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A-1 <br />538619v3 MU205-46 <br /> <br />EXHIBIT A <br /> <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />AND INH PROPERTY MANAGEMENT, INC. <br /> <br />FIRST AMENDMENT TO PRELIMINARY DEVELOPMENT AGREEMENT <br /> <br />This first amendment (the “First Amendment”) to the preliminary development agreement dated <br />January 8th, 2018, (the “Preliminary Agreement”) by and between the Mounds View Economic <br />Development Authority, a public body corporate and politic under the laws of the state of Minnesota <br />(the “EDA”) and INH Property Management, Inc., a Minnesota corporation d/b/a INH Properties (the <br />“Developer”) is hereby approved as follows: <br /> <br /> 1. Amendment to Term of Preliminary Agreement. The Preliminary Agreement <br />included a term that expires one year after the execution of said Preliminary Agreement. Based upon <br />the ongoing negotiations between the parties thereto, each party desires and agrees to amend the term <br />of the Preliminary Agreement to expire on May 1, 2019. <br /> <br /> 2. No Other Material Changes. Besides the change to the term noted herein, the <br />Preliminary Agreement shall remain in full force and effect for the full length of the updated term. <br /> <br /> IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be duly <br />executed in their names and on behalf of their respective organizations. <br /> <br />Dated: November 26, 2018. <br /> DEVELOPER: <br /> <br /> INH PROPERTY MANAGEMENT, INC. <br /> <br /> <br /> By: ______________________________ <br /> Its: <br /> <br /> <br /> EDA: <br /> <br /> MOUNDS VIEW ECONOMIC <br /> DEVELOPMENT AUTHORITY <br /> <br /> <br /> By: _____________________________ <br /> Carol Mueller, President <br /> <br /> <br /> By: ______________________________ <br /> Nyle Zikmund, Executive Director