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<br />CresaPartners <br /> <br />CORPORATE REAL ESTATE SERVICE ADVISORS <br /> <br />City of Ramsey <br />April 30, 2008 <br />Page 3 of 3 <br /> <br />CANCELLATION <br />Finally, it is our policy that either party is free to cancel this engagement at any time. To do so, you <br />or we will send a letter of cancellation. Cancellation would be effective upon receipt of such a letter, <br />at which time our accrued fees for partially completed work will be determined, and such accrued <br />fees and reimbursable expenses would be payable promptly upon the effective date of any <br />cancellation. . <br /> <br />If you approve of this proposal, please acknowledge by signing in the space provided below and <br />return one copy to us. <br /> <br />Very truly yours, <br />CresaPartners . Minneapolis/St. Paul <br /> <br />};k7&~ <br /> <br />~ <br /> <br />By: William C. Tobin, Principal <br /> <br />Suzanne R.Grimm, Senior Advisor <br /> <br />We are in agreement with all of the foregoing dated this <br /> <br />day of <br /> <br />.2008. <br /> <br />City of Ramsey <br /> <br />By: <br /> <br />Its: <br />