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CERTIFICATE OF COMPLETION <br />WHEREAS, Mounds View Economic Development Authority, a public body corporate <br />and politic under the laws of Minnesota ("EDA"), and Villas of Mounds View, Limited Partnership, <br />a Minnesota limited partnership, formed under the laws of Minnesota (the "Redeveloper"), have <br />entered into a certain Contract for Private Redevelopment (the "Agreement") dated the 9t" day of <br />June, 2022, and recorded in the office of the Ramsey County Recorder as Document No. <br />A04957624 and recorded in the office of the Registrar of Titles in Ramsey County, Minnesota, as <br />Document No. T0273612, which Agreement contained certain covenants and restrictions <br />regarding completion of the Minimum Improvements, as defined in the Agreement; and <br />WHEREAS, the Redeveloper has performed said covenants and conditions in a manner <br />deemed sufficient by the EDA to permit the execution and recording of this certification. <br />NOW, THEREFORE, this is to certify that all construction of the Minimum Improvements <br />specified to be done and made by the Redeveloper has been completed and the covenants and <br />conditions in the Agreement have been performed by the Redeveloper, and the County Recorder <br />in Ramsey County, Minnesota, is hereby authorized to accept for recording and to record the filing <br />of this instrument, to be a conclusive determination of the satisfactory termination of the covenants <br />and conditions relating to completion of the Minimum Improvements and the expiration of certain <br />obligations contained in the Agreement to the extent expressly provided for therein. Unless <br />otherwise expressly provided in the Agreement, Redeveloper shall be deemed to have satisfied its <br />obligations under the Agreement. <br />Dated: November J 3 , 2023 <br />STATE OF MINNESOTA ) <br />ss. <br />COUNTY OF RAMSEY ) <br />MOUNDS VIEW ECONOMIC <br />DEVELOPMENT AUTHORITY <br />By 4r /) <br />Execu ve T ector <br />The foregoing instrument as acknowledged before me this day of November, 2023, <br />by Nyle Zikmund, the executive director of the Mounds View Economic Development Authority, <br />a public body corporate and politic under the laws of Minnesota, on behalf of the Economic <br />Development Authority. <br />Notary Public <br />D0CS0PEN\MU205\52\914356.v 1-11 /8/23 <br />BARBARA:BENE$CH <br />NOTARY PUBESOTA <br />My Commission E. 31, 2024 <br />•ire. <br />�y� COS .u3CR <br />