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proposed development. The Commission, municipality(ies), state agency(ies), and Qualified <br /> Applicants may enter into a development agreement. <br /> PARTICIPATING PARTIES —those entities who have been selected by a Qualified Applicant <br /> to consider a particular Development Agreement, including the Qualified Applicant, and a <br /> municipality(ies), and/or a state agency(ies)."; <br /> Replace the current language of Subsection C. with the following: <br /> "C. Who May Participate in a Development Agreement. <br /> A development agreement may be executed by and between the Town, a Qualified <br /> Applicant and <br /> 1. the Cape Cod Commission; or <br /> 2. the Cape Cod Commission and another municipality or municipalities within <br /> which the development is proposed; or <br /> 3. the Cape Cod Commission and another municipality or municipalities within <br /> which the development is proposed and with a state agency or agencies; or <br /> 4. another municipality or municipalities within which the development is proposed; <br /> or <br /> 5. a municipality or municipalities within which the development is proposed and a <br /> state agency or agencies. <br /> Those parties selected to participate are referred to within this Section as "Participating <br /> Parties." <br /> Amend Subsection D. by adding the phrase "by the Town" to its title, by substituting the phrase <br /> "Participating Parties" for the phrase "authorized parties"where it appears in current Subsections <br /> D.1. and D.2. and by adding the following paragraph after the title: <br /> "Development Agreements involving the Cape Cod Commission shall be negotiated and <br /> executed in accordance with Section 5 of Chapter D of the Code of the Cape Cod Commission <br /> Regulations of General Application."; <br /> Amend Subsection E.1. by adding the word "fair" before the phrase "affordable housing" and by <br /> replacing the phrase "recreational facilities"with the phrase "recreational uses"; <br /> Replace the fourth sentence of Subsection E.2. with the following: <br /> "A Development Agreement shall vest land use development rights as described in Section 14(a) <br /> of the Cape Cod Commission Act and Section 7 of Chapter D of the Code of Cape Cod <br /> Commission Regulations of General Application, as revised, for a period or periods specified in <br /> the Agreement. When the Town is not a party to a Development Agreement, then land use <br /> 20 <br />