Development and Vested Property Rights Agreement Sample Contracts

DEVELOPMENT AND VESTED PROPERTY RIGHTS AGREEMENT IMPLEMENTING THE BOLTS LAKE SETTLEMENT AGREEMENT
Development and Vested Property Rights Agreement • April 12th, 2024 • Colorado

this “Development Agreement”) is made and entered into as of [ ], 2024 (“Execution Date”) by and among the following (individually, a “Party” and, collectively, the “Parties”): the Town of Minturn Water and Sanitation Activities Enterprise, an enterprise fund established pursuant to C.R.S. § 37-45.1-101 et seq. (“Enterprise”) and the Town of Minturn, Colorado, a home rule municipal corporation (collectively, as defined in Exhibit D, “Town”); and Battle North, LLC, a Georgia limited liability company (together with its successors and assigns, “Battle North”).

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