Development Agreement

WHEN RECORDED RETURN TO: 
 
City of Glendale 
Attn: City Manager 
5850 W. Glendale Ave 
Glendale, AZ 85301 
 
 
 
 
DEVELOPMENT AGREEMENT 
 
 
 
 
CITY OF GLENDALE, ARIZONA, 
an Arizona municipal corporation 
AND 
GV ECHO OWNER, LLC, 
 
a Delaware limited liability company 
 
 
 
 
 
 
________  __, 2022

DEVELOPMENT AGREEMENT 
THIS DEVELOPMENT AGREEMENT (the “Agreement”) is made as of the __ day of 
______, 2022, by and between the CITY OF GLENDALE, ARIZONA, an Arizona municipal 
corporation (the “City”), and GV ECHO OWNER LLC, a Delaware limited liability company 
(“Developer”). The City and Developer are sometimes referred to herein collectively as the 
“Parties,” or individually as a “Party”. 
RECITALS 
A. 
Developer owns that certain unimproved real property located at the northeast 
corner of Hatcher Road and 151st Avenue within the Woolf Logistic Center in the City, such real 
property consisting of 38.642 gross acres, the legal description of which is attached as Exhibit A 
hereto and made a part hereof (the “Property”). It is the intention of Developer to develop the 
Property for an industrial use.  
B. 
The Property is currently zoned PAD (“Zoning”) pursuant to Zoning Case No. 
ZON17-12. The Parties intend that the uses contemplated by this Agreement are consistent with 
the City’s current General Plan (the “General Plan”)  
C. 
The City also acknowledges the Developer’s rights to develop the Property in 
accordance with the approved Planned Area Development (Case No. ZON17-12), which has 
been approved by the City (the “P.A.D.”), principally as an industrial park. 
D. 
The Parties understand and acknowledge that this Agreement is a “Development 
Agreement” within the meaning of, and entered into pursuant to the terms of, A.R.S. § 9-500.05. 
E. 
The Parties also understand and acknowledge that this Agreement is authorized 
by and entered into accordance with the terms of A.R.S. § 9-500.11. The actions taken by the 
City pursuant to this Agreement are for economic development activities as that term is used in 
A.R.S. § 9-500.11, will assist in the creation and retention of jobs, and will in numerous other 
ways improve and enhance the economic welfare of the residents of the City. 
AGREEMENTS 
Now, therefore, in consideration of the foregoing recitals and representations and the 
mutual promises contained in this Agreement, the Parties agree as follows: 
1. 
Definitions.  Unless defined elsewhere in this Agreement the following terms should 
have the following meanings: 
(a) 
“Affiliate”, as applied to any person, means any person directly or 
indirectly controlling, controlled by, or under common control with, that person or a 
blood relative or spouse of such person, if such person is a natural person. For the 
purposes of this definition, (i) “control” (including with correlative meaning, the terms 
“controlling,” “controlled by” and “under common control”), as applied to any person, 
means the possession, directly or indirectly, of the power to direct or cause the direction

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of the management and policies of that person, whether through the ownership of voting 
securities, by contract or otherwise, and (ii) “person” means and includes natural persons, 
corporations, limited partnerships, general partnerships, joint stock companies, joint 
ventures associations, limited liability companies, limited liability partnerships, trusts, 
land trusts, business trusts or other organizations, whether or not legal entities. 
(b) 
“Agreement” means this Agreement, as amended and restated or 
supplemented in writing from time to time, and includes all exhibits and schedules 
hereto. References to Sections or Exhibits are to this Agreement unless otherwise 
qualified. The Recitals set forth in Paragraphs A through D inclusive, are incorporated 
herein by reference and form a part of this Agreement, but are not intended to expand the 
scope, number or nature of Developer’s obligations beyond those expressly set forth in 
the numbered sections of this Agreement. 
(c) 
“A.R.S.” means the Arizona Revised Statutes as now or hereafter enacted 
or amended. 
(d) 
“City Code” means the Municipal Code of the City of Glendale, Arizona, 
as amended from time to time. 
(e) 
“City Council” means the City Council of the City. 
(f) 
“Default” or “Event of Default” means one or more of the events 
described in Sections 8.1 and 8.2; provided, however, that such events shall not give rise 
to any remedy until effect has been given to all grace periods, cure periods, and/or 
periods of Enforced Delay provided for in this Agreement. 
(g) 
“Developer” means the Party designated as Developer on the first page of 
this Agreement, and its successors and assigns that conform with the requirements of this 
Agreement. 
(h) 
“Effective Date” means the date on which all of the following has 
occurred: this Agreement has been adopted and approved by the City Council, executed 
by duly authorized representatives of the City and Developer, and recorded in the office 
of the Recorder of Maricopa County, Arizona. 
(i) 
“Site Plan” means the site plan submitted by Developer for development 
of the Property a copy of which is attached hereto and made a part hereof as Exhibit B. 
(j) 
“Term” means the period commencing on the Effective Date and 
terminating on the date on which the Parties have performed all of their obligations 
hereunder. 
(k) 
“Third Party” means any person other than a Party, or an Affiliate of any 
Party. 
2. 
Scope and Regulation of Development.

