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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 OJJ-site and off-site infrastructure and improvements; to provide for the preservation of <br />pennanent 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 ofMountainStar; and to <br />otherwise achieve the goals and purposes for which the Development Agreement Statute was <br />enacted. furthermore, development of Mountain Star pursuant to this Agreement would result in <br />substantial fiscal benefits to the County. <br />F. Trcndwest 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 ofMountainStar. subject only to the <br />limitations and obligations ofTrendwest under the County"s Comprehensive Plan, the <br />MountainStar Subarea Plan (as defined in Recital 1(8) below), the County's Master Planned <br />Resort Zoning District (as defined in Recital 1(8) 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 ](I 0) below), the Applicable Law (as defined in Section 4. l(c) below), and this <br />SuncadiH Masler Pl1111ned Resort Development Agm:mcnt (Amended and Restated 12-02-2008) Pgge 4