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C. Will the request lead to the devalou~ent of certain <br /> public iwprov~nts which will, in turn, attract <br /> additional future private development? <br /> <br />D. Will the request encourage/assist future devalo~ent <br /> in the area? <br /> <br />E. Will the request, increase the tax base of the City? <br /> <br />Section 4. Once Staff and the Commissions have reviewed the <br />request, their comments and recommendations are forwarded to the <br />City Council for their consideration. In addition to these <br />oc~ments, the Council will consider the following matters.. <br /> <br />A. Will the request benefit the City as a whole? <br /> <br />B. Will the request ,ncoura~ oth~ privat, ~v~lo~nt <br /> of the area? <br /> <br />C. Does the Council feel that this request will not occur <br /> without ~ci~ financial assistance? <br /> <br />Section 5. If the Council approves a request for financial <br /> <br />assistance, all approvals will be contingent upon the developer <br />entering into a development agreement with the City. This <br /> <br />agre~ent shall be drafted by the City's bond coun~l and will <br />specify, but is not limited to, the following.- <br /> <br />A. '/he City's financial co,migent; <br /> <br />B. (l)r~'litions of the City's participation; <br /> <br />C. Insurance; <br /> <br />D. Conditions of the devalop~r's participation; <br /> <br />E. ~nts of default; <br /> <br />F. Ter~s for transfer or assignment of agre~m~.nt; <br /> <br />G. Indemnification; and <br /> <br />H. Tera-ination of agreement. <br /> <br /> <br />