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2.1 
Design Review Package.  Developer has submitted, and City has provided 
Conditional Approval of its Design Review Package in the form attached hereto as Exhibit C 
and made a part hereof (“Design Review Package”). The City and Developer acknowledge that 
amendments to the Design Review Package may be necessary from time to time to reflect 
changes in market conditions and/or to satisfy new requirements of one or more users of any part 
of the Property, and the Parties shall cooperate in good faith to agree upon any such amendments 
to the Design Review Package. Any disputes between the City and Developer concerning the 
implementation of the Design Review Package or amendments thereto shall be resolved pursuant 
to Section 8. 
2.2 
Submission of Plans by Developer.  Development of the Property shall be in 
accordance with the Design Review Package, the construction documents (“Construction 
Documents”) and plans prepared and submitted to the City by Developer (as the same may be 
amended from time-to-time) including the Site Plan (collectively, the “Plans”), which Plans shall 
comply with the General Plan and the Zoning, and shall set forth the basic land uses, densities 
and intensities for development of the Property as such may be amended from time to time in 
accordance with Section 2.5 below.   
2.3 
Approval Process.  Subject to Section 2.2 and to Applicable Laws, the Parties will 
cooperate reasonably and use reasonable best efforts to process the Design Review Package, the 
Construction Documents, plans, specifications, plats or other development approvals and permits 
requested by Developer or City in connection with development of the Property including, but 
not limited to, Site Plan (collectively the “Approved Plans”) and grant variances, if necessary. 
Developer shall pay all City fees related to the design and construction of or the issuance of a 
certificate of occupancy for the Project, including, permits, reviews, inspections, code 
modifications/formal interpretations, record retention, planning, barricade, and other fees listed 
in the City of Glendale Community Development Fee Schedule, including development impact 
fees, including the streets in-lieu fee (collectively, “Fees”). Notwithstanding the foregoing, the 
City expressly agrees to waive and not to charge Developer any “expedited” (for those items 
listed with expedited review Building Safety Planning Review Schedule) plan review fees 
currently in effect, or which may be adopted from time to time for processing any Submission 
Review. The City further agrees to allow the proposed parking count requirement as set forth on 
the Site Plan and in the Design Review Package, in lieu of City’s parking requirement. 
2.4 
Cooperation in the Implementation of the Approved Plans.  The Parties shall use 
reasonable best efforts to resolve any City comments regarding the approval and implementation 
of the Approved Plans. If the Parties reach an impasse regarding development approval, the 
dispute shall be resolved as provided in Section 8.  
2.5 
Amendments.  The Parties acknowledge that amendments to the Approved Plans 
may be necessary from time to time to reflect changes in market conditions and/or to meet the 
new requirements of one or more of the potential users of any part of the Property. If and when 
the Parties find that changes or adjustments are necessary or appropriate, they shall, effectuate 
minor changes or adjustments through administrative amendments approved by the City and 
Developer, unless otherwise required by Applicable Laws as described in Section 2.6 of this 
Agreement, and thereafter attach same to the Approved Plans as an addendum and such 
addendum shall become part thereof, and which may be further changed and amended from time

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to time as necessary, with the approval of the City and Developer. Unless otherwise required by 
law, no such minor amendment shall require notice or hearing. All major changes or 
amendments, as defined in the City Code (including the P.A.D.), shall be subject to review and 
approval by the City Council. 
2.6 
Development Regulation.  
(a) 
Applicable Laws.  For the purposes of this Agreement, the term 
“Applicable Laws” means the federal, state, county, published administrative policies, 
and local laws (statutory and common law) ordinances, rules, regulations, permit 
requirements, and other requirements and official policies of the City which apply to the 
development of the Property. The Parties acknowledge and agree that the anticipated 
development of the Property, if any, will likely occur over a period of years. Until the 
fifth  (5th) anniversary of the effective date of this Agreement (“Restricted Period”), no 
City moratorium (as the term is defined in A.R.S. § 9-463.06), or future ordinance, 
resolution or other land use rule or regulation imposing a limitation to the rate, timing or 
sequencing of the development of the Property and affecting the Property or any portion 
thereof shall apply to or govern the development of the Property, whether such ordinance, 
rule or regulation affects subdivision plats, building permits, occupancy permits, or other 
entitlements to use the Property issued or granted by the City, it being further agreed that 
during the Restricted Period:  
(1) 
The development of the Property will be subject to the 2018 
International Building Code as adopted by the City at the time of construction 
plan submittal, with such modifications, amendments and updates as may be 
adopted by the City., and 
(2) 
The building permit fees paid at the time of permit issuance for the 
development of the Property shall be according to the same schedule as those 
charged at the time of permit issuance. 
(b) 
Permissible Exceptions. Notwithstanding the provisions of this Section 2, 
the City may, at any time, and from time-to-time, enact the following Applicable Laws, 
and take the following actions, which shall be applicable to and binding on the 
development of the Property: 
(1) 
Future land use ordinances, rules, regulations, permit requirements, 
and other requirements and official policies of the City which are consistent with 
the express provisions of this Agreement, and not contrary to any existing land 
use regulations in effect at the date hereof; provided that such future land use 
ordinances, rules, regulations, permit requirements and other requirements and 
official policies shall not impair Developer’s ability to develop the Property as 
contemplated in this Agreement; 
(2) 
Other future land use ordinances, rules, regulations, permit 
requirements, and other requirements and official policies of the City to which 
Developer agrees to in writing as applicable to the development of the Property;

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(3) 
Future land use, safety and construction ordinances, rules, 
regulations, permit requirements and other requirements, and official policies of 
the City enacted as necessary to comply with mandatory requirements imposed on 
the City by county, state or federal laws and regulations, court decisions, and 
other similar superior external authorities beyond the control of the City; 
(4) 
Future updates of, and future amendments to, existing building, 
plumbing, mechanical, electrical, dangerous buildings, drainage, and similar 
construction and safety related codes, such as the 2018 International Building 
Code, which updates and amendments are generated by a nationally recognized 
construction/safety organization, such as the International Code Council, or by the 
county, state or federal governments; and 
(5) 
Amendments to such construction and safety codes generated by 
the City for the purposes of conforming such codes to the conditions generally 
existing in the City. 
(c) 
Exceptions to Setback Requirements.  Notwithstanding the provisions of 
any of the other Sections contained herein, the City shall allow a reduction of its set back 
requirements along the north end of the Property, as identified in the Conditionally 
Approved Design Review in order to allow the Developer to develop the Property in 
accordance with the Plans. 
(d) 
“At-Risk” Permits.  The City acknowledges that Developer may request, 
and City shall grant, “At Risk” excavation and grading permits within ten (10) days of 
submission to the City of the following: (i) the excavation and grading permit application, 
(ii) excavation and grading application fees, (iii) grading plans, drainage plans, 
stormwater pollution plans and all documents related to the excavation and grading that 
satisfy Applicable Laws, and (iv) the Site Plan has been approved by the City. 
 
3. 
Public Improvements.   
3.1 
Hatcher Road Dedication.  The Developer will dedicate and grant approximately 
forty three thousand fifty eight square feet (43,058/sq.ft) of the Property to the City solely and 
singularly for the construction, maintenance, replacement, repair and operation of the right-of-
way of Hatcher Road, east of the 151st Avenue intersection as set forth in Exhibit D (the 
“Hatcher Road Dedication”). The City shall provide Developer with certified survey of the 
Hatcher Road Dedication.  Developer shall make the Hatcher Road Dedication without the 
payment or receipt of any additional monetary consideration by or to the City. The Developer 
shall make the Hatcher Road Dedication to the City via special warranty deed upon City’s 
approval of the Approved Plans. 
In order to insure the City that the Developer will make the Hatcher Road Dedication at such 
time as the above referenced conditions have been satisfied, the Developer will deposit an 
executed and notarized special warranty deed in escrow (with an escrow agent satisfactory to the

