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1 <br /> EXHIBIT C <br /> QUIT CLAIM DEED • <br /> Corporation Partnership or Limited Liability Company <br /> to Corporation,Partnership or Limited Liability Company <br /> No delinquent taxes and transfer entered; Certificate <br /> of Real Estate Value ( ) filed ( ) not required <br /> Certificate of Real Estate Value No <br /> County Auditor <br /> by <br /> Deputy <br /> STATE DEED TAX DUE HEREON: $ <br /> Date: , 2004 <br /> (Reserved for recording data) <br /> FOR VALUABLE CONSIDERATION, the City of Elk River, Minnesota, a municipal <br /> corporation and politic subdivision, (the "Grantor") hereby conveys and quitclaims to <br /> MetroPlains Development, LLC, a limited liability company organized under the laws of the <br /> State of Minnesota, the real property in Sherburne County, Minnesota, described as follows: <br /> See Attached Exhibit A <br /> together with all hereditaments and appurtenances belonging thereto. <br /> Grantor's delivery of this Deed and conveyance of title, and Grantee's acceptance of this Deed <br /> and title to the Property, are expressly subject to (1) the terms and conditions and the rights of <br /> the Grantor and the obligations of the Grantee under that certain Development Agreement by and <br /> between Grantor and Grantee dated December , 2004 (the "Development Agreement"), (2) <br /> minerals and mineral rights reserved by the State of Minnesota; and (3) real estate taxes and <br /> special assessments due and payable in 2004 and subsequent years, and (4) applicable zoning <br /> laws, ordinances and all other local, state, regional and federal laws and regulations. <br /> The Grantor does not know of any wells located on the described real property. <br /> • <br /> 1674205v8 C-1 <br />