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Landlord's Address: CITY OF RAMSEY <br />City Administrator By: <br />7550 Sunwood Drive Its: Mayor <br />Ramsey, Minnesota 55303 ATTEST: <br />By: <br />Its: City Administrator <br />Tenant's Address: MILLE LACS MOTORSPORTS II, INC. <br />6781 Highway 10 NW a Minnesota Corporation <br />Ramsey, MN 55303 By: <br />Its: President <br />STATE OF MINNESOTA) <br />)ss <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged before me this day of May, 2025, by Ryan <br />Heineman, the Mayor, and Brian Hagen, the City Administrator, of the City of Ramsey, a Minnesota <br />Municipal Corporation, under the laws of the State of Minnesota on behalf of the 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, by Tom Dehn, the <br />President of Mille Lacs Motorsports II, Inc., a Minnesota Corporation. <br />Notary Public <br />Lease Agreement <br />Page 8 of 9 <br />