DEVELOPMENT AGREEMENTDevelopment Agreement • December 9th, 2021 • Texas
Contract Type FiledDecember 9th, 2021 JurisdictionThis Development Agreement (this “Agreement”) is entered into by and among the City of Princeton, Texas, a general-law municipality of the State of Texas located within Collin County (the “City”), and KB Home Lone Star Inc., a Texas corporation (the “Developer”), to be effective as of , 2021 (the “Effective Date”). The City and Developer are sometimes referred to herein collectively as the “Parties” and individually as a “Party.”