DEVELOPMENT AGREEMENTDevelopment Agreement • May 31st, 2013
Contract Type FiledMay 31st, 2013THAT WHEREAS, Sawicki is the owner of two parcels of land located within the corporate boundaries of the City, bearing tax code identification number 24-13-301-006 and 24-13- 301-008 and consisting generally and collectively of 2.75 acres m/o/l , improved with parking lots, and Operator is the owner of one parcel of land located within the corporate boundaries of the City, bearing tax code identification number 24-13-326-006 and consisting generally of 2.06 acres m/o/l located at 1260 North 7th Street, improved with a commercial building and parking lot, which is currently used as an automobile dealership (collectively "the Property", provided however it is not intended to include within the meaning of the word Property tax code parcel number 24-13-326- 005 commonly known as “Cars and Credit”), all as legally described on Exhibit A attached hereto