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The City Council may establish a Development Agreement between the City and any person having a legal or equitable interest in real property for the development of that property. Development Agreements that do not include a development application are not governed by the City’s Development Code, and may be established in any manner deemed appropriate by the Council, consistent with the Council’s authority under the City’s Charter. Development Agreements that contain a development application are governed by this section. The following include but are not limited to situations that may require a Development Agreement as described by this section:

A. Multiple party or partnership situations.

B. Large infrastructure requirements.

C. Timing issues.

D. Litigation.

E. Urban renewal. [Ord. NS-2122, 2009; Ord. NS-2016, 2006]