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BRIGGS&MORGAN Fax:6512236645 Dec 11 '98 16:54 P.07 ARTICLE I DEFINITIONS Section 1.1. Definitions. . All capitalized terms used and not otherwise defined herein shall have the following meanings unless a different meaning clearly appears from the context: Adjacent Development property means the real property legally described in Exhibit E; Agreement means this Agreement, as the same may be from time to time modified, amended or supplemented in accordance with its terms; Assessment Agreement means the agreement, in the form of the agreement contained in Exhibit A attached hereto and made a part of this Agreement, among the Developer, the City and the Assessor for the County, entered into pursuant to Article VI of this Agreement; Assessor' s Minimum Market Value means the agreed minimum market value of the Development Property and the Minimum Improvements for calculation of real property taxes as determined by the assessor for the County, of not less than $ as of January 2, 2000; City means the City of Mounds View, Minnesota; Construction Plans means the plans, specifications, drawings and related documents of the construction work to be performed by the Developer on the Project and the Development Property and the plans (a) shall be as detailed as the plans, specifications drawings and related documents which are submitted to the building inspector of the City, and (b) shall include at least the following: (1) site plan; (2) foundation plan; (3) basement plans; (4) floor plan for each floor; (5) cross sections of each (length and width) ; and (6) elevations (all sides) ; County means the County of Ramsey; Developer means , a • its successors and assigns; Development District means the Mounds View Economic Development Project; 965316.Red v2 to vl; 1Z/11/96 3