DEVELOPER'S AGREEMENT PROJECT BLACK BEARDeveloper's Agreement • August 16th, 2023 • Minnesota
Contract Type FiledAugust 16th, 2023 Jurisdictionreferred to as this “Agreement”) entered into this day of August, 2023 (hereinafter referred to as the “Effective Date”) by and among RYAN COMPANIES US, INC., a Minnesota corporation (hereinafter referred to as “Developer”), BLACK BEAR MN, LLC, a Delaware limited liability company (“Project Land Owner”) (i) C. S. MCCROSSAN, INC., a Minnesota corporation having an address of 7865 Jefferson Hwy North, Maple Grove, MN 55369 (“McCrossan Seller”), (ii) CHALEN, LP, a Minnesota limited partnership having an address at 7865 Jefferson Hwy North, Maple Grove, MN 55369 (“Chalen Seller”), (iii) BLAKELEY PROPERTIES, LLC, a Minnesota limited liability company having an address at 7865 Jefferson Hwy North, Maple Grove, MN 55369 (“Blakeley Seller”), and (iv) WHITEHORSE, LLC, a Minnesota limited liability company having an address at 7865 Jefferson Hwy North, Maple Grove, MN 55369 (“Whitehorse”, and, together with McCrossan Seller, Chalen Seller, and Blakeley Seller, hereinafter collectively referred t