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Parties) within fourteen (14) days of the Effective Date, to be released and delivered to the City 
at such time as the above referenced conditions have been satisfied.  
3.2 
Construction of the Hatcher Road Extension.   
(a) The City, at no cost and expense to Developer, shall be responsible for all design, 
construction, maintenance, replacement, repair and operation of the public infrastructure 
improvements to the Hatcher Road Extension, and shall provide Developer with two (2) full 
access points to and from the Property along the Hatcher Road Extension as shown on 
Exhibit B hereto for ingress and egress to and from the Property for vehicular traffic.  
(b) Prior to the commencement of construction of the Hatcher Road Extension, the 
City shall provide Developer with the City approved plans, specifications and timeline for 
construction of the Hatcher Road Extension (the “Hatcher Road Extension Plans”), for 
Developer’s review and comment and shall be done within fifteen (15) Business Days of 
Developer’s receipt of the proposed Hatcher Road Extension Plans. Developer’s failure to 
timely respond shall be deemed an acceptance with no comments  of the Hatcher Road 
Extension Plans.   
(c) Subject to Section 7.6 of this Agreement, the City shall use commercially 
reasonable efforts to cause the start of construction of the Hatcher Road Extension to be no 
later than  twelve months (12) months after the Effective Date (the “Commencement 
Date”), If the City has not started construction of the Hatcher Road Extension within twelve 
(12) months of the Effective Date or has not completed the Hatcher Road Extension by 
twelve (12) months of the start of cosntruction, then within thirty (30) days after a written 
request is made by the Developer to the City to commence or complete the Hatcher Road 
Extension, as applicable, and to the extent that Developer is able to complete the construction 
of the entire extension of Hatcher Road Extension (both on and off of the Property, the 
Developer shall have the right and option, but not the obligation, to undertake and/or 
complete the work necessary to commence or complete, as applicable, the entire extension of 
Hatcher Road, including the Hatcher Road Extension, in accordance with the Approved Plans 
and Applicable Laws. In the event the Developer performs or undertakes the commencement 
and/or completion of the Hatcher Road Extension the City shall reimburse the Developer for 
the costs after completion of the Hatcher Road Extension and acceptance by the City (which 
shall include a warranty for workmanship for a period no less than two (2) Years). Invoices 
not paid within thirty (30) days of the City’s acceptance of the roadway improvement shall 
bear interest from the due date at a rate equal to five percent (5%) in excess of the corporate 
base rate announced from time to time by the Wall Street Journal - changing as and when 
such rate changes. The Developer may bring an action at law against the City to collect any 
such unpaid invoices. All interest, costs, and reasonable attorneys’ fees and disbursements 
pertaining to collection of unpaid invoices shall be added to the amount due to the Developer.  
3.3 
Access.  Once Developer has commenced physical construction at the Property 
(which is defined as the commencement of excavation and grading at the Property) “Access” 
shall not include any entrance on to the Property for the construction of the Hatcher Road 
Extension unless expressly authorized by Developer via a temporary construction easement, 
which shall not be unreasonably withheld.

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3.4 
Public Access.  Developer will grant to the City emergency vehicle access and use 
easements over and through the main entrance (the South access point along 151st Avenue) to the 
Property and other private roadways as may exist from time to time within the Property. 
3.5 
151st Avenue.  The City hereby requires the construction of only one right turn 
deceleration lane of a minimum of 150’ feet in length plus 100’ feet taper for a total of 250 feet 
on 151st Avenue in advance of the truck access point shown on Exhibit B.  Developer shall also 
be entitled to a right-in, right-out access point to and from the Property on to and from 151st 
Avenue adjacent to the north property line. 
3.6 
No Additional Dedications or Conditions.  Except as contemplated in this Section 
3.6, the City shall not require the Developer to dedicate any other portion of the Property to the 
City for any other purpose, including, without limitation, Bullard Avenue and Mountain View 
Road for use as a right-of-way, as a condition of approval of the Design Review Package or 
Construction Documents. The City shall not impose any additional or different conditions or 
make any additional changes to the existing P.A.D., as to pertains to the Property, without the 
express written consent of the Developer. However, in the event that Developer seeks any 
amendment to the Design Review Package, Construction Documents or Approved Plans that 
may cause any significant impact to the city’s transportation network and are not otherwise 
agreed to in this Agreement, the Parties will work in good faith to address the significant impacts 
which may include dedications and conditions to minimize the impacts of the Developer’s 
proposed amendments. 
3.7 
Traffic Signals and Streetlights.  All of the streetlights and traffic signals required 
to be installed on the Hatcher Road Extension shall be installed by the City and/or a third party at 
its own cost and expense. 
3.8 
151st Street Access.  Notwithstanding any provisions of this Agreement to the 
contrary, any time after the special warranty deed to the Hatcher Road Extension has been 
deposited in escrow as set forth in Section 3.1 above, the City will not delay or deny the review 
and processing of Construction Documents and/or Plans, or the issuance of a building or 
occupancy permit as a result of the construction of the Hatcher Road Extension not being 
completed. 
3.9 
Temporary Construction Easement. Developer will provide to the City or any 
third-party contractor a Temporary Construction Easement for the construction of the Hatcher 
Road Extension in substantially the form attached hereto as Exhibit E. 
4. 
Indemnity; Risk of Loss 
4.1 
Indemnity by Developer.  Developer shall pay, defend, indemnify and hold 
harmless the City, and its City Council members, officers and employees from and against all 
claims, demands, fines, penalties, costs, expenses, damages, losses, obligations, judgments, 
liabilities, and suits (including attorneys’ fees, experts’ fees and court costs associated) which 
arise from or relate in any way to any act or omission by Developer, or its employees, 
contractors, subcontractors, agents or representatives, undertaken in fulfillment of Developer’s 
obligations under this Agreement.  The provisions of this Section 4.1, however, shall not apply to

