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We are of the opinion that the Commissioner's and Ms. Deckert's interests in the <br /> Authority and the Company, as disclosed and subject to further compliance with Minnesota <br /> Statutes, Section 469.098, do not violate Minnesota law. <br /> Please do not hesitate to give me a call if there are any questions. <br /> Very truly yours, <br /> KENNEDY AND GRAVEN, CHARTERED <br /> By <br /> Jenny Boulton <br /> Enclosures <br />