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5. Nothing herein limits the discretion of the Assessor to assign a market value to the <br />Property in excess of such minimum market value nor prohibits the Developer from seeking, <br />through the exercise of legal or administrative remedies, a reduction in the Property's market <br />value for property tax purposes; provided, however, the Developer may not seek a reduction of <br />the Project's market value for property tax purposes below the applicable minimum market value <br />with respect to any year during which this Agreement remains in effect. <br />This Instrument Drafted By: <br />Briggs and Morgan, P.A. <br />2200 First National Bank Building <br />St. Paul, MN 55101 <br />7247Wc22Z23Z4 &.3 <br />[The remainder of this page has been left blank intentionally.] <br />3 <br />