Development and Reimbursement Agreement Sample Contracts

FOURTH AMENDMENT TO THE OAK CREEK DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • April 30th, 2020

This Fourth Amendment to the Oak Creek Development and Reimbursement Agreement (the “Amendment”) is made, entered into and effective as of (the “Effective Date”) by the City of Leander, Texas (the “City”); the Leander Development Authority (the “Authority”); Sentinel/Cotter Leander, LLC (the “Developer”), a limited liability company; and Reinvestment Zone Number One, City of Leander, Texas (the “Zone”). The City, the Developer, the Authority and the Zone herein individually referred to as a “Party” and collectively as the “Parties”.

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AMENDMENT TO THE LEANDER MEDICAL COMPLEX DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • August 6th, 2018

WHEREAS, the Parties entered that certain Leander Medical Complex Development and Reimbursement Agreement by and among the City, the Authority, the Developer, and the Zone dated December 1, 2016 (the “Original Agreement”);

FIRST ADDENDUM TO THE CRESCENT LEANDER DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • June 29th, 2020 • Texas

This Addendum to the Crescent Leander Development and Reimbursement Agreement (the “Addendum”) is made and entered into, effective as of the day of , 2020, by and between the City of Leander, Texas, a Texas home rule municipal corporation (the "City"), and Bryson MPC Holdings, LLC (the “Developer”). The City and the Developer are sometimes referred to herein as the "Parties." The Parties acknowledge that there are pre-existing development standards set forth in the Bryson PUD Ordinance #14-053-00 (Bryson PUD), as amended (the “Bryson Development Standards”). The Parties further acknowledge that the City of Leander Composite Zoning Ordinance of 2014 (the “2014 CZO”) which governs the Bryson MU/MF Development is the Composite Zoning Ordinance applicable to the Bryson MU/MF Development. The Parties agree as follows.

LEDGE ROCK CENTER COMMERCIAL JOHNSTOWN, COLORADO
Development and Reimbursement Agreement • April 14th, 2022
DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • June 15th, 2020

AGREEMENT is made and entered into as of June 16, 2020 (this "First Addendum"), by and between the CITY OF TUPELO, MISSISSIPPI (the "City"), a body politic of the State of Mississippi (the "State"), MALONEY DEVELOPMENT PROPERTIES, LLC, its successors and assigns, a limited liability company duly organized, existing, and in good standing under the laws of the State (the "Developer").

Contract
Development and Reimbursement Agreement • December 13th, 2019 • Texas

AGREEMENT (“Agreement”) is executed as of this day of , 2019, by and among TAX INCREMENT REINVESTMENT ZONE NUMBER FIVE, CITY OF ARLINGTON, TEXAS – ENTERTAINMENT DISTRICT (“TIRZ”), as

AMENDED AND RESTATED DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • April 30th, 2024

, 2024, and is between the CITY OF PASCAGOULA, MISSISSIPPI, a municipal corporation organized and existing under the laws of the State of Mississippi (the “City”), and PASCAGOULA DEVELOPMENT, LLC, a wholly-owned subsidiary of IN SYNC HOLDINGS, LLC, each a Mississippi limited liability company validly existing and in good standing under the laws of the State of Mississippi (the “Developer”), its successors and assigns.

ADELAIDE POINTE
Development and Reimbursement Agreement • February 1st, 2023

(“Agreement”) is made , 2022 (“Effective Date”) between the City of Muskegon Brownfield Redevelopment Authority (“Authority”), a Michigan public body corporate, with an address of 933 Terrace Street, Muskegon, MI 49440 (“Authority”), City of Muskegon, a Michigan Municipal Corporation (“City”), with an address of 933 Terrace St., Muskegon, MI 49440, and Adelaide Pointe Qozb, LLC (“APQ”), with an address of 1204 W. Western Avenue, Muskegon, MI 49441.

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • December 20th, 2019

(“Amendment”), entered into this day of January, 2020, by and between the TOWN OF PRESCOTT VALLEY, a municipal corporation of Arizona (“TOWN”), and VIEWPOINT INVESTORS L.L.C., an Arizona limited liability company (“Developer”);

AMENDMENT OF THE NORTHLINE PUD DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • August 2nd, 2021

This Amendment of The Northline PUD Development and Reimbursement Agreement (this "Amendment") is made, entered into, and effective as of the Effective Date, as defined below, by and among the CITY OF LEANDER, TEXAS, a home rule municipality (the “City”); the LEANDER DEVELOPMENT AUTHORITY, a non-profit corporation formed pursuant to Subchapter D, Chapter 431, Texas Transportation Code, and the City Charter of the City of Leander (the "Authority"); REINVESTMENT ZONE NUMBER ONE, CITY OF LEANDER, TEXAS, a legal

SECOND AMENDMENT TO THE CRESCENT LEANDER DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • August 26th, 2020

This Second Amendment to the Crescent Leander Development and Reimburseme nt Agreement (the “Amendment”) is made, entered into and effective as of , 2020 (the “Effective Date”) by the City of Leander, Texas, a home rule municipality (the “City”); the Leander Development Authority, a non-profit corporation formed pursuant to Subchapter D, Chapter 431, Texas Transportation Code (the “Authority”); Bryson MPC Holdings, LLC, a Delaware limited liability company (the “Developer”); and Reinvestment Zone Number One, City of Leander, Texas, a tax increment reinvestment zone created pursuant to Chapter 311, Texas Tax Code (the “Zone”). The City, the Developer, the Authority and the Zone are herein referred to together as the “Parties”.

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • May 14th, 2021

This Development and Reimbursement Agreement dated May , 2021, by and between the CITY OF DIAMONDHEAD, MISSISSIPPI (the “City”), a municipal corporation organized and existing under the laws of the State of Mississippi (the “State”) and MARSHALL LAND HOLDINGS, LLC, its successors and assigns, a corporation duly organized, existing, and in good standing under the laws of the State (the “Developer”).

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • August 2nd, 2021 • Mississippi

This Development and Reimbursement Agreement is dated as of , 2021, and is between the CITY OF PASCAGOULA, MISSISSIPPI, a municipal corporation organized and existing under the laws of the State of Mississippi (the “City”), and PASCAGOULA CENTER, LLC, a Mississippi limited liability company validly existing and in good standing under the laws of the State of Mississippi (the “Developer”), its successors and assigns.

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • April 7th, 2009 • New Jersey

day of , 2003, by and between the TOWNSHIP OF BARNEGAT, a municipal corporation of the State of New Jersey, with offices located at 900 W. Bay Avenue, Barnegat, New Jersey 08005, ("Barnegat") and MARK MADISON, LLC, a Limited Liability Company organized under the laws of the State of New Jersey, with offices located at 500 Barnegat Boulevard, North, Suite 402, Barnegat, New Jersey 08005, (the "Developer").

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • February 21st, 2018 • Michigan

This Reimbursement Agreement is made as of , 20 , by and between “DEVELOPER XYZ” ("Applicant") and The St. Clair County Brownfield Redevelopment Authority (the "Authority").

DEVELOPMENT AND REIMBURSEMENT AGREEMENT
Development and Reimbursement Agreement • May 3rd, 2021 • Michigan

This Development Agreement (this “Agreement”) is made on April 22, 2021, between GLC Northern Michigan Pine, LLC, an Indiana limited liability company (the “Owner”) and the Grand Traverse County Brownfield Redevelopment Authority

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