Common Contracts

2 similar Development Agreement contracts

Contract
Development Agreement • May 13th, 2021 • Texas

NOW, THEREFORE, for and in consideration of the above stated recitals, which are made a part of this Agreement, the benefits described below, plus the mutual promises expressed herein, the sufficiency of which is hereby acknowledged by the Parties, the Parties hereby contract, covenant and agree as follows:

DEVELOPMENT AGREEMENT BETWEEN CITY OF KYLE, TEXAS, AND
Development Agreement • May 13th, 2021 • Texas

This Development Agreement (“Agreement”) is by and between the City of Kyle, Texas, a home rule city situated in Hays County, Texas (the “City”) and Meritage Homes of Texas, LLC, an Arizona limited liability company (“Developer”). The term “Parties” or “Party” means the City and the Developer collectively or singularly.