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CERTIFICATION BY ASSESSOR <br />The undersigned duly appointed and qualified Assessor of Anoka County, Minnesota, <br />certifies as follows: <br />(1) That I have reviewed the foregoing Assessment Agreement between the City of <br />Ramsey and Asset Resources And Acquisition, LLC, a Minnesota Limited <br />Liability Company dated January 22, 2008. <br />(2) That for purposes of this certification, capitalized terms not otherwise defined in <br />this Certification have meanings given them in the Assessment Agreement. <br />(3) That I am legally responsible for assessment of the Development Property. <br />(4) That I have reviewed the plans and specifications for the Minimum Improvements <br />to be constructed on the Development Property by the Developer. <br />(5) <br />That I find that the Minimum Market Value of One Million Four Hundred <br />Thousand and 00/100's Dollars ($1,400,000.00) for the Minimum <br />Improvements and the Development Property as stipulated,in paragraph 1 of the <br />Assessment Agreement is a reasonable value. <br />Anoka. s city <br />Anoka County, Minnesota <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged before me this j 2,11" day of February, <br />2008, by Michael R. Sutherland, the Assessor of the County of Anoka, Minnesota. <br />SEAN M. SULLIVAN <br />Notary Public <br />Minnesota <br />mmisAn €x ire;3 January 31, 2010 <br />esn <br />Signature of Notary Public <br />37 <br />