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IN WITNESS WHEREOF, the EDA and the Developer have executed this Memorandum <br />as of the date and year first above mentioned. <br />ECONOMIC DEVELOPMENT AUTHORITY OF THE <br />CITY OF LITTLE CANADA, MINNESOTA <br />By <br />Its President <br />By <br />Its Secretary <br />STATE OF MINNESOTA ) <br />) ss <br />COUNTY OF RAMSEY ) <br />The foregoing instrument was acknowledged before me this day of <br />, 2003, by Michael I. Fahey and Joel R. Hanson, the President and <br />Secretary of the Economic Development Authority of the City of Little Canada, a body corporate <br />and politic established pursuant to Minnesota Statutes, Chapter 469, on behalf of the Authority. <br />1450998v8 <br />Notary Public <br />C, -7 <br />- 4 3 - <br />