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i <br /> (resen,ed.for recording igfonnalion) <br /> SECOND AMENDMENT <br /> TO <br /> DEVELOPMENT AGREEMENT <br /> CRYSTAL BAY BUSINESS CENTER <br /> AGREEMENT ("Agreement") dated September 26, 2011, by and between the CITY <br /> OF ORONO, a Minnesota municipal corporation ("City"), and RYAN COMPANIES US, <br /> INC.,a Minnesota Corporation(the"Developer"). <br /> 1. DEVELOPMENT AGREEMENT. The City and the Developer entered into a <br /> Development Agreement for CRYSTAL BAY BUSINESS CENTER dated December 5, 2007, recorded <br /> December 27, 2007, with the Office of the Registrar of Titles for Hennepin County, Minnesota <br /> as Document Nos. 9079458 and 4457476("Development Agreement'). <br /> 2. REQUESTED AMENDMENT. The Developer has requested an amendment to <br /> the Development Agreement to extend the date for removal of the existing metal building that is <br /> on Lot 1, Block 2. The date for removal under the First Amendment to the Development <br /> Agreement is December 31,2016. <br /> 1 <br /> 159882 Guaranty Title, Inc. <br /> a v� Box 163 <br />