PRELIMINARY DEVELOPMENT AGREEMENTPreliminary Development Agreement • June 23rd, 2025 • Minnesota
THIS PRELIMINARY DEVELOPMENT AGREEMENT (“Agreement”) is made and entered into this day of , 2025 (the “Effective Date”), by the City of Marshall, Minnesota, a Minnesota municipal corporation (the “City”), the Economic Development Authority in and for the City of Marshall, Minnesota, a public body corporate and politic under the laws of Minnesota (the “EDA”), and Marshall Family Housing, LP, a Delaware limited partnership, together with any related entity, affiliate, successor or assign (the “Developer”).