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<br />BROOKFIELD ADDITION <br />AMENDMENT TO WATER MAIN AND SANITARY SEWER COST <br />CONTRIBUTIONIREIMBURSEMENT AGREEMENT <br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA <br /> <br />THIS AGREEMENT, made and entered into by the CITY OF RAMSEY, a Municipal Corporation <br />under the laws of the State of Minnesota (the "CITY"); OAKWOOD LAND D VELOPMENT, <br />INC., a Minnesota Corporation ("Oakwood"); and 21sT CENTURY BANK, aM' ta Corporation <br />("21 st,,); <br /> <br />WHEREAS, Oakwood is now entitled to reimbur ent from City under Article 3 of the WSCA, and <br /> <br /> <br /> <br />WITNESSETH: <br /> <br />WHEREAS, Oakwood and City are parties to the following: <br /> <br />WATER MAIN AND SANIT A <br />COST CONTRIBUTIONIREIMBURS <br />(the "WSCA") <br />Dated March 22, 2006 <br />(copy appended hereto), <br /> <br />and <br /> <br />WHEREAS, pursuant to the WSCA, Oakw tributed to City the sum of $6.0 million in <br />performance of its obligations under Article 2 of <br /> <br />WHEREAS, Oakwood h reimbursement under the WCSA to 21St, as <br />contemplated by Article 3 <br /> <br />WHEREAS, 21 st and i <br />known as Brookfield First <br />(collectively, "Brookfield") <br /> <br /> <br />ment on numerous issues in connection with certain plats <br />Brookfield Second Addition, and Brookfield Third Addition <br /> <br />of the foregoing and in consideration of the mutual promises <br /> <br />21 st is hereb . ted for Oakwood under Articles 3, 4 and 5 of the WCSA. It is acknowledged that <br />all duties of a arties under Articles 1 and 2 of the WCSA have been fully performed, and that <br />Oakwood con Ibuted the sum of$6.0 million under Section 2.01 of the WCSA. From and after the date <br />hereof, Oakwood shall have no interest or rights under the WCSA. Where the word "Oakwood" is used <br />herein, it shall be deemed to mean "21 st" unless a different connotation is apparent. <br />