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¢. Will the reguest lead to the develop~nt ~f certain <br /> public h~prov~nts which w~11, in turn, attract <br /> ack~t~oval future p~ivate c~veloN~ent? <br /> <br />D. Will the .request enoourage/ass~st future c~velo~ent <br /> in the area? <br /> <br />E. Will the request ir~ease the ~ax base of the <br /> <br />S~ction 4. Once Staff and the Co==issions have reviewed the <br />request, their cements and recorren~at~ons are forwarded to the <br />City Council for their consideration. In addition to these <br />comments, the Counc// will consider the followin9 ratters.. <br /> <br />A. Wi3/ the request benefit the CLty as a whole? <br /> <br />wLu the request ~noou~age other ~iva~e ~elop~nt <br />of the area? <br /> <br />C. Does the Counc~ feel that this request will not occur <br /> withou~ wuntci~ financial assistance? <br /> <br />Section 5. If the Council approves a request for financial <br />assistance, all approvals wL11 be contingent upon the developer <br />entering into a development agreement with the City. This <br />agre~ent shall be drafted by the City's bon~ counsel and will <br />specify, but is not liwited to, the following.- <br /> <br />A. ~e City's financial <br /> <br />B. Co=litions of the City's lmrticipation; <br /> <br />D. (bncl~tions of the developer's pexticip~tion; <br /> <br />E. ~nts of d~fault; <br /> <br />F. Terms for transfer or assigrm~nt of agreement; <br /> <br />G. Ind~mification; and <br /> <br />H. Te=inat/on of agree~nt. <br /> <br /> <br />