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EXHIBIT C <br /> CERTIFICATE OF COMPLETION <br /> WHEREAS, the Mounds View Economic Development Authority (the <br /> "Authority") and ''li E,.eresL aLwug Mighael anvestmenta, Ltd. , a <br /> Minnesota Lviyutal.l.un general partnership (the "Developer") , have <br /> executed a Development Assistance Agreement, dated PcbL.aa. 1-7 <br /> September 14, 1998 (the "Development Agreement") , with respect to <br /> the completion by the Developer of certain improvements (the <br /> "Improvements") , specifically, an approximately lOa, OQo 722,463 <br /> square foot building on certain land (the "Development Property“) <br /> described in the 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 /> MOUNDS VIEW ECONOMIC DEVELOPMENT <br /> AUTHORITY <br /> By <br /> Its <br /> Dated: , 19 <br /> 334455.RED <br /> v5 to v4 9/14/98 C-1 <br /> C /nC 1 7117C11(1('C 'n.1I1n 'p(1 'in n nG <br /> T f TIT 7in rw,*-nru 'n rnn rr-r ,On” <br />