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of negotiations between the undersigned and the City of Little <br />Canada, the special assessment was substantially reduced and the <br />Development Contract was amended. <br />The undersigned understand and acknowledge that the special <br />assessment of $182,215.33 could be challenged and that a court would <br />independently review the propriety of the assessment and would uphold <br />the assessment only upon a finding that each of the following have <br />been established: (1) The property received a special benefit, in <br />other words, a benefit not generally received by other properties <br />which were not assessed; (2) The special benefit, or increase in the <br />market value of the property as a result of the improvement, is equal <br />to or greater than $182,215.33; and (3) The special assessment levied <br />was imposed equally on similar properties and did not unfairly <br />discriminate against the undersigned. <br />The undersigned understand and acknowledge that an appeal could <br />be commenced by serving notice of the appeal within thirty (30) days <br />after the adoption of the Resolution for Re- Assessment of Little <br />Canada Improvement Project No. 90 -21. The undersigned also <br />understand that the decision of any trial court as to the propriety <br />of the assessment could be appealed to the Minnesota Court of Appeals <br />or the Minnesota Supreme Court, and that they would have the right to <br />be represented by counsel at their own expense in all such <br />proceedings. <br />Will full knowledge of their rights and liabilities, the <br />undersigned, their successors, representatives and assigns hereby <br />WAIVE ALL RESPECTS AND IN ALL EVENTS their right to appeal from the <br />special assessment of their property totalling $182,215.33 AND <br />-2- <br />