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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 O'CLILLINAN PROPERTIES, LLC_ A MINNESOTA LIMITED LIABILITY <br />COMPANY. a Minnesota Corporation dated June 26. 2007, and that for purposes of this <br />certification, capitalized terms not otherwise defined in this Certification have meanings given <br />them in the Assessment Agreement. y 4 <br />(2) That I am legally responsible for assessment of the Development Property. <br />(3) That I have reviewed the plans and specifications for the Minimum Improvements to <br />be constructed on the Development Property. <br />(4) That I find that the Minimum Market Value of One Million Nine Hundred Thousand <br />Dollars ($I,900,000) for the Minimum Improvements and the Development Property as <br />stipulated in paragraph 1 of the foregoing Assessment Agreeme l is a reasonable value. <br />Ano <br />Anoka County, Minnesota <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged before me this j day of July. 2007, by <br />Michael R. Sutherland, the Assessor of the County of Anoka. Minnesota. <br />Signature of Notary ublic <br />36 <br />