Development Agreement for Construction Sample Contracts

DEVELOPMENT AGREEMENT FOR CONSTRUCTION
Development Agreement for Construction • February 16th, 2021
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DEVELOPMENT AGREEMENT FOR CONSTRUCTION OF THE TRANSLOAD YARD EXPANSION AND CONTAINER STORAGE FACILITY
Development Agreement for Construction • September 6th, 2022

This Development Agreement for construction of the transload yard expansion and container storage facility (the “Agreement”) is made and entered into by and between the Greater Rochelle Economic Development Corporation (“GREDCO”), an Illinois not-for-profit corporation, and the City of Rochelle (the “City”), an Illinois municipality, collectively referred to as “the Parties, and this is based on the following recitals:

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