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(reserved for recording information) <br />AMENDMENT <br />DEVELOPMENT AGREEMENT <br />CR YSTAL BAY BUSINESS CENTER <br />AGREEMENT ("Agreement") dated March 6, 2014, by and between the CITY OF <br />ORONO, a Minnesota municipal corporation ("City"), and Pine Corner Properties, LLC, a <br />Minnesota Limited Liability Company (the "Developer"). <br />1. DEVELOPMENT AGREEMENT. The City and Ryan Companies US, INc., a <br />Minnesota corporation (predecessor to Developer) entered into a Development Agreement for <br />CRYSTAL BAY BUSINESS CENTER dated December 5, 2007, recorded December 27, 2007, with the <br />Office of the Registrar of Titles for Hennepin County, Minnesota as Document No. 4457476 and <br />with the Office of the Hennepin County Recorder as Document No. 9079458; as amended by a <br />Second Amendment to Development Agreement dated September 26, 2011, recorded December <br />30, 2011, with the Office of the Registrar of Titles for Hennepin County, Minnesota as <br />Document No. T4914548 and with the Office of the Hennepin County Recorder as Document <br />No. T9732423 (as amended, "Development Agreement"). <br />167790 <br />147 <br />