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loss or damage or claims therefore which are attributable to acts or omissions of the City, its 
agents, employees, contractors, subcontractors or representatives. Developer shall have no 
defense obligation in any instance in which a claim is asserted based, in whole or in part, upon an 
act or omissions of the City, its employees, contractors, subcontractors, agents or representatives.  
The foregoing indemnity obligations of Developer shall survive the expiration or termination of 
this Agreement for a period equal to the applicable statute of limitations period. 
4.2 
Indemnity by the City.  The City shall pay, defend, indemnify and hold harmless 
Developer and its Affiliates and their respective partners, shareholders, officers, managers, 
members, agents and representatives (and their respective partners, shareholders, officers, 
managers, members, agents or representatives) from and against all claims, demands, fines, 
penalties, costs, expenses, damages, losses, obligations, judgments, liabilities and suits 
(including attorneys’ and experts’ fees and court costs associated) which arise from or which 
relate in any way to any act or omission on the part of the City, its employees, contractors, 
subcontractors, agents or representatives, undertaken in fulfillment of the City’s obligations 
under this Agreement. The provisions of this Section 4.2, however, shall not apply to loss or 
damage or claims therefore which are attributable to acts or omissions of Developer and/or its 
Affiliates, or the respective agents, employees, contractors, subcontractors or representatives.  
The City shall have no defense obligation in any instance in which a claim is asserted based, in 
whole or in part, upon an act or omissions of Developer, its employees, contractors, 
subcontractors, agents or representatives.  The foregoing indemnity obligations of the City shall 
survive the expiration or termination of this Agreement for a period equal to the applicable 
statute of limitations period.  
5. 
City Representations.   
The City represents and warrants to Developer that: 
(a) 
The City has the full right, power and authorization to enter into and 
perform this Agreement and each of City’s obligations and undertakings under this 
Agreement, and the City’s execution, delivery and performance of this Agreement have 
been duly authorized and agreed to in compliance with the requirements of the City 
Code. All consents and approvals necessary to the execution, delivery and performance 
of this Agreement have been obtained, and no further action needs to be taken in 
connection with such execution, delivery and performance. The City will execute and 
acknowledge when appropriate all documents and instruments and take all actions 
necessary to implement, evidence and enforce this Agreement. 
(b) 
The City knows of no litigation, proceeding, initiative, referendum, 
investigation or threat of any of the same contesting the powers of the City or its officials 
with respect to this Agreement that has not been disclosed in writing to Developer. 
(c) 
This Agreement (and each undertaking of the City contained herein), 
constitutes a valid, binding and enforceable obligation of the City, enforceable according 
to its terms, except to the extent limited by bankruptcy, insolvency and other laws of 
general application affecting creditors’ rights and by equitable principles, whether 
considered at law or in equity. The City will defend the validity and enforceability of this

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Agreement in the event of any proceeding or litigation arising from its terms that names 
the City as a party or which challenges the authority of the City to enter into or perform 
any of its obligations hereunder and will cooperate with Developer in connection with 
any other action by a Third Party in which Developer is a party and the benefits of this 
Agreement to Developer are challenged.  The severability and reformation provisions of 
Section 10.3 shall apply in the event of any successful challenge to this Agreement. 
(d) 
The execution, delivery and performance of this Agreement by the City is 
not prohibited by, and does not conflict with, any other agreements, instruments or 
judgments or decrees to which the City is a party or is otherwise subject. 
(e) 
The City has been assisted by counsel of its own choosing in connection 
with the preparation and execution of this Agreement. 
6. 
Developer Representations.   
Developer represents and warrants to the City that: 
(a) 
Developer has the full right, power and authorization to enter into and 
perform this Agreement and of the obligations and undertakings of Developer under this 
Agreement, and the execution, delivery and performance of this Agreement by Developer 
has been duly authorized and agreed to in compliance with the organizational documents 
of Developer. 
(b) 
All consents and approvals necessary to the execution, delivery and 
performance of this Agreement have been obtained, and no further action needs to be 
taken in connection with such execution, delivery and performance. 
(c) 
Developer will execute and acknowledge when appropriate all documents 
and instruments and take all actions necessary to implement, evidence and enforce this 
Agreement. 
(d) 
As of the date of this Agreement, Developer knows of no litigation, 
proceeding or investigation pending or threatened against or affecting Developer, which 
could have a material adverse effect on Developer’s performance under this Agreement 
that has not been disclosed in writing to the City. 
(e) 
This Agreement (and each undertaking of Developer contained herein) 
constitutes a valid, binding and enforceable obligation of Developer, enforceable 
according to its terms, except to the extent limited by bankruptcy, insolvency and other 
laws of general application affecting creditors’ rights and by equitable principles, whether 
considered at law or in equity. Developer will defend the validity and enforceability of 
this Agreement in the event of any proceeding or litigation arising from its terms that 
names Developer as a party or which challenges the authority of Developer to enter into 
or perform any of its obligations hereunder and will cooperate with the City in connection 
with any other action by a Third Party in which the City is a party and the benefits of this 
Agreement to the City are challenged. The severability and reformation provisions of 
Section 10.3 shall apply in the event of any successful challenge to this Agreement.

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(f) 
The execution, delivery and performance of this Agreement by Developer 
is not prohibited by, and does not conflict with, any other agreements, instruments, 
judgments or decrees to which Developer is a party or to which Developer is otherwise 
subject. 
(g) 
Developer has not paid or given, and will not pay or give, any Third Party 
any money or other consideration for obtaining this Agreement other than normal costs of 
conducting business and costs of professional services such as the services of architects, 
engineers and attorneys. 
(h) 
Developer has been assisted by counsel of its own choosing in connection 
with the preparation and execution of this Agreement. 
7. 
Events of Default; Remedies. 
7.1 
Events of Default by Developer. 
Default or an Event of Default by Developer 
under this Agreement shall mean one or more of the following:   
(a) 
Any representation or warranty made in this Agreement by Developer was 
materially inaccurate when made or shall prove to be materially inaccurate during the 
Term; 
(b) 
Developer transfers or attempts to transfer or assign this Agreement in 
violation of Section 9.2; or 
(c) 
Developer fails to observe or perform any other material covenant, 
obligation or agreement required of it under this Agreement. 
7.2 
Events of Default by the City.  Default or an Event of Default by the City under 
this Agreement shall mean one or more of the following: 
(a) 
Any representation or warranty made in this Agreement by the City was 
materially inaccurate when made or shall prove to be materially inaccurate during the 
Term. 
(b) 
The City fails to observe or perform any other material covenant, 
obligation or agreement required of it under this Agreement. 
7.3 
Grace Periods; Notice and Cure.  Upon the occurrence of an Event of Default by 
any Party, such Party shall, upon written notice from a non-defaulting Party, proceed 
immediately to cure or remedy such Default and, in any event, such Default shall be cured within 
thirty (30) days after receipt of such notice, or, if such Default is of a nature that is not capable of 
being cured within thirty (30) days shall be commenced within such period and diligently 
pursued to completion. 
7.4 
Remedies on Default.  Whenever any Event of Default occurs and is not cured (or 
cure undertaken) in accordance with Section 7.3 of this Agreement, the non-defaulting Party may 
take any of one or more of the following actions:

