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6 <br /> <br /> <br />EXHIBIT A <br />TO <br />ASSIGNMENT AND ASSUMPTION OF DEVELOPMENT AGREEMENT <br /> <br />ASSUMED OBLIGATIONS <br />Excepted as otherwise stated below the following obligations are assigned and assumed by Buyer under <br />the Development Agreement with respect to Lot 1, Block 1, Arden Plaza 2nd Addition, Ramsey County, <br />Minnesota (the “Property”). All section references refer to the applicable sections of the Development <br />Agreement: <br /> <br />Obligations to be assigned to and assumed by Buyer under the Development Agreement with respect to <br />the Property. All section references refer to the applicable sections of the Development Agreement: <br /> <br />• Any and all obligations in the Redevelopment Plans governing the Property or to which the <br />Property is subject (Section 1). <br />• PUD-Final Plan for Phase III submission by June 1, 2016 deadline and yearly updates <br />(Section 2(B) and (2(D)) <br />• Construction Easements (Section 2(L)). <br />• Buyer assumes the obligation to pay its allocable share of Traffic Signals and Future Assessment <br />for the B-2 District Streetscape as set forth in Section 2(T) and 2(K) which share shall be at least <br />the amount calculated by multiplying the cost of the project attributable to the former Lot 3, <br />Block 1, Arden Plaza by a 23.30% or such other amount determined by the assessor using <br />assessor standard calculation. <br />• Tree Replacement (Section 4(E)). <br />• Recording of Documents (Section 8). <br /> <br />In addition, Buyer shall be assigned the following rights under the Development Agreement limited <br />solely to the extent necessary to enforce the obligations of the City and/or the Authority under the <br />Development Agreement with respect to the Property. All section references refer to the applicable <br />sections of the Development Agreement. <br /> <br /> <br />• Limitation of Liability (Section 7) <br />• Remedies (Section 11) <br /> <br />