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21043420 AGREEMENT Total Pages: 50 <br />Filed and Recorded: 8/10/21 3:50 Pm <br />STATE OF TEXAS § DEVELOPMENT AGREEMENT <br />COUNTY OF HAYS § LA CIMA SAN MARCOS <br />-1 WINN <br />""61011141016 <br />VI Tarice-171in inu konceptual Lana Ise Plan, as more <br />particularly described in Exhibit "B" attached hereto and incorporated herein for all purposes and under <br />the name La Cima San Marcos (the "Project"); <br />WHEREAS, the Property is appraised for ad valorem tax purposes as land for agricultural or wildlife <br />management use or timber land under Chapter 23, Texas Tax Code; <br />0 <br />11119"M - 6116"Imm"WIN <br />"Iff M-1 at <br />-00 1 IITII KII M as Mr. 1001A01 11M &0 <br />WHEREAS, by entering into this Agreement, Owner has accepted the City's offer to enter into a <br />development agreement pursuant to both Section 43.035 and Section 212.172 of the Texas Local <br />Government Code with the mutual understanding that this Agreement shall constitute a permit for the <br />purposes of Chapter 245 of the Texas Local Government Code; <br />WHEREAS, an area adjacent or contiguous to an area that is subject of development agreement entered <br />into under Section 43.035 and Section 212.172 of the Texas Local Government Code is considered to be <br />P.djacent or contiguous to the municipality; and <br />