(A) The Town Council shall hold a public hearing on the proposed development agreement. Notice of the public hearing shall be given for the time and in the manner provided by § 17.008.020 of this code. The public hearing may be held concurrently with the public hearings on any other required discretionary permits or entitlements. The Town Council shall not approve the development agreement unless it makes the findings contained in § 18.04.080 to support its action. If the Town Council approves the development agreement it shall do so by the adoption of an ordinance.
(B) The town may enter into the development agreement after the effective date of the ordinance approving the same.
(Prior Code, § 18.02.090) (Ord. 629, passed - -1994)