Land Use & Zoning
In Indiana, a 'development agreement' between a local government and a developer:
AGives the developer immunity from all future zoning changes for the project site
BProvides mutual commitments on permitted uses, infrastructure, and timelines in exchange for regulatory certainty✓ Correct
CRequires the developer to donate land to the local government
DIs only used for projects over 100 acres
Explanation
A development agreement is a negotiated contract between a local government and a developer establishing mutual commitments regarding the scope of development, infrastructure contributions, and schedule in exchange for regulatory certainty for the developer.
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