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Parcel # <br />7 <br />60 <br />62 <br />65 <br />68 <br />69 <br />NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: <br />1. AGREEMENT ON VALUE OF REAL ESTATE <br />The County and Owner acknowledge that the outstanding loan values of the RALF Parcels <br />have been used to proportionately value the land that is needed for the Highway Project. Neither <br />the County nor Owner obtained appraisals and the values have been determined in consultation <br />with the Metropolitan Council. <br />2. SETTLEMENT AMOUNT <br />The County and Owner agree that just compensation for all damages suffered as a result of <br />the County's proposed Highway Project and acquisition of the RALF Parcels described in Exhibit <br />A, are reflected in the "acquisition price" in the chart below ("Settlement Amount"). Payment of <br />the Settlement Amount, plus all recording and related fees reflected on the Closing Statements, <br />shall constitute full and complete satisfaction of any and all claims that Owner has now or may <br />have in the future against the County regarding the RALF Parcels, the Highway Project, attorney's <br />fees, or any other costs or damages resulting from or relating to the acquisition of the RALF Parcels <br />and construction of the Highway Project. <br />PID # <br />28-32-25-43-0002 <br />35-32-25-23-0006 <br />35-32-25-31-0007 <br />35-32-25-31-0024 <br />35-32-25-31-0027 <br />35-32-25-31-0028 <br />address <br />7443 Hwy 10 <br />6201 Hwy 10 <br />6159 Hwy 10 <br />unassigned <br />6101 Hwy 10 <br />6101 Hwy 10 <br />Loan # <br />L-08-01 <br />L-07-05 <br />L-04-04 <br />L-05-03 <br />L-06-02 <br />L-06-02 <br />Lot <br />size <br />Balance (acre) <br />$1,260,686.00 3.37 <br />$ 551,934.00 1.1 <br />$ 372,647.00 0.39 <br />$ 263,334.00 0.61 <br />$ 384,868.00 0.43 <br />$ 384,868.00 0.5 <br />Lot size Loan per Acquisition <br />(SF) SF Area (SF) <br />146,797 $ 8.59 6620 <br />47,916 $ 11.52 2500 <br />16,988 $ 21.94 1004 <br />26,572 $ 9.91 2800 <br />18,731 $20.55 2508 <br />21,870 $17.67 2796 <br />3. EXECUTION AND DELIVERY OF DEED / RELEASES <br />ACQUISITION <br />PRICE <br />$ 56,852.18 <br />$ 28,796.96 <br />$ 22,023.12 <br />$ 27,749.00 <br />$ 51,532.71 <br />$ 49,407.30 <br />As a result of this Settlement, prior to or at the closing on the real estate, Owner shall: <br />a. Sign and deliver to the County fully executed deed(s) in recordable form, conveying <br />all property interests described in Exhibit A to the County; and <br />2 <br />