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not institute or prosecute any challenge to the excess which, if successful, would also result in a <br />reduction of the assessment below the Minimum Maiket Value <br />6 Capitalized terms not otherwise defined heiein have the meanings given them m the Agieement <br />CITY OF RAMSEY, MINNESOTA <br />Its Mayor <br />By <br />Its Ci A. nistiator <br />COUNTY OF ANOKA <br />) ss. <br />) <br />BASALT PROPERTIES, LLC, A MN <br />LIMITED LIAB Y COMP <br />By <br />Its <br />c- pi st, <br />Ear SEAN M. SULLIVAN <br />,1 t' -V NOTARY PUB LIG -MINNESOTA <br />� E} 1 \' tt <br />e `,� Myq,Comm Exp /� pJan 31, 20C�, <br />hief <br />On this rAl114day of October, 2003, before me, a Notary Public, peisonally appeared Thomas G Gamec <br />and James E Norman to me peisonally known, who, being each by me duly sworn did say that they are respectively <br />the Mayoi and City Administrator of the City of Ramsey, the Municipal Corporation named in the foregoing <br />instrument, and the seal affixed to said instrument is the corporate seal of said Municipal Corporation, and the said <br />instrument was signed and sealed on behalf of said Municipal Corporatto authority of its City Council and said <br />Thomas G Gamec and James E Norman acknowledge said in rent . be e free act and deed of said Municipal <br />Corporation ` } <br />STATE OF MINNESOTA <br />)ss <br />COUNTY OF ANOKA <br />Signa <br />The foregoing Instrument was acknowledged before <br />Kalway, Chief Manager of BASALT PROPERTIES, LLC, a Mi <br />Limited Liability Company <br />SEAN M. SULLIVAN <br />NO1 RY P1JBI1G - MINNESOTA <br />My Comm. Exp. Jan. 31, 2005 <br />Notary Public <br />rs 2-14VAt * • October, 2003, by Lenny J <br />eso a Li r Company on behalf of the <br />ted Liabrl <br />natal of No <br />ry Public <br />29 <br />