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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 Martin Land Management, L.L.C., a Minnesota Limited Liability <br />Company dated April 26, 2005. <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 1 find that the Minimum Market Value of Six Hundred Forty Seven <br />Thousand and 001100's Dollars ($647,000.00) for the Minimum Improvements <br />and the Development Property as stipulated in paragraph 1 of the Assessment <br />Agreement is a reasonable value. <br />Anoka County, Minnesota <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged b <br />by Michael R. Sutherland, the Assessor of the County <br />re me this <br />.16 <br />oka, Mi leso'ja. <br />day of 2005, <br />Signa of Notary Public <br />p SEAN M. SULLIVAN <br />I'_, = Notary Public <br />Minnesota <br />My Commission Exp les January 31, 2010 <br />37 <br />