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<br />~. <br /> <br />EXHIBIT A <br /> <br />First Amendment to Loan Agreement <br /> <br />This Agreement is dated as of February 1, 1987, is by and <br />between the City of New Brighton, Minnesota; the Lender (as <br />defined in the Loan Agreement described below); and Cohasset <br />Investments, a Minnesota partnership, and provides as follows: <br /> <br />Section 3.3(a) of that certain Loan Agreement, <br />dated as of December 1, 1985, by and between the City <br />of New Brighton, Minnesota, and Cohasset Investments, <br />and respecting the City's $5,200,000 Commercial <br />Development Revenue Note of 1985 (Cohasset Investments <br />Project) is hereby amended to provide as follows: <br /> <br />n(a) On September l5, 1987, or on such <br />earlier date as the Borrower may elect, or <br />on such subsequent date as the Borrower, with <br />the prior written opinion of Bond Counsel <br />that such subsequent date will not jeopardize <br />the exemption from federal income taxation <br />of the interest on the Note, may elect (the <br />"Conversion Date") , the Note shall be <br />remarketed pursuant to the Remarketing <br />Agreement." <br /> <br />IN WITNESS WHEREOF, the parties hereto have caused this <br />Agreement to be duly executed. <br /> <br />CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />By ~J~/9~ <br /> <br />Robert Benke, Mayor <br /> <br />By /- -~ ~~ <br /> <br />Henry Si a, City Manager <br /> <br />COHASSET INVESTMENTS <br /> <br />By <br />Edwin J. Taylor, General Partner <br /> <br />as Lender <br /> <br />By <br />Its <br /> <br />f," <br /> <br />, <br />f <br />