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DEVELOPMENT AGREEMENT FOR THE PALOMINO DEVELOPMENTDevelopment Agreement • February 12th, 2021 • Texas
This Development Agreement for the Palomino Development (the "Agreement") is made and entered into, effective as of the _ day of , 2021, by and among the City of Manor, Texas, a Texas home rule municipal corporation (the "City"), Continental Homes of Texas, L.P., a Texas limited partnership (“Continental”), and Edward Wolf, individually, Edward Wolf, as Independent Executor of the Estate of Geraldine Wolf, Deceased, and Ed Wolf, Trustee of all of the Trusts under the Last Will and Testament of Mitchell Wolf, Deceased, dated October 5, 2000 (collectively, “Wolf”, and Wolf, collectively with Continental and each individually, the “Developer”). The City and the Developer are sometimes referred to herein as the "Parties". The Parties agree as follows.