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(a) 
Remedies of the City.  The City’s exclusive remedies for an Event of 
Default by Developer shall consist of, and shall be limited to the following: 
(1) 
The City may seek special action or other similar relief (whether 
characterized as mandamus, injunction or otherwise), requiring Developer to 
undertake and to fully and timely perform its obligations under this Agreement. 
(2) 
At any time, the City may seek special action or other similar relief 
(whether characterized as mandamus, injunction or otherwise), requiring 
Developer to undertake and to fully and timely address a public safety concern or 
to enjoin any construction or activity undertaken by Developer which is not in 
accordance with the terms of this Agreement. 
(b) 
Remedies of Developer.  Developer’s exclusive remedies for an Event of 
Default by the City shall consist of and shall be limited to the following: 
(1) 
Developer may seek special action or other similar relief (whether 
characterized as mandamus, injunction or otherwise), requiring the City to 
undertake and to fully and timely perform its obligations under this Agreement. 
(2) 
Developer may pursue its rights and remedies set forth in Section 
3.2 and the indemnification provisions set forth in Section 4.2 of this Agreement, 
each to the extent applicable,.  
7.5 
Delays; Waivers.  Except as otherwise expressly provided in this Agreement, any 
delay by any Party in asserting any right or remedy under this Agreement shall not operate as a 
waiver of any such rights or limit such rights in any way; and any waiver in fact made by such 
Party with respect to any Default by the other Party shall not be considered as a waiver of rights 
with respect to any other Default by the non-defaulting Party or with respect to the particular 
Default except to the extent specifically waived in writing. 
7.6 
Enforced Delay in Performance for Causes Beyond Control of Party.  Whether 
stated or not, all periods of time in this Agreement are subject to this Section and the grace and 
cure periods in Sections 7.3. Neither Party shall be considered in Default of its obligations under 
this Agreement in the event of enforced delay (an “Enforced Delay”) due to (1) causes beyond 
its control and without its fault, negligence or failure to comply with Applicable Laws, including, 
but not restricted to, acts of God, acts of public enemy, acts of the Federal, state or local 
government, acts of the other Party, acts of a Third Party, litigation concerning the validity and 
enforceability of this Agreement or relating to transactions contemplated hereby (including the 
effect of petitions for initiative or referendum), fires, floods, pandemics, epidemics, quarantine, 
restrictions, strikes, embargoes, labor disputes, and unusually severe weather or the delays of 
subcontractors or materialmen due to such causes, act of a public enemy, war, terrorism or act of 
terror (including but not limited to bio-terrorism or eco-terrorism), nuclear radiation, declaration 
of national emergency or national alert, Office of Homeland Security (or equivalent) Advisory 
alert higher than grade “yellow,” blockade, insurrection, riot, labor strike or interruption, 
extortion, sabotage, or similar occurrence or any exercise of the power of eminent domain, 
condemnation, or other taking by the action of any governmental body on behalf of any public,

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quasi-public, or private entity, or declaration of moratorium or similar hiatus directly affecting 
the Property (whether permanent or temporary) by any public, quasi-public or private entity; (2) 
the order, judgment, action, or determination of any court, administrative agency, governmental 
authority or other governmental body other than the City or the Council or one of its 
departments, divisions, agencies, commissions or boards (collectively, an “Order”) which delays 
the completion of the work or other obligation of the Party claiming the delay; or the suspension, 
termination, interruption, denial, or failure of renewal (collectively, a “Failure”) of issuance of 
any permit, license, consent, authorization, or approval necessary to Developer’s undertakings 
pursuant to this Agreement, unless it is shown that such Order or Failure is the result of the fault, 
negligence or failure to comply with Applicable Laws by the Party claiming the delay; provided, 
however, that the contesting in good faith of any such Order or Failure shall not constitute or be 
construed or deemed as a waiver by a Party of Enforced Delay; (3) the denial of an application, 
failure to issue, or suspension, termination, delay or interruption other than by or from the City 
or the Council or one of its departments, divisions, agencies, commissions or boards 
(collectively, a “Denial”) in the issuance or renewal of any permit, approval or consent required 
or necessary in connection with Developer’s undertakings pursuant to this Agreement, if such 
Denial is not also the result of fault, negligence or failure to comply with Applicable Laws by the 
Party claiming the delay; provided that the contesting in good faith or the failure in good faith to 
contest any such Denial shall not constitute or be construed or deemed as a waiver by a Party of 
Enforced Delay; and (4) the failure of any contractor, subcontractor or supplier to furnish 
services, materials or equipment in connection with Developer’s undertakings pursuant to this 
Agreement, if such failure is caused by Enforced Delay as defined herein, if and to the extent, 
and only so long as the Party claiming the delay is not reasonably able, after using its best 
efforts, to obtain substitute services, materials or equipment of comparable quality and cost. In 
the event of the occurrence of any such Enforced Delay, the time or times for performance of the 
obligations of the Party claiming delay shall be extended for a period of the Enforced Delay; 
provided that the Party seeking the benefit of the provisions of this Section 7.6 shall, within 
thirty (30) days after such Party knows of any such Enforced Delay, first notify the other Party of 
the specific delay in writing and claim the right to an extension for the period of the Enforced 
Delay; provided, however, that either Party’s failure to notify the other of an event constituting 
an Enforced Delay shall not alter, detract from or negate its character as an Enforced Delay if 
such event of Enforced Delay were not known or reasonably discoverable by such Party. 
7.7 
Rights and Remedies Cumulative.  The rights and remedies of the Parties are 
cumulative, and the exercise by either Party of anyone or more of such rights shall not preclude 
the exercise by it, at the same or different times, of any other right or remedy for any other 
Default by the other Party. 
8. 
Cooperation and Alternative Dispute Resolution.   
8.1 
Representatives.  To further the cooperation of the Parties in implementing this 
Agreement, the City and Developer each shall designate and appoint a representative to act as a 
liaison between the City and its various departments and Developer. The initial representative for 
the City shall be Jamsheed Mehta, as designated by the City Manager from time to time (the 
“City Representative”) and the initial representative for Developer shall be Chad Firsel, as 
identified by Developer from time to time (the “Developer Representative”). The City’s and

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Developer’s Representatives shall be available at all reasonable times to discuss and review the 
performance of the Parties to this Agreement and the development of the Property. 
8.2 
 
