(a) A development rights and responsibilities agreement shall include:
(1) a legal description of the real property subject to the agreement;
(2) the names of the persons having a legal or equitable interest in the real property subject to the agreement;
(3) the duration of the agreement;
(4) the permissible uses of the real property;
(5) the density or intensity of use of the real property;
(6) the maximum height and size of structures to be located on the real property;
(7) a description of the permits required or already approved for the development of the real property;
(8) a statement that the proposed development is consistent with the comprehensive plan and development regulations of the local jurisdiction;
(9) a description of the conditions, terms, restrictions, or other requirements determined by the local governing body of the local jurisdiction to be necessary to ensure the public health, safety, or welfare; and
(10) to the extent applicable, provisions for the:
(i) dedication of a portion of the real property for public use;
(ii) protection of sensitive areas;
(iii) preservation and restoration of historic structures; and
(iv) construction or financing of public facilities.
(b) An agreement may:
(1) set the time frame and terms for development and construction on the real property; and
(2) provide for other matters consistent with this division.