Land Use & Zoning

In Idaho, what is the purpose of a 'development agreement' between a developer and a municipality?

ATo guarantee the developer will buy city-owned land
BA contractual agreement specifying the terms and conditions under which a development will proceed, providing certainty to both parties✓ Correct
CA state-mandated contract for all subdivisions
DA document waiving all zoning requirements

Explanation

Development agreements in Idaho allow municipalities and developers to contractually specify the rights and obligations of each party during the development process. They provide the developer with regulatory certainty and the community with assurance that infrastructure and amenities will be provided.

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