(A) A development agreement shall include the following:
(1) A legal description of the land subject to the agreement and the names of its legal and equitable owners;
(2) The duration of the agreement;
(3) The development uses permitted on the land, including population densities, and building intensities and height;
(4) A description of public facilities that will service the development, including who shall provide such facilities; the date any new facilities, if needed, will be constructed; and a schedule to assure public facilities are available concurrent with the impact of the development;
(5) A description of any reservation or dedication of land for public purposes;
(6) A description of all local development permits approved or needed to be approved for the development of the land;
(7) A finding that the development permitted or proposed is consistent with the local government's comprehensive plan and land development regulations;
(8) A description of any conditions, terms, restrictions, or other requirements determined to be necessary by the local government for the public health, safety, or welfare of its citizens; and
(9) A statement indicating that the failure of the agreement to address a particular permit, condition, term, or restriction shall not relieve the developer of the necessity of complying with the law governing said permitting requirements, conditions, term, or restriction.
(B) Any development agreement may provide that the entire development or any phase thereof be commenced or completed within a specific period of time.
(Ord. 512, passed 6-21-90)