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and (vii) BUYER has no liability to SELLER if the tax -free exchange is not completed for any <br />reason including BUYER'S default. BUYER makes no representations or warranties that the <br />SELLER'S proposed transaction will qualify as a like -kind exchange under I.R.C. 1031 and <br />applicable regulation thereunder. <br />IN WITNESS WHEREOF, the parties hereto have signed below on the date first written <br />above: <br />SELLER: BUYER: <br />CITY OF RAMSEY, a Minnesota <br />municipal corporation <br />By: <br />Todd N. Bialon Bob Ramsey <br />Its: Mayor <br />ATTEST: <br />Kelly J. Bialon <br />ED <br />Kurt Ulrich <br />Its: City Administrator <br />11 <br />