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Exhibit G AGREEMENT TO PAY DEFICIENCIES THIS AGREEMENT, made and entered as of this 56 day of June, 2000, by and between the City of Ramsey, a Minnesota municipal corporation, having its principal office at 15153 Nowthen Boulevard Northwest, Ramsey, Minnesota 55303 ("'City"), and H & P I7evelnpment L.L.C., a Minnesota Limited Liability Company having its principal office at 13915 Radium Str. NW, Ste A, Ramsey, Minnesota 55303 ("Developer"). WITNESSETH: WHEREAS, the City and the Developer entered into an agreement entitled Contract for Private Development ("Agreement"), dated June 5, 2000, regarding development of certain real property situated in the City of Ramsey, legally described as Lots 1 and IA, Brock 1, WEST RADIUM BUSINESS CENTER FIRST ADDITION ('Property'), and WHEREAS, the City has established Tax Increment Financing District No. 2 pursuant to M.S. §469.174 through §469.179, and has established Development District No. I pursuant to M.S. §469.124 through §469.134, which includes the Property; and WHEREAS, the Agreement requires thc City to construct certain improvements on or adjacent to the Property and requires the Developer to construct certain improvements ("Minimum Improvements") thereon, all as more fully described in the Agreement; and WHEREAS, in order to finance the public costs related to construction of the Minimum Improvements on the Property, the City has agreed to use its tax increment financing funds or to otherwise fund such costs: and WHEREAS, the Agreement requires the execution of this Agreement to Pay Deficiencies NOW, 'THEREFORE, in consideration of the mutual covenants and obligations of thc City and the Developer, the parties do hereby agree as follows: 1. Except as qualified by Section 3 herein, if for any reason, the Net Tax Increment generated from the Property payable with the real estate taxes due in any calendar year commencing in 2002 and ending in 2012, is less than the required tax increment ("Required Increment") as defined in Section 2 herein, the City will notify the Developer of the difference ("Deficiency"), and will make written demand of the Developer for the payment thereof. The Developer must, within 30 days after receipt of written notice from the City, pay to the City the Deficiency. Payments will be based upon the norrnal real estate tax payment schedule of hi annual payments.