(a) Upon completion of the negotiations and administrative process as provided in §§ 33-1.3 and 33-1.7, the council may adopt a resolution authorizing the city to enter into a development agreement and the agreement shall be effective immediately upon its execution by the mayor on behalf of the city and by all other parties to the agreement.
(b) No development agreement shall be approved by the council, unless the council finds that the provisions of the proposed development agreement are consistent with:
(1) The city’s general plan;
(2) Any applicable development plans; and
(3) The applicable zoning district designation or designations;
effective as of the date of execution of the development agreement. This subsection shall not preclude the council from finding that the provisions of a proposed development agreement are consistent with the applicable zoning district designation or designations if the council has passed on third reading a zoning district amendment ordinance with which the provisions of the development agreement would be consistent and the time period for the override of a mayoral veto has not lapsed as of the time of the finding.
(c) The authorization or execution of a development agreement shall not be construed as a granting of any necessary discretionary permit.
(1990 Code, Ch. 33, Art. 1, § 33-1.8) (Added by Ord. 96-09)