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CITY OF LINO LAKES, MINNESOTA <br />SITE IMPROVEMENT PERFORMANCE AGREEMENT <br />THIS AGREEMENT made this _ <br />and between the City of Lino Lakes, a <br />of the State of Minnesota, and Aldi Inc. <br />day of <br />municipal corporation organized <br />("Developer"). <br />_, 2025, is by <br />under the laws <br />WHEREAS, the Developer has received approval of Site Development Plans, <br />hereinafter called the "Plans", by the City of Lino Lakes on the day of <br />, 2025, and in accordance with the Plans all of which are made a part <br />hereof by reference. In consideration of such approval, the Developer, its successors <br />and assigns, does covenant and agree to perform the work as set forth in the Plans, in <br />the aforesaid approval, and as hereinafter set forth upon the real estate (hereinafter <br />referred to as "Property") described as follows: <br />Tract A, Registered Land Survey No. 240, Anoka County, Minnesota. <br />And <br />That part of the Southwest Quarter of the Northeast Quarter of Section 24, Township <br />31, Range 22, described as follows: Beginning at the point of intersection of the <br />South line of County State Aid Highway 14 and the Easterly right-of-way line of <br />Interstate No. 35E; thence East along said South line of County State Aid Highway <br />No. 14, a distance of 200 feet; thence at a right angle South 250 feet; thence at a <br />right angle West 298.22 feet to the Easterly right of way line of Interstate Highway <br />No. 35E; thence Northerly along said Easterly right-of-way line 275.62 feet to the <br />point of beginning, according to the United States Government Survey thereof, <br />Anoka County, Minnesota. <br />NOW, THEREFORE, in consideration of the mutual promises of the parties made <br />herein, <br />IT IS AGREED BY AND BETWEEN THE PARTIES HERETO: <br />DESIGNATION OF IMPROVEMENTS. <br />A. Improvements on the project site to be installed at the Developer's <br />expense by the Developer as hereinafter provided are hereinafter referred <br />to as "On -site Work". <br />B. Improvements off the project site to be installed at the Developer's <br />expense, if any, by the Developer as hereinafter provided are hereinafter <br />referred to as "Off -Site Work". <br />ON -SITE WORK. <br />Ad Site Performance Agreement page 1 of 14 <br />