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1 <br />TW185\1\1011577.v13 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />(reserved for recording information) <br /> <br /> <br />DEVELOPMENT AGREEMENT <br />(Developer Installed Infrastructure) <br /> <br /> <br />RICE CREEK COMMONS THUMB PARCEL <br /> <br /> <br /> <br /> THIS DEVELOPMENT AGREEMENT (“Agreement”) is dated <br />____________________, 2025, and is by and between the Twin Cities Army Ammunition Plant <br />Joint Development Authority, a Minnesota joint powers entity organized under Minn. Stat. § <br />471.59 9 (the “JDA”), and Ryan RCC I, , a limited liability company organized under the laws of <br />the state of Delaware (the “Developer”). <br />WHEREAS, the City of Arden Hills (the “City”) and Ramsey County (the “County”) are <br />parties to a Joint Powers Agreement (the “JPA”) to develop property within the City and the <br />County known as the Twin Cities Army Ammunition Plant (“TCAAP”), or now commonly known <br />as Rice Creek Commons; and <br />