REDMOND 22] DEVELOPMENT AGREEMENT [DRAFT FEBRUARY 27, 2025]Development Agreement • February 27th, 2025 • Washington
, 2025 (“Effective Date”), by and between the City of Redmond (“City”), a Washington municipal corporation, and [Owner Entity] (“Owner”), a [Delaware] limited liability company. The City and Owner are referred to herein collectively as the “Parties” and individually as a “Party.”