DEVELOPMENT AGREEMENT ESTABLISHING DEVELOPMENT STANDARDS FOR MONARCH RANCH DEVELOPMENTDevelopment Agreement • April 14th, 2022 • Texas
Contract Type FiledApril 14th, 2022 JurisdictionThis Development Agreement Establishing Development Standards for the Monarch Ranch Development (defined below) (the "Agreement") is made and entered into, effective as of the day of , 20 , by and between the City of Manor, Texas, a Texas home rule municipal corporation (the "City"), Enfield Partners, LLC, a Texas limited liability company (“Enfield Developer”), and Monarch Ranch at Manor, LLC, a Texas limited liability company ( “Monarch Developer”). Enfield Developer and Monarch Developer are sometimes referred to, collectively, herein as the “Developers”. The City and the Developers are sometimes referred to herein as the "Parties." The Parties agree as follows: