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EXHIBIT D
<br />ASSESSMENT AGREEMENT AND
<br />CERTIFICATION OF COUNTY ASSESSOR
<br />THIS AGREEMENT, made and entered into this 26th day of April, 2005, by and
<br />between the City of Ramsey, a Minnesota municipal corporation, having its principal office at
<br />15153 Nowthen Boulevard Northwest, Ramsey, Minnesota 55303 (the "City"), and Martin
<br />Land Management, L.L.C., a Minnesota Limited Liability Company, having its principal
<br />office at 2070 204th Lane NW, Cedar, MN 55011 (the "Developer").
<br />WITNESSETH:
<br />WHEREAS, the City is administering City Development District No. 1 created pursuant
<br />to M.S. § 469.124 through § 469.134; and
<br />WHEREAS, the City is administering Tax Increment Financing District No. 10 created
<br />pursuant to M.S. § 469.174 through § 469.179; and
<br />WHEREAS, the parties have entered into a Contract for Private Development (the
<br />"Agreement"), dated March 17th, 2005, regarding the development of certain real property
<br />located in Development District No. 1 and Tax Increment Financing District No. 2 within the
<br />City and legally described as:
<br />That part of Lot 1, AUDITOR'S SUBDIVISION NO. 30, Anoka County,
<br />Minnesota, described as beginning at the Northeast comer of Lot 2 of said
<br />AUDITOR'S SUBDIVISION NO. 30; thence Southeasterly along the Southeasterly
<br />extension of the Northeasterly line of said Lot 2 for a distance of 16.40 feet, more or
<br />less, to intersect the West line of the East 946 feet of said Lot 1, as measured along
<br />the North line of said Lot 1, also being the North line of the Northeast Quarter of
<br />Section 34, Township 32, Range 25, Anoka County, Minnesota; thence North along
<br />said West line of the East 946 feet of Lot 1 for a distance of 250 feet; thence West at
<br />right angles a distance of 200 feet; thence South at right angles a distance of 160.4
<br />feet, more or less to intersect said Northeasterly line of Lot 2; thence Southeasterly
<br />along said Northeasterly line of Lot 2 to the point of beginning. Containing 0.94
<br />acres, more or 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,
<br />Minnesota; thence North along said West line of the East 946 feet of Lot 1 for a
<br />distance of 250 feet to the actual point of beginning of the tract to be hereby
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