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The foregoing was acknowledged before me this day of <br />by the for Royal Oaks Realty, <br />on behalf of the corporation, <br /> <br /> , 2002, <br />a Minnesota corporation, <br /> <br />Notary Public <br /> <br />THIS INSTRUMENT WAS DRAFTED BY: <br /> <br />City of Ramsey <br />15153 Nowthen Blvd. N.W. <br />Ramsey, ~MN 55303 <br /> <br />REVIEW"ED BY: <br /> <br />Randall, Dehn and Goodrich <br />2140 Fourth' Avenue <br />Anoka, Mn 55303 <br /> <br />The Ponds Subdivision <br />Development Agreement <br />Page 13 of 13 <br /> <br />I <br />I <br /> <br /> <br />