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Exhibit A <br /> Assessment.Agreement <br /> THIS ASSESSMENT AGREEMENT (this "Agreement") is made this 20th day of May, <br /> 2011, by and between City of Ramsey, a Minnesota municipal corporation (the "City") with <br /> offices at 7550 Sunwood Drive N.W., Ramsey, Minnesota 55303, and Hageman Holdings, <br /> LLC, a Minnesota limited liability company ("Owner") having an address of 13200 43rd St. NE, <br /> St. Michael, MN 55376, and is based on the following facts: <br /> A. Owner is the owner of fee title the Property, as defined in the Development <br /> Contract. <br /> B. Owner has applied to the City for approval of a subdivision of the Property into <br /> Lot 1, Block 1, and Outlots A, B, C and D, Alpha Development, Anoka County, Minnesota, <br /> pursuant to the plat of Alpha Development(the "Plat"). <br /> C. The City has approved the Plat subject to certain conditions as specified in that <br /> certain Development Contract between the City and Owner, dated May 19, 2011 (the <br /> "Development Contract"). <br /> D. The Development Contract contemplates that the City and Owner will enter into <br /> this Agreement. <br /> NOW, THEREFORE, in consideration of the facts stated above,the mutual promises and <br /> agreements set forth below, and for other good and valuable consideration, the receipt and <br /> sufficiency of which are hereby acknowledged by the City and Owner, the parties hereby agree <br /> as follows: <br /> 1. Recitals Inco orp rated. The facts stated above are hereby incorporated into this <br /> Agreement and made a part of this Agreement by this reference. <br /> 2. Definitions. Capitalized terms used but not defined in this Agreement are defined <br /> as provided in the Development Contract. <br /> 3. Assessment. A special assessment(the"Assessment") is hereby levied against <br /> the Property under.Minnesota Statutes Chapter 429 in an amount(the"Aggregate Assessment <br /> Amount") equal to the amount of the"Project Costs"of the Stage I City Improvements as <br /> defined in the Development Contract. For purposes of this Agreement, "Project Costs"means <br /> the actual total cost of the Stage I City Improvements including: 1) 5% contingency, 2) 16% for <br /> for construction engineering and administration fees, and; 3)trunk fees. The Aggregate <br /> Assessment Amount shall not exceed $1,701,077.34, and the assessment shall be allocated to and <br /> levied against portions of the Property created by the Plat as follows: <br /> ALPHA DEVELOPMENT/Legacy Christian Academy <br /> Development Contract <br /> Page 13 of 16 <br />