Common Contracts
1 similar Development Agreement contracts
DEVELOPMENT AGREEMENTDevelopment Agreement • July 3rd, 2021 • California
This Development Agreement (the “Agreement”) is made and entered into by and among the CITY OF ALHAMBRA, a municipal corporation (referred to hereinafter as “City”), ELITE- TRC ALHAMBRA COMMUNITY LLC, a Delaware limited liability company, ELITE-TRC NORTH PARCEL LLC, a Delaware limited liability company (referred to collectively hereinafter as “Alhambra Community Owner”), and THE CORNER COMPANY, LLC, a California limited liability company (referred to hereinafter as “Corner Company Owner”, and together with the Alhambra Community Owner, individually or collectively, as the context may require, “Developer”). City and Developer are referred to hereinafter individually as “Party” and collectively as “Parties.” In consideration of the mutual covenants and agreements contained in this Agreement, City and Developer agree as follows:
