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Exhibit C <br /> Right of Re-Entry Agreement <br /> [Reserved for Recording Data] <br /> RIGHT OF RE-ENTRY AGREEMENT <br /> This Right of Re-entry Agreement is entered into on 2024, by <br /> and between the City of Ramsey, a Minnesota municipal corporation ("Seller"), and <br /> Centra Homes LLC, a Minnesota Limited Liability Company("Buyer"). <br /> Recitals <br /> A. On 2024, Seller conveyed title of the following Property <br /> to Buyer: <br /> Part of Outlot A, COR TWO,to be platted as: <br /> Part of Outlot A. Ramsey Properties Addition, to be platted as: <br /> T.B.D. Anoka County, Minnesota <br /> PID Number: Portion of 28-32-25-22-0058 ("Property") <br /> B. Title to the Property was conveyed subject to Buyer fulfilling certain Conditions <br /> as set forth below. <br /> C. As indicated in the Purchase Agreement between the City of Ramsey and Centra <br /> Homes LLC, dated , Section 28, it is the intent of the <br /> parties to create and set forth a right to impose a penalty or a right of re-entry in <br /> favor of Seller in the event Buyer fails to satisfy the Conditions. <br /> Page 15 of 18 <br />