(a) At such time as the City Law Director has reduced the terms of the proposed Development Agreement to written contractual form, Mayor shall transmit the draft Development Agreement to City Council and Planning Commission with his written recommendation regarding adoption of the Development Agreement. Upon receipt of the draft Development Agreement and Law Director's recommendation, Planning Commission shall schedule a public hearing. Said public hearing shall be advertised at least seven (7) days before the public hearing date. Notice of intent to consider said Development Agreement shall also be mailed to all property owners abutting the subject land, or lying within five hundred (500) feet of the subject land, not less than thirty (30) days prior to the bearing at the Planning Commission. The applicant for the Development Agreement shall furnish an updated listing of the complete names and addresses of the affected owners. Said notice shall specify the location of the land subject to the Development Agreement, the development uses proposed on the property, the proposed population densities and building heights, and shall specify where a copy of the proposed agreement can be obtained.
(b) Prior to Council action, the proposed Development Agreement shall have been reviewed at a public hearing by the Planning Commission, and its recommendation as to its execution, and any conditions or amendments shall have been provided to City Council. In the event that Planning Commission has failed to provide a recommendation to the City Council within sixty (60) days from the date that such Development Agreement has been submitted to it for action, this requirement may be waived by the City Council.
(c) At its discretion, City Council may conduct a second public hearing to accept further testimony or to provide additional clarification of the project, proposed conditions or amendments. This second public hearing shall be advertised and notice provided in the same manner as the Planning Commission public hearing described in Section 1203.09(a).
(d) Council may, by a majority vote, approve the form and execution of the Development Agreement at any regular or special meeting following the Planning Commission public hearing; however, no action shall be taken in less than thirty (30) days following the Planning Commission public hearing so as to assure adequate time for consideration of public comments. Notice requirements in the same manner as the Planning Commission public hearing described in Section 1203.09(a). (Ord. 173-2000. Passed 12-17-00.)