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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />FIRST AMENDMENT AGREEMENT <br /> <br />This Agreement is entered into on this ____ day of ________, 2023, by and between the <br />City of Lino Lakes, a Minnesota municipal corporation (“City”), and U.S. Home, LLC, a <br />Delaware limited liability company (“Developer“). This Agreement amends the March 7, 2019 <br />Master Development Agreement (the “MDA”) between the parties hereto. <br /> <br />WHEREAS, under the MDA the City approved an initial Development Stage Plan for the <br />Development governed by the MDA. <br /> <br />WHEREAS, the Development is legally described on the attached Exhibit A. <br /> <br />WHEREAS, the City and Developer have agreed via Resolution Numbers 17-95, 17-133, and <br />19-131 to varied modifications in the Development Stage Plan, which amendments are hereby <br />ratified to be a part of the MDA. <br /> <br />WHEREAS, the City and Developer wish to amend the Development Stage Plan again as set <br />forth below. <br /> <br />NOW, THEREFORE, IT IS AGREED AS FOLLOWS: <br /> <br />1. The City and Developer agree to further amend the Development Stage Plan as follows: <br /> <br />Resolution Number 23-77 amending preliminary plat lot sizes and housing products. <br /> <br />2. Except as expressly provided for herein, all other terms of the MDA shall remain in full <br />force and effect. <br /> <br /> <br />