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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />FIRST AMENDMENT TO REAL ESTATE PURCHASE AGREEMENT <br /> <br /> This First Amendment to Real Estate Purchase Agreement (this “First Amendment”) is made <br />this ____ day of February, 2024 by and between the Economic Development Authority for the City <br />of Elk River, Minnesota, a Minnesota body corporate and politic (the “Seller”) and Thunderstruck <br />Exteriors, Inc., a Minnesota business corporation (the “Purchaser”). <br /> <br />WHEREAS, the Sellers and the Buyer entered into that certain Real Estate Purchase <br />Agreement dated May 19, 2023 (the “Agreement”) providing for the conveyance by the Seller to the <br />Purchaser of certain property located in the City of Elk River, Sherburne County, Minnesota and <br />legally described as follows: <br /> <br />Lot 1, Block 1, Natures Edge Business Center, according to the recorded plat thereof, <br />County of Sherburne, State of Minnesota. <br /> <br />Parcel ID 75-00820-0105 <br /> <br /> (the “Property”); and <br /> <br />WHEREAS, due to unanticipated delays, the parties have determined to further extend the <br />Closing Date set forth in the Agreement to February 23, 2024 or such other date on which the Seller <br />and Purchaser may agree; and <br /> <br />WHEREAS, due to a change in plans for access to the Property, the Seller has agreed to <br />reduce the purchase price of the Property by $10,000; and <br /> <br /> NOW, THEREFORE, in consideration of the premises and the mutual obligations of the <br />parties hereto, each of them does hereby covenant and agree with the other as follows: <br /> <br />1. Amendment to Paragraph 10 of the Agreement. The first paragraph of Paragraph 10 <br />of the Agreement is amended to read as follows: <br /> <br />EL185\\73\\930372.v1 <br />