The Township shall have the authority to enter into agreements
("financial agreements") with redevelopers, developers and/or other
appropriate entities, for the granting of up to five years of alternative
tax treatment, pursuant to N.J.S.A. 40A:21-1 et seq., and for a longer
term, pursuant to N.J.S.A. 40A:20-1 et seq., concerning certain projects
within the Township, subject to the following conditions.