The City Council finds that it may be in the city's best interest to enter into a Development Agreement when a project is to:
(A) Be phased over a period of years;
(B) Receive a density bonus;
(C) Consist of 20 residential units or more;
(D) Occupy more than two acres;
(E) Be a project subject to development approval pursuant to this Title 16;
(F) Involve the amendment of the General Plan of the city;
(G) Involve the formation of any assessment, benefit, maintenance, or special benefit district, or for the installation of required or necessary on-site or off-site improvements or infrastructure;
(H) Involve mitigation measures imposed upon a development project as a consequence of the approval of an environmental impact report in which such mitigation measures are a condition as a mechanism for eliminating or reducing environmental impacts; or
(I) Proceed upon a determination by the City Council to be in the best interests of the city.
(Ord. 1104, passed 7-19-04)