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a development agreement with <br /> ia not limited <br /> <br /> subject to the execution of <br /> the City. The agreement may include, but <br /> to, the following: <br /> <br /> - amount of the City's financial commitment; <br /> - specifications of the City's commitment; <br /> - terms of the City's participation (such as liens, <br /> deficiency agreements, etc.); <br /> - insurance; <br /> - financing; <br /> - conditions of the developer's participation; <br /> - events of default; <br /> - terms for transfer or assignment of agreement; <br /> - indemnification; and <br /> - termination of agreement. <br />The motion for the adoption of the foregoing resolution was duly <br />seconded by Councilmember Sorteberg and upon wote being taken <br />thereon, the following in favor thereof: <br /> <br />Fmyor Reimanu <br />Councilmember Cox <br />Councilmember DeLuca <br />Councilmember Pearson <br />Councilmember Sorteberg <br /> <br />and the following voted against the sage: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared duly passed and adopted by <br />the P. amsey City Council this the 25th da~ of August, 1987. <br /> <br />CLt~ A~i~istrator ' ' / <br /> <br />Resolution ~87-213 <br />Page 4 of 4 <br /> <br /> <br />