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IN WITNESS WHEREOF, the parties hereto have executed this Lease the date <br />and year first above written. <br />Landlord's Address: CITY OF RAMSEY <br />City Administrator <br />7550 Sunwood Drive <br />Ramsey, Minnesota 55303 <br />Tenant's Address: <br />6781 Highway 10 NW <br />Ramsey, MN 55303 <br />STATE OF MINNESOTA ) <br />)ss. <br />COUNTY OF ANOKA ) <br />By: <br />Its: Mayor <br />ATTEST: <br />Its: City Administrator <br />Mille Lacs Motor Sports II, Inc. <br />a Minnesota Corporation <br />By: <br />By: <br />Its: President <br />The foregoing instrument was acknowledged before me this day of May, 2025, <br />by Ryan Heineman, the Mayor, and Brian Hagen, the City Administrator, of the City of Ramsey, <br />a Minnesota Municipal Corporation, under the laws of the State of Minnesota on behalf of the <br />Corporation. <br />Notary Public <br />STATE OF MINNESOTA ) <br />)ss. <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged before me this day of May, 2025, <br />by Tom Dehn, the President of Mille Lacs Motor Sports II, Inc., a Minnesota Corporation, under <br />the laws of the State of Minnesota on behalf of the Corporation. <br />Notary Public <br />Lease Agreement <br />Page 10 of 11 <br />