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2 Nothing in this Agi cement shall limit the discretion of the county assessor or any <br /> other public official of body having the duty to determine the Market Value of the <br /> Combined Property for ad valorem tax purposes to assign to the Combined <br /> Property a Market Value in excess of the Minimum Market Value specified in this <br /> Agreement <br /> 3 Neither the preambles nor the provisions of this agreement are intended to modify <br /> not shall they be construed as modifying, the terms of the Agreement <br /> 4 This agreement shall remain in effect and inure to the benefit and be binding upon <br /> the successors and assigns of the parties through the Maturity Date as described in <br /> the Agreement <br /> 5 As provided in M S § 469 177, Subdivision 8, nothing contained herein shall be <br /> deemed to limit the right or opportunity of the Developer to challenge, through <br /> any legal means, that part of any valuation on the market value of the Combined <br /> Property, which is in excess of the stipulated Minimum Market Value contained <br /> in this agreement, provided, however, that the Developer June not institute or <br /> prosecute any challenge to the excess which, if successful, would also result in a <br /> reduction of the assessment below the Minimum Market Value <br /> 6 Capitalized terms not otherwise defined herein have the meanings given them in <br /> the Agreement <br /> CITY OF RAMSEY, MINNESOTA HSHT LLC <br /> By <br /> Its Mayor Its Chief Manager <br /> By <br /> Its C dministiator <br /> 34 <br />