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<br />EXHIBIT C <br /> <br />QUIT CLAIM DEED <br /> <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 /> <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 /> <br />See Attached Exhibit A <br /> <br />together with all hereditaments and appurtenances belonging thereto. <br /> <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: (I) the tenus 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 /> <br />The Grantor does not know of any wells located on the described real property. <br /> <br />1674205v8 <br /> <br />C-l <br />