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Attachment AAttachment A ASSIGNMENT OF DEVELOPMENT AGREEMENT THIS ASSIGNMENT OF DEVELOPMENT AGREEMENT (this “Agreement”), is CITY OF ARDEN made and entered into as of the___ day of May, 2013, by and among the HILLS, MINNESOTA1201 ,a political subdivision of the State of Minnesota(the “City”), COUNTY RD E, LLC, TAT PROPERTIES, a Minnesota limited liability company(“1201”), LLC, a Minnesota limited liability company(“TAT”) (1201 and TAT are referred to herein and BMO HARRIS BANK N.A. jointly and severally obligated hereunder as, the “Borrower”), and , a national banking association(the “Lender”). WITNESSETH: WHEREAS, the City and the Borrower have entered into that certainDevelopment Contract and Planned Unit Development Agreement dated as of February 11,2013and recorded on February 22, 2013 with the Ramsey County Recorder, as Document No. 4386982(the “Development Contract”), pertaining to the renovation by theBorrower of a project located at 1201 County Road E, Arden Hills, Minnesota, on land legally described on Exhibit Aattached hereto and hereby made a part hereof (the “Project”); and WHEREAS, in order to provide funds for the construction of the Project by the Borrower, the Lender is providing financing in the principal amount of Five Million Three Hundred Seventy Thousand and no/100 Dollars ($5,370,000.00)(the “Loan”), pursuant to the terms of that certain Construction Loan Agreement dated as of May __ , 2013 (the “Loan Agreement”), by and between the Borrowerand the Lender; and WHEREAS, the Loan is secured by, among other things, that certain Combination Mortgage, Security Agreement, Fixture Financing Statement and Assignment of Leases and Rents encumbering the Project dated as of May __ , 2013 (the “Mortgage”), executed by the Borrowerin favor of the Lenderand filed of record in the office of theRamsey County Recorder on May __ , 2013,as Document No._______________; and WHEREAS, the Lender has required, as an express condition to disbursement of the Loan, (a) that the Borrowerassign all of its rights under the Development Contract to the Lender to secure the obligations of the Borrowerto the Lender under the Loan, (b) that the Cityagree to honor all terms and conditions of the Development Contract following assignment of the Contract from Borrower toLender all as more fully contained herein. NOW THEREFORE, in consideration of the foregoing recitals and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 1.The Borrowerhereby assigns to the Lender all of its right, title and interest under and pursuant to the Development Contract to secure the Borrower’s obligations under the terms of the Loan. {00139337 }3452404.1