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RELEASE OF DEVELOPMENT AGREEMENT <br />Date: January 14, 2019 <br />The City of Ramsey, a Minnesota municipal corporation (the "City") hereby releases that certain real property <br />which is legally described as follows: <br />Lot 1, Block 1, COR Stone Brook Academy, Anoka County, Minnesota <br />(the "Property") from the following: <br />1. That certain Development Agreement by and between the City and MK Johnson Properties, LLC., <br />dated November 2, 2017 and filed November 7, 2017 as Document No. 552705.006 in the office of <br />the Anoka County Recorder (the "Development Agreement"); and <br />THE CITY OF RAMSEY <br />By: <br />Its Mayor <br />And By: <br />Its City Administrator <br />STATE OF MINNESOTA) <br />)ss. <br />COUNTY OF ANOKA ) <br />The foregoing Release was acknowledged before me this day of , 2020, by John LeTourneau, <br />the Mayor and Kurtis G. Ulrich, the City Administrator, respectively, of the City of Ramsey, a Minnesota municipal <br />corporation, on behalf of the City. <br />This instrument drafted by: <br />City of Ramsey <br />7550 Sunwood Dr. N.W. <br />Ramsey, MN 55303 <br />Notary Public <br />This instrument reviewed by: <br />Ratwick, Roszak, and M <br />730 2nd Ave S #300 <br />Minneapolis, MN 55402 <br />