Structuring Real Estate Development Agreements With Municipalities

Leveraging Agreements for Long-Term Development Projects and Addressing Land Use and Infrastructure Issues

A live 90-minute premium CLE webinar with interactive Q&A


Tuesday, June 9, 2020 (in 9 days)

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE webinar will provide practical guidance for land use and real estate counsel on structuring and negotiating development agreements with municipalities for property development or redevelopment. The panel will discuss terms to ensure implementation and protect against challenges to the agreement.

Description

Development agreements offer stability to local governments and developers, securing development rights during slow economic growth. Benefits include flexibility for long-term multi-phased development projects, greater vested rights assurances for developers, and management of infrastructure and other developer obligations.

Development agreements provide for the certainty of governing regulations, predictability, easier financing, the facilitation of a municipality's comprehensive planning goals, and commitments for public facilities and off-site infrastructure.

Counsel negotiating development agreements should include terms to ensure implementation and to protect against challenges such as allegations of illegal contract zoning and violations of Constitutional nexus limitations. The panel will address ways to incorporate community benefits into development agreements in order to optimize the likelihood of approval on the one hand, while minimizing unlimited development costs that can compromise project feasibility and complicate development agreements.

Listen as our authoritative panel of land use and real estate counsel examines the benefits of development agreements and how to structure and negotiate terms for the owner/developer. The panel will offer practical guidance on ways to avoid or handle challenges to the agreements.

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Outline

  1. Value of development agreements
  2. Challenges
    1. Illegal contract zoning
    2. Spot zoning
  3. Statutes providing for agreements
    1. Aim
    2. Limits
  4. Terms to protect against challenges and ensure implementation
  5. Community benefits agreements

Benefits

The panel will review these and other key issues:

  • What terms should be included in development agreements to avoid or respond to potential challenges to the agreements?
  • How can development agreements provide benefits to owners/developers?
  • How can community benefits agreements enhance or complicate development agreements?

Faculty

Guerra, Alicia
Alicia Guerra

Shareholder
Buchalter

Ms. Guerra's practice focuses on local, state and federal land use entitlement, permitting and environmental review...  |  Read More

Long, Reginald
Reginald A. Long

Co-Managing Partner
Love and Long

Mr. Long focuses his practice on project development, project and corporate finance, banking, secured transactions,...  |  Read More

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Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$347

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48 hours after event

$347

DVD

10 business days after event

$347 + $24.45 S&H