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�r� � . . �� <br />_ _ � � . . , ___ _ v - .-_ _ <br />�� _ . _ _� __ _ _ _. _ __ ___ <br />__ _ _ <br />,,__ _ _ ___ .. <br />I <br />EXHIBIT C <br />CERTIFICATE OF COMPLETION <br />WHEREAS, the Mounds View Economic Development Authority (the <br />"Authority") and Everest Development, Ltd., a Minnesota corporation <br />(the "Developer"), have executed a Development Assistance <br />Agreement, dated , 1994 (the "Development Agreement"), <br />with respect to the completion by the Developer of certain <br />improvements (the "Improvements"), specifically, an approximately <br />30,000 square foot expansion for Multi-Tech Systems, Inc., on <br />certain land (the "Development Property") described in the <br />Development Agreement; and <br />WHEREAS, said Developer has to the present date substantially <br />performed its undertakings under the Development Agreement in a <br />manner deemed sufficient by the Authority to permit the execution <br />of this certificate pursuant to Section 3.4 of the Development <br />Agreement: <br />NOW, THEREFORE, this is to certify that the Improvements have <br />been completed on the Development Property in substantial <br />conformance with the terms of the Development Agreement. <br />Dated: <br />, 19 <br />MOUNDS VIEW ECONOMIC DEVELOPMENT <br />AUTHORITY <br />By <br />Its <br />262545 .1 C-1 <br />