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WITNESSETH: <br />MMI PRECISION LLC <br />DEVELOPMENT PERMIT <br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA <br />THIS PERMIT, made and entered into by and between the CITY OF RAMSEY, a municipal <br />corporation under the laws of the State of Minnesota (the "CITY "), and MMI PRECISION LLC, a <br />limited liability company (Domestic) under the laws of the State of Minnesota, whose address is 14040 <br />Azurite St NW, Ramsey, MN 55303 (the "PERMITTEE "). <br />WHEREAS, the PERMITTEE is the fee owner of the property generally known as 14040 Azurite <br />St NW, Ramsey, MN 55303, and legally described as follows: <br />That part of Lot 1, AUDITOR'S SUBDIVISION NO. 30, Anoka County, Minnesota, <br />described as beginning at the Northeast corner of Lot 2 of said AUDITOR' S <br />SUBDIVISION NO. 30; thence Southeasterly along the Southeasterly extension of <br />the Northeasterly line of said Lot 2 for a distance of 16.40 feet, more or less, to <br />intersect the West line of the East 946 feet of said Lot 1, as measured along the North <br />line of said Lot 1, also being the North line of the Northeast Quarter of Section 34, <br />Township 32, Range 25, Anoka County, Minnesota; thence North along said West <br />line of the East 946 feet of Lot 1 for a distance of 250 feet; thence West at right angles <br />a distance of 200 feet; thence South at right angles a distance of 160.4 feet, more or <br />less to intersect said Northeasterly line of Lot 2; thence Southeasterly along said <br />Northeasterly line of Lot 2 to the point of beginning. Containing 0.94 acres, more or <br />less. <br />AND <br />That part of Lot 1, AUDITOR'S SUBDIVISION NO. 30, Anoka County, <br />Minnesota, described as commencing at the Northeast corner of Lot 2, said <br />AUDITOR'S SUBDIVISION NO. 30; thence Southeasterly along the <br />Southeasterly extension of the Northeasterly line of said Lot 2 for a distance of <br />16.40 feet, more or less, to intersect the West line of the East 946 feet of said Lot <br />1, as measured along the North line of said Lot 1, also being the North line of the <br />Northeast Quarter, Section 34, Township 32, Range 25, Anoka County, Minnesota; <br />thence North along said West line of the East 946 feet of Lot 1 for a distance of 250 <br />feet to the actual point of beginning of the tract to be hereby described; thence West <br />at right angles a distance of 200 feet; thence North at right angles a distance of <br />78.25 feet, more or less, to intersect the South line of the North 250 feet of said Lot <br />1, as measured parallel with the East line of said Northeast Quarter of Section 34; <br />thence East along said South line of the North 250 feet a distance of 200 feet to <br />intersect said West line of the East 946 feet of Lot 1; thence South along said West <br />line of the East 946 feet a distance of 76.78 feet, more or less to the point of <br />beginning Containing 0.35 acres, more or less. <br />(the "Subject Property "); and <br />MMI Precision LLC <br />Development Permit <br />Page 1 of 6 <br />