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Posts Taged developer

Development Agreements – A Useful Tool for Developers and Government Agencies (Part 2)

Part 1 of our primer on development agreements discussed the requirements for adoption and execution of development agreements enacted in accordance with the Government code commencing at Section 65864. Part 2 outlines when a development agreement requires environmental review under the California Environmental Quality Act (“CEQA”) and provides a useful tip to consider for those contemplating a development agreement.

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Development Agreements – A Useful Tool for Developers and Government Agencies

A development agreement is an agreement negotiated between a city or county and a developer with regard to a particular development. Development agreements allow a developer to lock into the rules, regulations, and policies governing permitted uses, density, design, improvements, and construction that are in effect at the time the agreement is executed. As such, development agreements are a tool developers may use to gain some certainty regarding the requirements that may be imposed on a proposed development.  This affords a developer the ability to better estimate the scope and cost of a project.

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