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Sec. 17.54.090. Rights by agreement. <br />The city council in its sole discretion may enter into agreements with <br />landowners providing that property rights shall be vested for a period exceeding <br />three years, or that property rights shall be vested for provisions of a planned unit <br />development (PUD) preliminary development plan, or both, where warranted in <br />light of all relevant circumstances, including, but not limited to, the size and <br />phasing of development, economic cycles, and market conditions. Such <br />agreements shall be adopted as legislative acts subject to referendum. <br />Section 6. <br /> If any portion of this ordinance is held to be invalid for any reason, such <br />decision shall not affect the validity of the remaining portions of this ordinance. The City Council <br />hereby declares that it would have passed this ordinance and each part hereof irrespective of the fact <br />that any one part be declared invalid. <br /> Section 7. <br />All other ordinances or portions thereof inconsistent or conflicting with this <br />ordinance or any portion hereof are hereby repealed to the extent of such inconsistency or conflict. <br /> INTRODUCED, READ, PASSED ON FIRST READING, AND ORDERED <br />PUBLISHED <br /> this ______ day of ___________, 2010. <br /> ______________________________ <br /> Charles L. Sisk, Mayor <br />ATTEST: <br />______________________________ <br />Nancy Varra, City Clerk <br />APPROVED AS TO FORM: <br />______________________________ <br />Light, Harrington & Dawes, P.C. <br />City Attorney <br />3 <br />266 <br /> <br />