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