Impasse.  The Parties acknowledge and agree that it is desirable for the Parties to proceed 
rapidly with the implementation of this Agreement and the development of the Property. 
Accordingly, the Parties agree that if at any time either Party believes an impasse has been 
reached on any issue affecting the Property, including, without limitation, the construction of the 
Hatcher Road Extension, the requesting party shall have the right to immediately appeal to the 
other party for an expedited decision pursuant to this Section.  If the issue on which an impasse 
is reached is an issue where a final decision can be reached by the City staff, the City 
Representative shall give Developer a final administrative decision within seven (7) days after 
Developer’s request for an expedited decision. If the issue on which an impasse has been reached 
is one where a final decision requires action by the City Council, the City Representative shall 
request a City Council hearing on the issue to take place at the next available council meeting 
(not to exceed three (3) weeks),, after Developer’s request for an expedited decision; provided, 
however, that if the issue is appropriate for review by the City’s Planning and Zoning 
Commission, the matter shall be submitted to the Planning and Zoning Commission at the next 
available Planning and Zoning Commission Meeting (not to exceed three (3) weeks) and then to 
the City Council at its first meeting following the Planning and Zoning Commission hearing and 
the applicable public notice period. Both the City and Developer agree to continue to use 
reasonable good faith efforts to resolve any impasse pending such expedited decision. 
8.3 
Mediation.  If there is a dispute hereunder which is not an Event of Default and 
which the Parties cannot resolve between themselves in the time frame set forth in Section 8.1, 
the Parties agree that there shall be a sixty (60) day moratorium on litigation during which time 
the Parties agree to attempt to settle the dispute by non-binding mediation before commencement 
of litigation. The mediation shall be held under the Commercial Mediation Rules of the 
American Arbitration Association but shall not be under the administration of the AAA unless 
agreed to by the Parties in writing, in which case all administrative fees shall be divided evenly 
between the City and Developer. The matter in dispute shall be submitted to a mediator mutually 
selected by Developer and the City. If the Parties cannot agree upon the selection of a mediator 
within ten (10) days, then within five (5) days thereafter, the City and Developer shall request 
that the Presiding Judge of the Superior Court in and for the County of Maricopa, State of 
Arizona, appoint the mediator. The mediator selected shall have at least ten (10) years’ 
experience in mediating or arbitrating disputes relating to commercial property. The cost of any 
such mediation shall be divided equally between the City and Developer. The results of the 
mediation shall be nonbinding with any Party free to initiate litigation upon the conclusion of the 
latter of the mediation or of the ninety (90) day moratorium on litigation.  The mediation shall be 
completed in one day (or less) and shall be confidential, private, and otherwise governed by the 
provisions of A.R.S. § 12-2238. 
9. 
Miscellaneous Provisions.   
9.1 
Governing Law; Choice of Forum.  This Agreement shall be made under, 
construed in accordance with, and governed by the internal, substantive laws of the State of

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Arizona (without reference to conflict of law principles). Any action brought to interpret, enforce 
or construe any provision of this Agreement shall be commenced and maintained in the Superior 
Court of the State of Arizona, Maricopa County..  The Parties irrevocably consent to jurisdiction 
and venue in such courts for such purposes and agree not to seek transfer or removal of any 
action commenced in accordance with the terms of this Section 9.1. 
9.2 
Assignment.  The Developer shall not assign all or any part of this Agreement 
without the prior written approval of the City, which approval shall not be unreasonably 
withheld, conditioned, or delayed; provided, however, that no consent shall be required for 
assignment to an entity under the common control with Developer, or an entity in which 
Developer (or any entity under common control with Developer) is a managing member or 
manager. In the event that no consent is required, Developer shall provide written notice to the 
City of any assignment evidencing the ownership or ownership structure of the assigned entity. It 
is intended that this Agreement shall be an encumbrance upon the title to the Property, that the 
terms and conditions of this Agreement are covenants running with the land, and that all 
permitted successors and assigns of Developer shall be bound by (and entitled to) the burdens 
and benefits of this Agreement. The City shall, at any time upon ten (10) days’ notice by 
Developer, provide to a prospective purchaser of any portion of the Property an estoppel 
certificate or other document evidencing that (i) this Agreement is in full force and effect; (ii) 
that no default by Developer exists hereunder (or, if appropriate, specifying the nature and 
duration of any existing default); and (iii) such other matters as such purchaser or developer may 
reasonably request. 
9.3 
Limited Severability.  The City and Developer each believes that the execution, 
delivery and performance of this Agreement are in compliance with all Applicable Laws.  
However, in the unlikely event that any provision of this Agreement is declared void or 
unenforceable (or is construed as requiring the City to do any act in violation of any Applicable 
Laws, constitutional provision, law, regulation, or City Code), such provision shall be deemed 
severed from this Agreement, and this Agreement shall otherwise remain in full force and effect; 
provided that this Agreement shall retroactively be deemed reformed to the extent reasonably 
possible in such a manner so that the reformed agreement (and any related agreements effective 
as of the same date) provide essentially the same rights and benefits (economic and otherwise) to 
the Parties as if such severance and reformation were not required.  The Parties further agree, in 
such circumstances, to do all acts and to execute all amendments, instruments and consents 
necessary to accomplish and to give effect to the purposes of this Agreement, as reformed. 
9.4 
Construction.  The terms and provisions of this Agreement represent the results of 
negotiations between the Parties, each of which has been or has had the opportunity to be 
represented by counsel of its own choosing, and none of which has acted under any duress or 
compulsion, whether legal, economic or otherwise. Consequently, the terms and provisions of 
this Agreement shall be interpreted and construed in accordance with their usual and customary 
meanings, and the Parties each hereby waive the application of any rule of law which would 
otherwise be applicable in connection with the interpretation and construction of this Agreement 
that ambiguous or conflicting terms or provisions contained in this Agreement shall be 
interpreted or construed against the Party who prepared or whose attorney prepared the executed 
Agreement or any earlier draft of the same.

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9.5 
Notices. 
(a) 
Addresses.  Except as otherwise required by law, any notice required or 
permitted under this Agreement shall be in writing and shall be given by personal 
delivery, or by deposit in the United States mail, certified or registered, return receipt 
requested, postage prepaid, addressed to the Parties at their respective addresses set forth 
below, or at such other address as a Party may designate in writing pursuant to the terms 
of this Section, or by telecopy facsimile machine, or by any nationally recognized express 
or overnight delivery service (e.g. Federal Express or UPS), delivery charges prepaid: 
If to the City: 
City of Glendale 
 
Attn: City Manager 
 
5850 W. Glendale Ave. 
 
Glendale, AZ 85301 
 
Telephone: (623) 930-2870 
 
With copies to: 
City of Glendale 
 
Attn: Michael Bailey, Esq. 
 
5850 W. Glendale Ave. 
 
Glendale, AZ 85301 
 
Telephone: (623) 930-2930 
 
If to Developer: 
GV Echo Owner, LLC 
 
Attn: Chad Firsel 
 
Echo Real Estate Capital Inc. 
 
