(a) An agreement shall include: (1) a description of the real property subject to the agreement;(2) the parties involved;(3) the specific purposes of the agreement;(4) the duration of the agreement;(5) a physical description and location of the structures and supporting facilities and features on the real property;(6) a description of all anticipated permits required or already approved for the development of the real property;(7) provisions for the construction or financing of adequate public facilities for schools;(8) a statement that the proposed development is consistent with:(i) the Commission's general plan; and(ii) all applicable development laws and regulations; and(9) a description of the requirements determined by the county planning board to be necessary to ensure the public health, safety, and welfare.(b) An agreement may: (1) establish the terms by which and a period of time when development, or individual phases, shall begin and be completed; and(2) provide for other matters in accordance with this division.