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<br />EXHIBIT A <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />\[Reserved for Recording Data\] <br /> <br />RIGHT OF RE-ENTRY AGREEMENT <br /> <br /> <br />This Right of Re-entry Agreement is entered into on ______________, 2018, by <br />City of Ramsey <br />and between the , a Minnesota municipal corporation (“Seller”), <br />and <br />Centra North, LLC <br />, a Minnesota Limited Liability Company (“Buyer”). <br /> <br />Recitals <br /> <br /> <br />A.On ____________________, 2018, Seller conveyed title of the following Property <br />to Buyer: <br />Lots 1 through 10, Block 1, Lots 1 through 6, Block 2, Lots 1 through 9, Block 3, <br />Lots 1 through 6, Block 4, Lots 1 through 9, Block 5, and Outlots A, B and C, <br />COTTAGES AT THE COR <br /> <br /> <br />B.Title to the Property was conveyed subject to Buyer fulfilling certain Conditions <br />as set forth below. <br /> <br />C.As indicated in the Purchase Agreement between the City of Ramsey and Centra <br />Homes LLC, dated February 13, 2018, Section 29, it is the intent of the parties to <br />create and set forth a right to impose a penalty or a right of re-entry in favor of <br />Seller in the event Buyer fails to satisfy the Conditions. <br />Agreement <br /> <br />1.The recitals are incorporated herein as if fully set forth. <br />Resolution #18-050 <br />Page 3 of 7 <br /> <br /> <br />