agreement directly and irreconcilably conflicts with obligations and rights of the parties otherwise made applicable by a provision of an ordinance, resolution, rule, or regulation of the City of Creede.
(b) Annexation agreements shall be approved by ordinance.
(Ord. 395 §3, 2016)