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Seller further acknowledges the receipt of Five Hundred Dollars and <br />00 /100 ($500.00) from Buyer as earnest money for its purchase of the <br />property which shall be applied to the sale price. <br />Seller will be responsible for the payment of real estate taxes on <br />this parcel in 1995. Buyer will be responsible for taxes and assessments <br />for 1996 and beyond. <br />Agreed to this a tti1- day of cipru , 1995 <br />By: <br />Witnessed by: <br />?I h_ Cal <br />David A. Smith <br />CITY OF LITTLE CANADA <br />By: <br />Drafted by: <br />City of Little Canada <br />515 E. Little Canada Road <br />Little Canada, MN 55117 <br />Michael I. Fahey, Mayor <br />Joel R. Hanson, City Administrator <br />-2- <br />Page 88 <br />