If a development agreement relates to property located outside the incorporated area of the city, the development agreement does not become operative unless annexation proceedings to annex the property to the city are completed within the period of time specified by the development agreement or any extension of such time. Any development agreement relating to such property shall specify a time period within which such property shall be annexed to the city.
(Ord. 3020, passed 9-10-2013, § 4.55.13)