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The foregoing was acknowledged before me this ~ day of <br />by the of MonarCh Homes <br />corporation under the laws of the State of Minnesota, on behalf of the corporation, <br /> <br />2003 <br />Inc., a <br /> <br />This instrument was drafted by: <br />City of Ramsey <br />15153 Nowthen Blvd. NW <br />Ramsey, Iv[N 55303 <br /> <br />Notary Public <br /> <br /> Reviewed by: <br /> Randall, Dehn and Goodrich <br /> 2140 Fourth Avenue <br /> Anoka, <br /> <br />Development Agreement/Tiger Meadows <br /> Page 11 Of 12 <br /> <br />-247- <br /> <br /> <br />