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� <br /> ' . . (reserved jor r�cording,nforniation) <br /> DEVELOPMENT AGREElV�ENT <br /> CRYSTAL BAYBUSIIVESS CENTER � <br /> DEVELOPMENT AGREEMENT ("Agreement"} dated Deceneber 5 _ , <br /> 20Q7, by and between the CITY 4F ORONO, a Minnesota municipal coxporation ("Cit�'), and <br /> RYAN COMPANIES US,INC., a Minnesota Corporation(the"Developer"}. . <br /> . DEFINITIO?VS � � <br /> "Building Permit Approval" means City review and approval of plans for the <br /> construction of Improvements for individual Lots. � <br /> "Commercial Site Plan Approval" means the September I1, 2006 City xeview and <br /> approval of proposed�inprovemen#s for each individual Lot within the Plat. � <br /> "Development" means the construction, remodeling, or replacement of up to 4 <br /> structures, each on sepazate Iots within the Plat. <br /> ��Development Stage Approvat" means review and approval of plans and tliis <br /> Agreement by the City prior to construction of the Improvements, � <br /> � P�EC�iVED <br /> 132281 vll . %��� � JUN 21 2011 <br /> • - 1 - '1'�r� � <br /> !� � � � � <br /> � �� -� -.� . CITIf OF ORONQ <br />