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FIRST AMENDMENT TO <br /> DEVELOPMENT AGREEMENT <br /> Z7it First,••• ruendment to Development Agreement("Amendment") is entered into this3 flay <br /> / 2018, by the parties set forth below, and amends the Development Agreement <br /> dated ailuari 10; 2011••by and between Earth Holdings, LLC,Thomas Subitch, Lanswell <br /> Devtlopiiicnt,M rlene.ana Harlin Lindstrand ("Owners"), and the City of Everett("City"), a <br /> true and•corroct copy dt which is attached to this Amendment <br /> RECITALS <br /> A On February 5,2Oi8,.Sonnse Chnstian Center, a nonpiofit corporation, puichased <br /> approximatefiy•}•-33.acres of real property that was formerly owned by Lanswell <br /> Development Cor for ation-•and ias`.adentified in, and made subject to,the Development <br /> Agreement("S'Qnri e•Parcel") `,_The Sonrise Parcel is legally described on Exhibit A <br /> attached to the Development'Agreement as property 44,and marked as the"Lanswell C-1 <br /> Parcel on Exhibit B•ettadied.ia,the Development Agreement <br /> •B Sonnse Christian Center•desiies to`develo,pAle Sonnse Parcel as an additional parking lot <br /> to serve its adjacent propeiky,•- vhttih de'elopment is inconsistent with the rezone <br /> effectuated by the Development Agreement <br /> C The"Owners"under the Development.Agreement do riot object to removal of the Sonrise <br /> Parcel and enter into this Amendmeii,t to allow.St nnse Christian Center to proceed with <br /> its development plans without the restrictions in the Development Agreement <br /> AGREEMENTS <br /> The parties agree as follows <br /> 1 Amend Section 1 1 of the development agreement fo rcad•as foljouis <br /> "The property shall be developed as an integrated development'•incorporating all parcels of land <br /> in a business paik, industrial park or commercial centei developed as'a sir}gic,sitc.development <br /> plan The development may be phased thiough the binding site plan siibdivision-Process <br /> Individual parcels shall not be permitted to be developed until a binding site-plan subdivision has <br /> been approved by the City that approves the location of buildings,parkidg,.aecess.landhcaping <br /> and all undevelopable areas•' <br /> 2 Amend Section 1 8 of the development agreement to read as follows ,• <br /> First Amendment to Development Agreement Z <br /> ti ,. <br />