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Met Council, and 4) that the calculation method for extending the WIT assessment is a reasonable <br />refection of the economic conditions so as not to expose the City to undue risk or liability of paying the <br />WIF fees, <br />NOW THEREFORE, E, BE IT RE, SOLVED: that the City Council of the City of Lake Elmo <br />hereby agrees to amend the Memorandum of Understanding between the City and the Metropolitan <br />Council and authorizes execution of the revised Memorandum of Understanding attached hereto as <br />Exhibit "A" <br />Passed and duly adopted this 21" day of May 2013 by the City Council of the City of Lake Elmo, <br />Minnesota. <br />(Seal) <br />ATTEST: <br />A am Bell <br />City Clerk <br />3 <br />