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3141709 <br />CERTIFICATE OF COMPLETION <br /> <br />WHEREAS, the Economic Development Authority of the City of Little Canada, a <br />body corporate and politic under the laws of the State of Minnesota (the “EDA”), has <br />entered into a Development Agreement dated December 27, 1995 (the “Agreement”) with <br />Market Place Center Limited Liability Company, a Minnesota limited liability company <br />(the “Developer”) for the development of property legally described as: <br /> <br />Lot 2, Block 1, Market Place 2nd Addition, according to the recorded plat thereof, <br />Ramsey County, Minnesota <br /> <br />Abstract Property <br /> <br />(the “Property”); and <br /> <br />WHEREAS, the terms and conditions of the Agreement is evidenced by a <br />Memorandum of Development Agreement between Market Place Center Limited Liability <br />Company, and the EDA, which was filed April 30, 1996, as Document No. 2925270, in the <br />Office of the Ramsey County Recorder; and <br /> <br />WHEREAS, the Developer has performed all covenants and conditions of the <br />Agreement, and the EDA deems it sufficient to permit the execution and recording of this <br />certification of completion; <br /> <br />NOW, THEREFORE, the undersigned hereby certifies that the Developer has <br />complied with and completed all obligations in the Agreement. Therefore, pursuant to <br />Section 7(e) of the Agreement, the Developer is therefore released and forever discharged <br />from its obligations under the Agreement, and the Agreement shall no longer encumber the <br />Property. <br />