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FINAL RELOCATION CLAIM AGREEMENT This is the Final Relocation Claim Agreement between the City of Little Canada ( "City ") and IBC Sales Corporation ( "IBC ") and is made as of the day of , 2011 by and between the City and IBC. RECITALS WHEREAS, the City needed to acquire the property located at 2404 Rice Street, in the City of Little Canada, which was owned by IBC. WHEREAS, as a result of the City's need to acquire IBC's property, II3C was deemed to be eligible for relocation benefits pursuant to the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended, 49 C.F.R 24 and as adopted by the State of Minnesota via Minn. Stat. §117.52. WHEREAS, as part of its relocation claim, IBC sought reimbursement for certain moving expenses it incurred in the amount of $12,910.48. WHEREAS, as part of its relocation claim, IBC also sought reimbursement for the increased mileage expenses it was going to incur as a result of being displaced from its property in Little Canada. When IBC first submitted this claim it sought to have these expenses reimbursed as temporary storage expenses. WHEREAS, the City informed IBC that its temporary storage expense claim was denied because, pursuant to 49 C.F.R. 24.301(h)(11), costs for the "storage of personal property on real property already owned or leased by the displaced person" is not an eligible moving expense. However, the City also informed IBC that those expenses could possibly be claimed under 49 C.F.R. 24.304(a)(6) as reestablishment expenses for the estimated increased costs of operation during the first 2 years at the replacement site. WHEREAS, the City went on to inform IBC that it could not approve the increased mileage expenses as reestablishment expenses at that time because the decision to use the Burnsville and New Hope locations as temporary sites was a business decision dictated by the restructuring of IBC's corporate operations, not because the City displaced its business. WHEREAS, IBC informed the City that IBC was required to relocate the operations at its Little Canada site to Burnsville and New Hope as a direct result of the City's taking, and that IBC considered the mileage expenses as eligible reestablishment expenses under 49 C.F.R. 24.304 (a)(6) and (7). WHEREAS, the City informed IBC that even though these mileage expenses were not a traditional reestablishment expense, it would consider them as eligible reestablishment expenses if IBC would agree that the Burnsville and New Hope sites