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Filed for Record 04/16/2009 04:48:53 PM - Kittitas County, WA Auditor - 200904160090 Page 5 of 118 <br />necessary on-site and off-site infrastructure and improvements; to provide for the preservation of <br />permanent open space; to make provision for trail facilities and other on-site recreational <br />amenities; to provide proportionate funding for traffic improvements and other public <br />improvements; to provide for services appropriate to the development of MountainStar; and to <br />otherwise achieve the goals and purposes for which the Development Agreement Statute was <br />enacted. Furthermore, development of MountainStar pursuant to this Agreement would result in <br />substantial fiscal benefits to the County. <br />F_ Trendwest is entering into this Development Agreement to provide certainty for <br />planning and development of MountainStar, to provide certainty with respect to environmental <br />and fiscal conditions imposed on the development of MountainStar, and to guarantee the <br />Comprehensive Plan designation, zoning designation and development standards for the <br />development of MountainStar so that Trendwest can justify a major financial investment in <br />MountainStar and the surrounding area, an investment that must be amortized over several <br />decades of sales and operations at MountainStar. Trendwest could not undertake development of <br />MountainStar without the assurances provided through this Agreement. <br />G. It is understood by the Parties that MountainStar is a private development and that <br />Trendwest shall have full power over and exclusive control of MountainStar, subject only to the <br />limitations and obligations of Trendwest under the County"s Comprehensive Plan, the <br />MountainStar Subarea Plan (as defined in Recital I(8) below), the County's Master Planned <br />Resort Zoning District (as defined in Recital I(&) below). the MountainStar Resort Conceptual <br />Master Plan, as amended (as defined in Recital 1(6) below), the Rezone (as defined in Recital <br />1(8) below), the MPR Project Development Permit and MountainStar MPR Conditions (as <br />defined in Recital 1(10) below), the Applicable Law (as defined in Section 4.1(c) below), and this <br />Suncadia Master Planned Resort Development Agreement (Amended and Restated 12-02-2008) Page 4 <br />