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���r����� i� ������� �i�� Pr��j��� <br /> .w ������1��� ��"�� ��� � �� : ��� �� ���' <br /> Contract between applicant (Stanford) & pubic agency (City) <br /> Neither party is require to enter into a DA <br /> Stipulates mutually agreed upon benefits and obligations of each party <br /> Developer Benefits: <br /> Facilitates Entitlements - Requested Zoning Amendment <br /> Secures Entitlements - Locks in existing City policies, regulations, <br /> codes for phased projects over time <br /> Reduces development costs for phased projects over time <br /> City Benefits: <br /> Provides a means for addressing significant unavoidable environment- <br /> al, fiscal and economic impacts such as those anticipated to result <br /> from this project. <br />