The Agreement

This section includes the final development agreement reached between the city and the developers. Also included are the city's financial calculations in the months and weeks before and after the deal was reached, including numbers given by Virginia Beach staff to the developer before an auction to buy the Cavalier even took place. 

As more development deals go forward, it's crucial that the city abide by the terms of all of its agreements, and act at all times in the interest of taxpayers. Judge for yourself whether the development agreement is being followed, and note the various disagreements expressed by some staff members.

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