SECOND AMENDMENT TO DEVELOPMENT AGREEMENT ESTABLISHING DEVELOPMENT STANDARDSDevelopment Agreement • February 15th, 2024 • Texas
Contract Type FiledFebruary 15th, 2024 JurisdictionThis Second Amendment to the Development Agreement Establishing Development Standards for Monarch Ranch (this “Second Amendment”) is dated effective February , 2024 ( the “Second Amendment Effective Date”) and is entered into between the City of Manor, a Texas home-rule municipal corporation (the “City”), Monarch Ranch at Manor, LLC, a Texas limited liability company (“Monarch Developer”), Enfield Partners LLC, a Texas limited liability company, as to a 40% undivided ownership interest, Birdview LLC, a Texas limited liability company, as to a 10% undivided ownership interest, MP 973, LLC, a Texas limited liability company, as to a 25% undivided ownership interest, and Payne Travis LLC, a Texas limited liability company, as to a 25% undivided ownership interest (collectively “Enfield Developer”) (collectively referred to as the “Developers”), and Gregg Lane Dev LLC, a Texas limited liability company (“Gregg Lane Dev LLC”) hereby joins and consents to this Second Amendment for the limite