Development Covenant Sample Contracts

SCHEDULE “W”
Development Covenant • October 6th, 2017
DEVELOPMENT COVENANTS PROPOSED PUD B­1 ZONING FOR THE MAXPAC SITE
Development Covenant • February 20th, 2007

ACQUISITION, LLC, Massachusetts limited liability companies, both with a usual address of 20 Park Plaza, Suite 468, Boston, MA 02116 (collectively, the “Developer”), and the CITY OF SOMERVILLE, a Massachusetts municipal corporation with usual address of 93 Highland Avenue, Somerville, MA 02143 (“City”).

DEVELOPMENT COVENANT
Development Covenant • January 1st, 2010 • Massachusetts

This DEVELOPMENT COVENANT (this “Covenant”) is made as of the day of , 2017 (the “Effective Date”) by and between the CITY OF SOMERVILLE (the “City”), a municipal corporation with an address of 93 Highland Avenue, Somerville, Massachusetts 02143, and UNION SQUARE STATION ASSOCIATES LLC (“US2”), a Delaware limited liability company with an address of 31 Union Square, Somerville, MA 02143.

DEVELOPMENT COVENANT
Development Covenant • April 3rd, 2017 • Massachusetts

, 2017 (the “Effective Date”) by and between the CITY OF SOMERVILLE (the “City”), a municipal corporation with an address of 93 Highland Avenue, Somerville, Massachusetts 02143, and UNION SQUARE STATION ASSOCIATES LLC (“US2”), a Delaware limited liability company with an address of 31 Union Square, Somerville, MA 02143.

TERMS OF INSTRUMENT - PART 2
Development Covenant • May 26th, 2016

SEWELL’S LIMITED, a company incorporated under the laws of the Province of British Columbia and having its registered and records office at 700 – 401 West Georgia Street, Vancouver, BC V6B 5A1

section 219 Land Title Act) This Agreement dated for reference the 4th day of April, 2018. BETWEEN:
Development Covenant • April 5th, 2018

THEREFORE in consideration of the mutual promises exchanged in this Agreement, the parties agree pursuant to s. 516 of the Local Government Act as follows:

DEVELOPMENT COVENANT BY AND BETWEEN
Development Covenant • April 23rd, 2015

COMMISSIONERS OF CAMBRIDGE, a body corporate and body politic of the State of Maryland (hereinafter referred to as the “City”), located at 410 Academy Street, Cambridge, Maryland 21613, and (hereinafter referred to as the “Developer," as such term is further defined herein) with a mailing address of .

This Agreement dated for reference the day of , 2018. BETWEEN:
Development Covenant • May 31st, 2018

THEREFORE in consideration of the mutual promises exchanged in this Agreement, the parties agree pursuant to s. 516 of the Local Government Act as follows: