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7 <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 <br />under the Development Agreement with respect to Lot 2, Block 1, Arden Plaza Addition, Ramsey <br />County, Minnesota (the “Property”). All section references refer to the applicable sections of the <br />Development Agreement: <br /> <br />Obligations to be assigned to and assumed by Buyer under the Development Agreement with respect <br />to the Property. All section references refer to the applicable sections of the Amended and Restated <br />Master Planned Unit Development Agreement and Phase I Development Contract by and among <br />Seller, the City of Arden Hills, Minnesota (the “City”) and PAMELA A. COUCH, as Trustee of the <br />Pamela A. Couch 2011 Trust dated November 15, 2011, an undivided 25% interest; and JAMES <br />G. COUCH, as Trustee of the JGC Trust of 2007 dated August 14, 2007, an undivided 75% interest <br />(“Couch/JGC Trusts”) recorded with the Ramsey County Registrar of Titles on February 9, 2016 <br />as Document No. T02551172, unless otherwise noted. <br /> <br />• Any and all obligations in the Redevelopment Plans governing the Property or to which the <br />Property is subject (Section 1). <br />• Sign and Code Standards (Section 2(E). <br />• The land is subject to the following: adherence to the Redevelopment Documents (Section <br />2(C)); Traffic Mitigation provisions set forth in Section 2(H). <br />• Construction Easements (Section 2(L))(if applicable). <br />• Buyer assumes the obligation to pay its allocable share of Traffic Signals and Future <br />Assessment including the TS Improvements and B-2 District Streetscape as set forth in <br />Sections 2(I), 2(K) and 4(C) which share shall be at least the amount calculated by multiplying <br />the cost of the project attributable to the Lot 2, Block 1, Arden Plaza or such other amount <br />determined by the assessor using assessor standard calculations based on Lot 2 being 7.14% <br />of the total area of the Shopping Center as set forth in that certain Declaration dated September <br />15, 2015 as filed with the Ramsey County Registrar of Title on September 28, 2015 as <br />Document No. T02541137. <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 />• Limitation of Liability (Section 7) <br />• Remedies (Section 11)