200 W. Monroe St., Suite 2050 
 
Chicago, IL 60606 
 
Telephone: (312) 269-0220 
 
With a copy to: 
Beus Gilbert McGroder PLLC 
 
Attn: Paul E. Gilbert, Esq. 
 
701 N. 44th St. 
 
Phoenix, AZ 85008 
 
Telephone: (480) 429-3000 
 
 
 
and 
 
 
Firsel Ross 
Attn: Michael D. Firsel, Esq. 
10 Parkway North Blvd., Suite 110 
Deerfield, IL 60015 
Telephone: (847) 582-9910 
 
(b) 
Effective Date of Notices.  Any notice sent by United States Postal 
Service certified or registered mail shall be deemed to be effective the earlier of the 
actual delivery, or three (3) Business Days after deposit in a post office operated by the

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United States Postal Service. Any notice sent by a recognized national overnight delivery 
service shall be deemed effective one (1) Business Day after deposit with such service.  
Any notice personally delivered or delivered through a same-day delivery/courier service 
shall be deemed effective upon its receipt or refusal to accept receipt by the addressee.  
Any notice sent electronically shall be deemed effective upon confirmation of the 
successful transmission by the sender’s computer. Notwithstanding the foregoing, no 
payment shall be deemed to be made until actually received in good and available funds 
by the intended payee. Any Party may designate a different person or entity or change the 
place to which any notice shall be given as herein provided. 
(c) 
Payments.  Payments shall be made and delivered in the same manner as 
Notices; provided, however, that payments shall be deemed made only upon actual 
receipt by the intended recipient. 
9.6 
Time of Essence.  Time is of the essence of this Agreement and each provision 
hereof. 
9.7 
Section Headings.  The Section headings contained in this Agreement are for 
convenience in reference only and are not intended to define or limit the scope of any provision 
of this Agreement. 
9.8 
Attorneys’ Fees and Costs.  In the event of a dispute under this Agreement which 
results in litigation, the prevailing Party in any such dispute shall be entitled to reimbursement of 
its reasonable attorney’s fees and court costs, including, but not limited to, its costs of expert 
witnesses,  costs of transcript preparation and other reasonable and necessary direct costs of such 
dispute. 
9.9 
Waiver.  The Parties agree that neither the failure nor the delay of any Party to 
exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver of 
such right, remedy, power or privilege, nor shall any single or partial exercise of any right, 
remedy, power or privilege preclude any other or further exercise of the same or of any other 
right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege 
with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege 
with respect to any other occurrence.  No waiver shall be effective unless it is in writing and is 
signed by the Party asserted to have granted such waiver. 
9.10 
Third-Party Beneficiaries.  No person or entity shall be a third-party beneficiary 
to this Agreement, except for permitted transferees, assignees, or lenders under Section 9.2 to the 
extent that they assume or succeed to the rights and/or obligations of Developer under this 
Agreement, and except that the indemnified Parties referred to in the indemnification provisions 
of Sections 4.1 and 4.2 (or elsewhere in this Agreement) shall be third-party beneficiaries of such 
indemnification provisions. 
9.11 
Exhibits.  Without limiting the provisions of Section 1 of this Agreement, the 
Parties agree that all references to this Agreement include all Exhibits designated in and attached 
to this Agreement, such Exhibits being incorporated into and made an integral part of this 
Agreement for all purposes.

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9.12 
Integration.  Except as expressly provided herein, this Agreement constitutes the 
entire agreement between the Parties with respect to the subject matters hereof and supersedes 
any prior agreement, understanding, negotiation or representation regarding the subject matters 
covered by this Agreement. 
9.13 
Further Assurances.  Each Party agrees to perform such other and further acts and 
to execute and deliver such additional agreements, documents, affidavits, certifications, 
acknowledgments and instruments as any other Party may reasonably require to consummate, 
evidence, confirm or carry out the matters contemplated by this Agreement or confirm the status 
of (a) this Agreement as in full force and effect and (b) the performance of the obligations 
hereunder at any time during its Term. 
9.14 
Business Days.  “Business Day(s)” means Monday through Friday, except for 
State of Arizona, and federal holidays.  If the last day of any time period stated in this Agreement 
or the date on which any obligation to be performed under this Agreement shall fall on a 
Saturday, Sunday or legal holiday, then the duration of such time period or the date of 
performance, as applicable, shall be extended so that it shall end on the next succeeding day 
which is not a Saturday, Sunday or legal holiday. 
9.15 
Inurement.  The provisions of this Agreement shall be binding upon, and shall 
inure to the benefit of the Parties and their respective permitted successors and assigns.  
Wherever the term “Party” or the name of any particular Party is used in this Agreement such 
term shall include any such Party’s permitted successors and assigns. 
9.16 
Recordation.  Within ten (10) days after this Agreement has been approved by the 
City and executed by the Parties, the City shall cause this Agreement to be recorded in the 
Official Records of Maricopa County, Arizona. At such time as all obligations of the City and 
the Developer under this Agreement have been satisfied, at the request of either Party, the Parties 
agree to execute and record a termination and satisfaction of this Agreement. 
9.17 
Amendment.  No change or addition is to be made to this Agreement except by 
written amendment executed by the City and Developer. Within ten (10) days after any 
amendment to this Agreement, such amendment shall be recorded in the Official Records of 
Maricopa County, Arizona. Upon amendment of this Agreement as established herein, references 
to “Agreement” or “Development Agreement” shall mean the Agreement as amended by any 
subsequent, duly processed minor or major amendment, as described in Section 2.5.  The 
effective date of any duly processed minor or major amendment shall be the date on which the 
last signatory for the Parties executes the Agreement. If, after the effective date of any 
amendment(s), the Parties find it necessary to refer to this Agreement in its original, unamended 
form, they shall refer to it as the “Original Development Agreement.”  When the Parties mean 
to refer to any specific amendment to the Agreement which amendment is unmodified by any 
subsequent amendments, the Parties shall refer to it by the number of the amendment as well as 
its effective date. 
9.18 
Good Faith of Parties.  Except where any matter is expressly stated to be in the 
sole discretion of a Party, in performance of this Agreement, or in considering any requested 
extension of time, the Parties agree that each will act in good faith and will not act unreasonably,

