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WAIVER OF RIGHT TO APPEAL FROM SPECIAL ASSESSMENT OF <br />LITTLE CANADA IMPROVEMENT PROJECT 81 -11 <br />The undersigned, Peterson Maintenance Corporation, a Minnesota <br />corporation, is the owner of a contract vendee's interest in the <br />following described property, located in the City of Little Canada, <br />County of Ramsey, State of Minnesota, which is described on Certificate <br />of Title No. 283649, as follows: <br />Lot 3, Block 1, Ryan Industrial Park. <br />The undersigned understands that A.J. Ryan Landscape Supply <br />Company, Inc., has agreed that the estimated cost of a street im- <br />provement, which is part of Little Canada Improvement Project 81 -11 <br />is $17,000.00, one -third of which is to be assessed against Lot 3, <br />Block 1, Ryan Industrial Park. The assessment shall be amortized over <br />a 15 year term, pursuant to Minn. Stat. Chapter 429. <br />The undersigned will receive Notice of a Special Assessment <br />Hearing for Little Canada Improvement Project 81 -11 as to Lot 3, <br />Block 1, Ryan Industrial Park, which hearing will be held by the <br />Little Canada City Council in the fall of 1982, at Little Canada <br />City Hall. <br />The undersigned, and its successors and assigns, hereby <br />stipulates and agrees that the special assessment of $5,667.00 <br />against Lot 3, Block 1, Ryan Industrial Park, is reasonable and is <br />based upon, and does not exceed the benefits received by the subject <br />property by reason of Little Canada Improvement Project 81 -11. <br />The undersigned, and its successors and assigns, hereby <br />stipulates and agrees that the special assessment of $5,667.00 <br />will be levied against the subject property, and will constitute <br />a lien on the subject property, in accordance with Minn. Stat. <br />Section 429.061. <br />The undersigned, and its successors and assigns, hereby <br />stipulates and agrees that any right to appeal from the special <br />assessment of $5,667.00, pursuant to Minn. Stat. Section 429.081, <br />is waived in all respects and in all events. <br />PETERSON MAINTENANCE CORPORATION <br />'ATE OF MINNESOTA ) <br />)UNTY OF ) ss. Its <br />On this day of <br />, 1982, before me Its • <br />onally appeared and <br />, who being duly sworn, did say that they are respectively the <br />and of Peterson Maintenance Corporation, <br />the seal affixed to the foregoing instrument is the corporate seal of said <br />oration, and that said instrument was executed on behalf of the corporation by <br />ority of its Board of Directors, and said and <br />owledged the instrument to be the free act and deed of said corporation. <br />I ?j Notary Public <br />