A. An applicant for a development agreement shall possess a legal or equitable interest in the real property which is to be the subject of the development agreement. The director of community development shall require an applicant to submit proof of the applicant's interest in the real property and of the authority of any agent representing the applicant. Such proof may include a preliminary report issued by a title company licensed to do business in the state of California. Before processing the application, the director of community development shall obtain the opinion of the city attorney as to the sufficiency of the applicant's interest in the real property to enter into the development agreement.
B. In addition to the city and the applicant, any federal, state or local governmental agency may be included as a party to a development agreement. Any such additional party may be made a party to a development agreement pursuant to the provisions of the joint exercise of powers act 1 providing for joint powers agreements, or provisions of other applicable federal, state or local law, in order to create a legally binding agreement among such parties. (Ord. 2073 § 1, 1989)
Notes
1 | 1. Gov.C. § 6500 et seq. |