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MEDIATED SETTLE, ME NT AGREE EN T <br />This Mediated Settlement Agreement ("Agreement") is made effective the 16"' day of <br />October, 2017, between Agincourt, LLC ("Agincouit") and City of Lake Elmo, Minnesota <br />("City") relating to the claims and defenses asserted in that action captioned Agincourt, LLC v. <br />Chl qf ake Elmo, 1111innesota; Washington County Court File No.: 82-CV- 16-4897 involving, <br />principally, matters and disputes over the City' s assessment of Agincourt's property located <br />within the City limits for certain sewer, street, and sidewalk improvements, including a levied <br />Phase I assessment against Agincourt's property in the amount of $56,000 ("Phase I <br />Assessment") and the City's pending Phase 11 assessment for street and sidewalk improvements <br />against Agincourt's property in the, amount of $10,800 ("Phase 11 Assessment"), At times in this <br />Agreement, the City and Agincourt may be collectively referred to as the parties, <br />MEDIATION AGRE EMIE ENT <br />Attached and incorporated herein by this reference is the Agreement to Mediate signed <br />by the parties, who each acknowledge that this is a binding agreement relating to settlement of <br />claims asserted in the Dispute as reached through the process of mediation. The parties further <br />acknowledge that, pursuant to the requirements of the Minnesota Civil Mediation Act, they have <br />been advised that: <br />a, the mediator, Timothy C. Cook, has no duty to protect either of their interests or <br />to provide them with any information about their legal rights; <br />b, signing a mediated settlement agreement may adversely affect their legal rights; <br />C. the parties may, and in fact have, consulted with an attorney before signing this <br />Agreement in order that they may be certain of their rights; and <br />