Pursuant to RCW 36.70B.170, the city may enter into a written development agreement with a person having ownership or control of real property within its jurisdiction. The execution of a development agreement is a proper exercise of city police power and contract authority. A development agreement may obligate a party to fund or provide services, infrastructure, or other facilities. A development agreement shall be consistent with applicable development regulations. A development agreement shall reserve authority to impose new or different regulations to the extent required by serious threat to public health and safety.
(Ord. 2013-04 § 2 (Exh. A (part)), 2013)