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Declaration Amendment"). The Master Declaration Amendment was recorded in the office of the Anoka County Recorder on June 1, 2006 as Document No. 1984926.001. The Master Declaration Amendment has not been recorded in the office of the Anoka County Registrar of Titles. The Original Master Declaration as amended by the Master Declaration Amendment is referred to herein as the "Master Declaration." Exhibit A to the Original Declaration and Exhibit A to the Master Declaration Amendment describe the property that is subject to the terms of the Master Declaration (the "Subject Property"). Portions of the Subject Property have been replatted since the recording of the Original Declaration and the Master Declaration Amendment. (e) Recital Five. The Subject Property includes the portion of the HRA Property that is legally described on the attached Exhibit C (the "HRA Subiect Property") and all of the Affiliated Entities' Property. (f) Recital Six. The HRA seeks to amend the Master Declaration to release the HRA Subject Property; the real property legally described on Exhibit D; and various dedicated public rights of ways from the Master Declaration, and the Parties seek to amend the Master Declaration to release the Property legally described on Exhibit E (the "Residential Property") from the Master Declaration. (g) Recital Seven. Section 14 of the Master Declaration provides that the Master Declaration may be amended subject to various requirements including, but not limited to, a requirement that members of the Master Association holding at least 75% of the votes of all members in the Master Association approve the amendment. (h) Recital Eight. The current members of the Master Association, as calculated by the HRA, (the "Members") are as listed on the attached Exhibit F and include the HRA and the Affiliated Entities. (i) Recital Nine. The City of Ramsey has contemplated the adoption of an Ordinance establishing a special service district pursuant to Minn. Stat. Ch. 428A that would encompass all or part of the Affiliated Entities' Property. The Affiliated Entities prefer not to be a part of a special service district. (j) Recital Ten. RPC has asked the HRA to grant RPC an easement for parking purposes in the form attached as Exhibit G (the "Parking Easement Agreement") (k) Recital Eleven. The HRA and the Affiliated Entities are entering into this Agreement to provide for: (i) cooperation among and between the HRA and the Affiliated Entities in connection with the adoption and approval of an amendment to the Master Declaration releasing the HRA Subject Property from the terms of the Master Declaration; (ii) the execution and recording of a Declaration of Restrictions and Covenants restricting the ability of the owner(s) of the HRA Property from petitioning the City of Ramsey for the adoption of an Ordinance establishing a 2 4517963v7