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arbitrarily or capriciously, and will not unreasonably withhold, delay or condition any requested 
approval, acknowledgment or consent. 
9.19 
Survival.  All indemnifications contained in Sections 4.1 and 4.2 of this 
Agreement shall survive the execution and delivery of this Agreement, the closing of any 
transaction contemplated herein, and the rescission, cancellation, expiration or termination of this 
Agreement upon the terms and for the period set forth in each respective Section. 
9.20 
Rights of Lenders’ Collateral Assignments.  The City is aware that Developer 
may obtain financing or refinancing including construction and permanent financing for 
acquisition, development operations and/or construction of the real property and/or 
improvements to be constructed on the Property, in whole or in part, from time to time, by one or 
more Third Parties (individually a “Lender”, and collectively the “Lenders”).  Accordingly, the 
City acknowledges that Developer may collaterally assign this Agreement to a Lender as security 
for such loan without further consent on the part of the City.  In the event of an Event of Default 
by Developer, the City shall provide notice to such Lenders of such Event of Default, at the same 
time notice is provided to Developer, as previously designated by Developer to receive such 
notice (the “Designated Lenders”) whose names and addresses were provided by written notice 
to the City in accordance with Section 9.5. The City shall give Developer copies of any such 
notice provided to such Designated Lenders and, unless Developer notifies the City that the 
Designated Lenders names or addresses are incorrect (and provides the City with the correct 
information) within three (3) Business Days after Developer receives its copies of such notice 
from the City, the City will be deemed to have given such notice to the Designated Lenders even 
if their names or addresses are incorrect. Developer may provide notices to other Lenders.  If a 
Lender is permitted, under the terms of its subordination, nondisturbance and attornment 
agreement (“SNDA”) with the City to cure the Event of Default and/or to assume Developer’s 
position with respect to this Agreement, the City agrees to recognize such rights of the Lender 
and to otherwise permit the Lender to assume all of the rights and obligations of Developer under 
this Agreement. Upon request by a Lender, the City will enter into a separate SNDA with such 
Lender as may reasonably be requested by Lender, consistent with the provisions of this Section 
9.20. 
9.21 
Estoppel Certificate. At any time upon reasonable request by Developer, the City 
shall, provide to Developer and/or any Lender within ten (10) days after such request, an 
estoppel certificate or other document evidencing (i) that this Agreement is in full force and 
effect; (ii) that no default by Developer exists hereunder (or, if appropriate, specifying the nature 
and duration of any existing default); and (iii) such other matters as Lender or Developer may 
reasonably request. Upon request by a Lender, the City will enter into a separate nondisturbance 
agreement with such Lender as may reasonably be requested by Lender, consistent with the 
provisions of this Section 9.21. 
9.22 
Non-Liability of City Officials, Etc., and of Employees, Managers, Members and 
Partners, Etc. of Developer.  No City Council member, official, representative, agent, attorney or 
employee of the City shall be personally liable to any of the other Parties hereto, or to any 
successor in interest to any of the other Parties, in the event of any Default or breach by the City 
or for any amount which may become due to any of the other Parties or their successors, or with 
respect to any obligation of the City under the terms of this Agreement.  Notwithstanding

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anything contained in this Agreement to the contrary, any obligation or liability of Developer 
under this Agreement shall be limited solely to the assets of the Developer and shall not extend 
to or be enforceable against any individuals or entities who are members, managers, constituent 
partners, officers, directors, representatives, agents or employees of the Developer or their assets. 
9.23 
Conflict of Interest Statute.  This Agreement is subject to, and may be terminated 
by the City in accordance with, the provisions of A.R.S. § 38-511. 
9.24 
Warranty against Payment of Consideration for Agreement.  Developer warrants 
that it has not paid or given, and will not pay or give, any third person any money or other 
consideration for obtaining this Agreement, other than the normal costs of conducting business 
and costs of professional services such as architects, consultants, engineers, and attorneys. 
9.25 
Termination of Claim.  Upon the execution by the City of this Agreement 
Developer agrees to withdraw its (i) Notice of Claim dated November 1, 2021 against the City 
and (ii) Notice of Request for Administrative Appeal dated November 11, 2021 against the City. 
 
[SIGNATURES ON FOLLOWING PAGES]

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Glendale-GV Echo Dev. Agr. _FINAL for execution_6_15_2022 
CITY: 
 
CITY OF GLENDALE, ARIZONA,  
an Arizona municipal corporation 
 
By: 
____________________________________ 
 
Name: ____________________________________ 
 
Title: ____________________________________ 
 
ATTEST: 
 
By: 
__________________________________ 
 
City Clerk 
 
APPROVED AS TO FORM: 
 
 
By: 
___________________________________ 
 
City Attorney 
 
 
 
STATE OF ARIZONA 
) 
 
 
 
 
) ss. 
COUNTY OF MARICOPA ) 
 
The foregoing instrument was acknowledged before me this ______ day of ______________, 
2022, by ________________________, the ______________ of the City of Glendale, Arizona, 
an Arizona municipal corporation, who acknowledged that he/she signed the foregoing 
instrument on behalf of the City. 
 
_____________________________________ 
Notary Public 
 
My Commission Expires: 
 
 
_____________________________________

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EXHIBIT A 
 
PROPERTY 
A portion of land being situated within the Southeast Quarter of Section 29, Township 
3 North, Range 1 West of the Gila and Salt River Meridian, Maricopa County, 
Arizona, being more particularly described as follows: 
BEGINNING at a found 2 inch aluminum cap stamped RLS 25393 accepted as the East 
Quarter corner of said Section 29, from which a found 3 inch Maricopa County brass cap 
in hand hole accepted as the Southeast corner thereof bears South 00°02’30” East, 
2634.10 feet; 
Thence South 00°02'30" East, 1276.97 feet along the east line of said Southeast 
Quarter; 
Thence leaving said east line, South 89°57'30" West, 1304.53 feet; 
Thence North 00°03'08" West, 1303.37 feet to the north line of said Southeast Quarter; 
Thence South 88°52'58" East, 1305.04 feet along said north line to the POINT OF 
BEGINNING. 
The above described parcel contains a computed area of 1,683,223 sq. ft. (38.6415 
acres) more or less and being subject to any easements, restrictions, rights-of-way of 
record or otherwise. 
The description shown hereon is not to be used to violate any subdivision regulation of 
the state, county and/or municipality or any land division restrictions. 
 
 
Prepared by: HILGART WILSON, LLC 
2141 E. Highland Avenue, Suite 250 
Phoenix, AZ 85016 
Project No. 1033 
Date: September 2020

EXHIBIT B 
SITE PLAN

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EXHIBIT C 
DESIGN REVIEW PACKAGE

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EXHIBIT D 
LEGAL DESCRIPTION OF THE HATCHER ROAD EXTENSION

EXHIBIT E