A development agreement is a contract between a local county or municipality and a private party (land owners or developer) that helps both parties work together throughout the development process for a specific development project. Land owners and developers like development agreements because they provide regulatory and political assurances during the development process that make projects more viable. These assurances pertain to development phasing, rules and regulations pertaining to the development of a specific property, critical infrastructure responsibilities and coordination, and more. Local counties and municipalities like development agreements because they are a way to incentivise development, promote economic growth, and ensure that proposed development is in compliance with adopted rules and regulations and the overall vision of the community.
Development agreements are legal in Utah and are governed by §10-9a-532 of Utah State Code. Jurisdiction-specific requirements may also be found or outlined in an individual county or municipality’s code.
Special Note: The Office of the Property Rights Ombudsman has provided funding for this training program from the 1% surcharge on all building permits in the State of Utah.