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9 r <br /> 8. Preliminary development agreement phase. Projects which appear feasible are <br /> progressed to development agreement negotiations. During this phase timing, design, <br /> financing, land acquisition and a variety of other issues are addressed and resolved in the <br /> form of an agreement between the city and the developer. The agreement requires <br /> developer to secure financing, planning and other regulatory approvals and land <br /> acquisitions. <br /> 9. Development agreement phase. After an agreement is executed the developer addresses <br /> and hopefully resolves contingencies including financing, planning and other regulatory <br /> approvals and land acquisitions. After all contingencies are removed the developer may <br /> proceed with development. <br /> 10. Additional comments. In larger development areas, such a the Apache Mall area it is <br /> likely that redevelopment will occur in stages over a period of years. <br />