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STATE OF MINNESOTA <br /> • ss . <br /> COUNTY OF SHERBURNE <br /> The foregoing instrument was acknowledged before me this <br /> day of , 1993, by Jeffrey Gongoll and Patrick <br /> Klaers, the President and Executive Director, respectively, for <br /> the Economic Development Authority for the City of Elk River, <br /> Minnesota. <br /> Notary Public <br /> STATE OF MINNESOTA <br /> 88. <br /> COUNTY OF SHERBURNE <br /> The foregoing instrument was acknowledged before me this <br /> day of , 1993, by and <br /> , the and <br /> respectively, of Tescom Corporation, Inc. , a Minnesota <br /> corporation. <br /> • Notary Public <br /> CERTIFICATION BY COUNTY ASSESSOR <br /> The undersigned, having reviewed the plans and specifications <br /> for the improvements to be constructed and the market value <br /> assigned to the land upon which the improvements are to be <br /> constructed, and being of the opinion that the minimum market <br /> values contained in the foregoing Agreement appear reasonable, <br /> hereby certifies as follows: The undersigned Assessor, being <br /> legally responsible for the assessment of the above described <br /> property, hereby certifies that the market value assigned to such <br /> land and improvements upon completion of the improvements to be <br /> constructed thereon shall not be less than <br /> until termination of this Agreement. <br /> County Assessor for Sherburne <br /> County, Minnesota <br /> i <br /> B-3 <br />