DV-24-00001 Ranch on Swauk Creek Development Agreement Amended Final (2)

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1.6. "Development Period" means the duration of the Development Agreement. 1.7. "Existing Land Use Regulations" means the Kittitas County Code as of September 9. 2024. 1.8. "Landowner" shall refer to any owner of the Property, now or in the future as contemplated by the Development Agreement. 1.9. "Property" means the property subject to this Development Agreement as legally described in Exhibit A. Section 2. The Project. The Project consists of the development and use of 445.42 acres in Kittitas County, more particularly described below. The Project is preliminarily approved under the Planned Unit Development (PUD) Ordinance (RZ-06-00027) and Plat (LP-06-00027). 2.1 Project Duration. The Project is anticipated to be phased over a thirty-year (30) period. The Developer will have discretion to determine the order of phasing elements to maximize work around the quarry buffer zone while allowing quarry operations to continue to supply minerals and material to the development. 2.2 Supportive Facilities. The Project will include supportive facilities such as a community center, athletic courts, a pool, solid waste handling facilities, roads, mail collection/distribution facilities and a trail network. 2.3 Project Oversight, Operations and Management. The Developer shall be responsible for all the requirements set forth in this Development Agreement. Section 3. Residential Development. The Property described in Exhibit A will be developed into the Plat of Ranch on Swauk Creek, as approved by Ordinance 2006-59 &Resolution 2017-073. The approved preliminary concept map, attached hereto as exhibit B, shows approximate location and boundaries of lots established for the Ranch on Swauk Creek PUD by said ordinance and resolution. Buildings, garages, shops and the like are allowed within the Ranch on Swauk Creek PUD. Section 4. Ranch on Swauk Creek Owners Association, The Ranch on Swauk Creek Owners Association will be created to govern residential areas, community facilities, stormwater facilities, and rode improvements within residential nodes, and open space. The Group A Water System Shall be owned operated and maintained by an established entity, owned and operated by a designee of the applicant. Said designee shall establish operation procedures and rates as may be approved by the Washington State Authorities having jurisdiction if and when required by state law. Section 5. Recording Parties and Successors Bound. As required by KCC 15A.11.050, this Development Agreement — Page 3 of 13