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reserved for recording information) <br />RELEASE OF <br />DEVELOPER'S AGREEMENT <br />RELEASE OF DEVELOPER'S AGREEMENT granted this 24th day of May, 2021, by <br />the CITY OF ORONO, a Minnesota municipal corporation ("City"). <br />WHEREAS,the City and Hashem Abukhadra,Trustee of the Irrevocable Trust Agreement <br />of Suad Azhari u/t/a dated March 23, 1990,have entered into a Developer's Agreement dated April <br />12, 2007 and recorded October 9, 2008 as Hennepin County Document No. A9192174 <br />Agreement"); and <br />WHEREAS, the City has been requested to release and discharge the property legally <br />described on Exhibit A("Property") from the Agreement; <br />WHEREAS,all requirements of the Agreement have been met as to the Property and there <br />is no longer a need to have the Agreement recorded against the Property. <br />NOW THEREFORE,be it resolved by the City of Orono, Minnesota: <br />The Property described on Exhibit A is released and discharged from the Agreement. <br />ADOPTED this 21st day of May, 2021. <br />Remainder of the page is intentionally left blank. <br />Signature page is to follow.] <br />1 <br />215397v1