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this Contract shall be constructed before any other building permit is issued for a lot on which a retaining <br /> wall is required to be built. <br /> 30. NOTICES. Required notices to the Developer shall be in writing, and shall be either hand <br /> delivered to the Developer, its employees or agents, or mailed to the Developer by certified mail at the <br /> following address: Kraus-Anderson Realty Company, 4210 West Old Shakopee Road, Bloomington, <br /> Minnesota 55437-2951. Notices to the City shall be in writing and shall be either hand delivered to the City <br /> Administrator, or mailed to the City by certified mail in care of the City Administrator at the following <br /> address: Orono City Hall, 2750 Kelley Parkway, P.O. Box 66. Crystal Bay, MN 55323. <br /> 31. DEVELOPER. The City hereby acknowledges that Developer is developing the Property on <br /> behalf of Engelsma Limited Partnership, a Minnesota limited partnership ("ELP") in order to qualify for a <br /> deferred exchange under IRC Section 1031. Notwithstanding any contrary provision herein, Developer <br /> shall remain liable for all of the obligations under this Development Contract until such time as ELP <br /> acquires title and at that time Developer will assign to ELP and ELP shall assume responsibility for all of <br /> the Developer's obligations under this Development Contract. <br /> [The remainder of this page has been intentionally left blank. <br /> Signature pages follow.] <br /> 16 ORONO/Orono Senior Housing Project <br /> No. 11-3498 (875 Wayzata Boulevard) <br />