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IN WITNESS WHEREOF, the City of Elk River, the Economic Development Authority <br />for the City of Elk River, Developer and NEOS have caused this Development Agreement to <br />be executed as of the date and year first above written. <br />CITY OF ELK RIVER <br />By: <br />Henry Duitsman, Mayor <br />By: <br />Patrick D. Klaers <br />City Administrator <br />ECONOMIC DEVELOPMENT AUTHORITY <br />FOR THE CITY OF ELK RIVER <br />4—J�liO <br />Elk iver 40 <br />is <br />By: <br />William Rubin, Executive Director, <br />Elk River EDA <br />BREAGAN CORPORATION <br />NEOS, INC. <br />: <br />ON <br />0 rxa RX445.02 4 <br />