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What is a Development Agreement?

A development agreement is a voluntary, negotiated contract under which the applicant agrees to provide certain benefits which contribute to one or more of the following: infrastructure; public capital facilities; land dedication or preservation; fair, affordable housing either on-site or off-site; employment opportunities; community facilities; recreational uses; or other benefits to serve the proposed development, municipality, and county, including site design standards to ensure preservation of community character.  It establishes the permitted uses, densities, and all other aspects of a development to limit off-site impacts attributable to it, the duration of the agreement, and any other terms or conditions mutually agreed upon between the applicant and all other parties to the agreement. Municipalities and state agencies may participate in the development agreement process.  

Where can I learn more about Development Agreements?


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