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DEVELOPMENT AGREEMENT <br />Java Lino Lakes <br />THIS AGREEMENT is made this day of , 2025, by and between the City <br />of Lino Lakes ("City"), a Minnesota municipal corporation, and Java Lino Retail 2.0 LLC. <br />("Developer"). <br />1. Subdivision. Developer received preliminary plat approval from the City by Resolution No. <br />24-142 for a plat known as Lino Retail 2.0 ("Subdivision"). Unless otherwise stated, all <br />terms and conditions of this Agreement relate to work within the Subdivision. <br />2. Final Plat Approval. The City's approval of the final plat of Java Lino Lakes (previously <br />known as Lino Retail 2.0) is contingent upon execution and delivery of this agreement, all <br />required petitions, bonds, security, and other documents required by the City, and <br />satisfaction of all conditions of approval required by Resolution No. 25-45. The Final Plat <br />including 3 lots is attached hereto as Exhibit A. <br />3. Phased Development. The City may refuse to approve final plats of subsequent additions <br />of the plat if the Developer has breached this Agreement and the breach has not been <br />remedied. Development of subsequent phases may not proceed until Development <br />Agreements for such phases are approved by the City and are fully executed. <br />4. Developer Plans. <br />a. The Subdivision shall be developed in accordance with the following Developer <br />Plans, original copies of which are on file with the City Engineer. The Developer <br />Plans may be prepared and revised after entering into this Agreement but must <br />be approved by the City before commencement of any work. If the plans vary <br />from the written terms of this Agreement, this Agreement shall control. <br />b. The Developer Plans as of the date of this Agreement are: <br />i. Lino Lakes 2.0 Java Properties plan set containing 21 sheets, prepared by <br />Design Tree Engineering Inc., dated March 5, 2025. <br />Java Properties, 77th & Lake Landscape plan set, containing 5 sheets, <br />prepared by Plan -Type Landscape Architecture, dated March 11, 2025. <br />iii. Java Lino Lakes Final Plat, received March 11, 2025, prepared by Design <br />Tree Engineering Inc. <br />5. Permits. The Developer shall be responsible for securing all site grading and <br />development approvals and all other required permits from all appropriate Federal, <br />