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Clearwater Commons <br />Development Agreement <br />September 8, 2025 <br /> page 12 <br />The terms and provisions hereof shall be binding upon and inure to the benefit <br />of the heirs, representatives, successors and assigns of the parties hereto and <br />shall be binding upon all future owners of all or any part of the Subdivision and <br />shall be deemed covenants running with the land, unless otherwise released <br />pursuant to section 14 of this Agreement. <br /> <br />b. Validity. <br /> <br />If a portion, section, subsection, sentence, clause, paragraph or phrase in this <br />agreement is for any reason held to be invalid by a court of competent <br />jurisdiction, such decision shall not affect or void any of the other provisions of <br />the Development Agreement. <br /> <br />c. Notices <br /> <br />Whenever in this Agreement it shall be required or permitted that notice or <br />demand be given or served by either party to this Agreement to or on the other <br />party, such notice or demand shall be delivered personally, or mailed by United <br />States mail to the addresses below, or sent by email to the email address below. <br />Such notice or demand shall be deemed timely given when delivered personally <br />or when deposited in the mail in accordance with the above or when emailed. <br />The addresses of the parties are as set forth until changed by notice given as <br />above. <br /> <br />ALino LLC <br />3435 Labore Rd, Ste 150 <br />Vadnais Heights, MN 55110 <br />Paul@tymeproperties.com <br /> <br /> Community Development Director <br /> City of Lino Lakes <br /> 600 Town Center Parkway <br /> Lino Lakes, MN 55014 <br /> mgrochala@linolakes.us <br /> <br />Page 147 of 168