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<br />1664674v2 S-1 <br /> <br />IN WITNESS WHEREOF, the Authority and the Developer have caused this Agreement <br />to be duly executed by their duly authorized representatives, on or as of the date first above <br />written. <br /> <br /> <br />VELMEIR CO., L.L.C. <br /> <br /> <br /> <br />By <br /> Its <br /> <br /> <br /> <br /> <br />By <br /> Its <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />This is a signature page to the Development Agreement by and between the City of Mounds <br />View, Minnesota and Velmeir Co., L.L.C.. <br />