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A development agreement is a specialized contract between a local government and a property owner or developer. It primarily focuses on two key aspects: the development of private and public infrastructure needed for the project, and the establishment of a timeline for the project's execution over several years. The agreement aims to set clear rules and regulations for the duration of the development, providing certainty for both the landowner and the local government throughout the process. This differentiates it from other types of contracts that may not encompass such specific long-term planning and infrastructure development.