(a) Mandatory Requirements. A development agreement shall include the following:
(1) A description of the uses permitted on the property and any uses specifically prohibited;
(2) The density or intensity of proposed uses, including the maximum size (floor area) and height of buildings;
(3) Provisions for the reservation or dedication of land for public purposes;
(4) The proposed timing and phasing of the construction of public improvements;
(5) Assurances that adequate public facilities (including roads, water, sewer, schools, fire protection, and emergency medical services) will be available as they are needed to serve the development;
(6) Provisions to protect environmentally sensitive land on the property, and other measures to mitigate anticipated impacts from the development on the general public;
(7) Provisions for public benefits or improvements in excess of what is required by current City policy or law;
(8) The proposed timing and phasing of the development project;
(9) The termination date of the development agreement, which in no case shall be later than ten years from the date of execution of the development agreement.
(b) Optional Requirements. A development agreement may include the following:
(1) Terms and conditions relating to applicant financing of necessary public facilities and subsequent reimbursement over time; or
(2) Terms, conditions, restrictions, and requirements for subsequent discretionary actions, provided such terms, conditions, restrictions, and requirements shall not prevent the development of the property for the uses and to the density and intensity of development set forth in the agreement.
(Ord. 18-93. Passed 10-15-19.)