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9a. Attachment B FIRST AMENDMENT TO CONTRACT FOR PRIVATE DEVELOPMENT This Amendment is made as of ____________, 2015, by and between the Housing and Redevelopment Authority in and for the City of Roseville, Minnesota, a public body corporate and politic and political subdivision of the State of Minnesota (the “Authority”) and Jamie Crandall and Greg Tharaldson (the “Buyer”). WHEREAS, the Authority and the Developer entered into that certain Contract for Private Development dated as of September 30, 2014 (the “Agreement”) providing, among other things, for the construction of certain improvements (the “Improvements”) on the property legally described within the Agreement (the “Development Property”); and WHEREAS, due to unanticipated delays experienced by the Buyer in the construction process for the Improvements, the parties have determined to extend the date of completion of construction of the Improvements. NOW, THEREFORE, in consideration of the premises and the mutual obligations of the parties hereto, each of them does hereby covenant and agree with the other as follows: 1. Amendment to Section 4.3 of the Agreement. Section 4.3 of the Agreement is amended as follows: Section 4.3. Schedule of Construction. Subject to Unavoidable Delays, construction of the Improvements shall be completed prior to _________________, 2015 (the “Construction Completion Date”). All construction shall be in conformity with the approved Construction Plans and the Guidelines. Periodically during construction the Buyer shall make reports, in such detail as may reasonably be requested by the Authority, concerning the actual progress of construction. If at any time prior to completion of construction the Authority has cause to believe that the Buyer will be unable to complete construction of the Improvements in the time permitted by this Section 4.3, it may notify the Buyer and demand assurances from the Buyer regarding the Buyer’s construction schedule. If such assurances are not forthcoming or are deemed by the Authority at its sole discretion to be inadequate, the Authority may declare an Event of Default and may avail itself of any of the remedies specified in Section 8.2 of this Agreement. 2. Miscellaneous. Except as amended by this Amendment, the Agreement shall remain in full force and effect. Upon execution, Buyer shall reimburse the Authority for all out-of pocket- costs incurred by the Authority in connection with negotiating, drafting and approval of this Amendment. (Remainder of this page intentionally left blank.) 464195v1 MNI RS275-8