DEVELOPMENT AGREEMENTDevelopment Agreement • July 22nd, 2022 • Massachusetts
Contract Type FiledJuly 22nd, 2022 Jurisdiction2022, by and between the Town of Maynard, a municipal corporation with an address of 195 Main Street, Maynard, Massachusetts 01754, by and through its Select Board and Planning Board (“Town” or “Maynard”), and the ASMC LLC, a domestic limited liability company with a principal address of 291 Watertown Street, Newton, Massachusetts 02458 (“Developer”) (each individually know as a “Party” and collectively known as “the Parties” to this Agreement) in accordance with Sections 9.4.5: “Mixed use and Multi-Family Reduced Area Requirement” and 7.10: “Inclusionary Zoning” of the Town of Maynard Zoning By-laws for the development of the property located at 2, 4, and 6 Powder Mill Road and 2 Waltham Street in Maynard, MA and identified as Assessor’s map number 15 and parcel numbers: 381 and 91 (“the Property”). A plan of the Property is attached hereto as Exhibit A.