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A-1 625406v1SA730-2 EXHIBIT A TO AUTHORIZING RESOLUTION Form of Note UNITED STATE OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY HOUSING AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA No. R-1 $_____________ TAX INCREMENT REVENUE NOTE SERIES 20__ (Silver Lake Village Project) Date Rate of Original Issue ___% The Housing and Redevelopment Authority of St. Anthony, Minnesota (“Authority”) for value received, certifies that it is indebted and hereby promises to pay to Doran SLV, LLC or registered assigns (the "Owner"), the principal sum of $__________ and to pay interest thereon at the rate of __% per annum, solely from the sources and to the extent set forth herein. Capitalized terms shall have the meanings provided in the Contract for Private Redevelopment between the Authority, the City of St. Anthony Village, and the Owner, dated as of _______________, 2019 (the "Agreement"), unless the context requires otherwise. 1. Payments. Principal and interest ("Payments") shall be paid on August 1, 20__ and each February 1 and August 1 thereafter to and including February 1, 2031 ("Payment Dates") in the amounts and from the sources set forth in Section 3 herein. Payments shall be applied first to accrued interest, and then to unpaid principal. Simple interest accruing from the date of issue through and including February 1, 20__ shall be added to principal. Payments are payable by mail to the address of the Owner or such other address as the Owner may designate upon 30 days written notice to the Authority. Payments on this Note are payable in any coin or currency of the United States of America which, on the Payment Date, is legal tender for the payment of public and private debts. 2. Interest. Interest at the rate stated herein shall accrue on the unpaid principal, commencing on the date of original issue. Interest shall be computed on the basis of a year of 360 days and charged for actual days principal is unpaid.