Upon receiving a recommendation on the application from the Planning Commission, the City Council shall consider the application at its next available meeting. The applicant shall be given advance notice of the time, date and place of any hearing by the City Council during which the applicant’s application will be considered. The Council shall review the recommendation of the Commission and shall determine whether the proposal conforms to the criterion set forth in Section 19.86.050, and may approve or disapprove the proposed Development Agreement, or approve it subject to changes therein or conditions of approval, giving consideration to the factors set forth in Section 19.86.060. If the Council approves the Development Agreement or approves it subject to changes or conditions, it shall do so by ordinance and the agreement shall be effective upon the effective date of the ordinance. (Ord. 2006-7 § 2, 2006.)