MEMORANDUM OF AGREEMENTMemorandum of Agreement • November 7th, 2022 • Massachusetts
Contract Type FiledNovember 7th, 2022 JurisdictionThis Memorandum of Agreement (the “Agreement”) is entered into this __ day of October, 2022 by and between the Town of Lancaster, acting by and through its Select Board, (the “Town”); 702, LLC, a limited liability company organized under the laws of the Commonwealth of Massachusetts with an address of 259 Turnpike Road, Suite 100 Southborough, MA 01772 (the “Owner”); and North Lancaster, LLC, a limited liability company organized under the laws of the Commonwealth of Massachusetts with an address of 1340 Lunenburg Road, Lancaster, Massachusetts (“North Lancaster”). North Lancaster’s obligation under this agreement is limited to the timely completion of the Phase One Access Road and related infrastructure as provided for in the Amended Definitive Subdivision Plan for McGovern Place approved by the Lancaster Planning Board on March 14, 2022 and recorded at the