Common Contracts

DEVELOPMENT AGREEMENT

Development Agreement • December 5th, 2022 • California

• Contract Type
  Development Agreement
• Filed
  December 5th, 2022
• Jurisdiction
  California

13th day of December 2022 (the “Execution Date”), by and between the CITY OF CLEARLAKE, a California municipal corporation (“City”) and Brian Pensack, Manager Ogulin Hills Estates, LLC (“Owner”). City and Owner are sometimes referenced together herein as the “Parties.” In instances when a provision hereof applies to each of the Parties individually, either may be referenced as a “Party.”The Parties hereby jointly render the following statement as to the background facts andcircumstances underlying this Agreement.