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<br />Owners expressly waive objection to any irregularity with regard to the assessment of the <br />Property for the Overlay, expressly waive any claim that the amount assessed is excessive, expressly <br />waive all rights of appeal, including any rights under Chapter 429, Minnesota Statutes, from the <br />assessment by the City for the costs of completing the Overlay, and expressly agree to: <br />1. to pay when due all assessments levied for the Overlay; <br /> <br />2. that the Overlay will increase the fair market value of the Property by an amount <br />equal to or in excess of the amount to be assessed hereunder; <br /> <br />3. that such increase in fair market value is a special benefit to the Property; <br /> <br />4. that the amount to be assessed hereunder is reasonable, fair and equitable; and <br /> <br />5. that there are no other properties which should be assessed for the Overlay. <br /> <br />Owners understand and agree that the City may, in its sole discretion and for any reason, <br />decline to accept this Petition for completion of the Overlay. <br /> <br />4. <br />Dated this ..f::. day of .Au..J ~f J- <br /> <br />,2006. <br /> <br />OWNERS <br /> <br />~ C' k~~'< 'c <br />John Kraljic .. <br /> <br />7l~K~'I'c, <br />Nancy Kraljic <br /> <br />By: <br /> <br />Its: <br /> <br />s: \EngineerImprovProj\2006 Improvement Projects\Aubum Overlay\Petition doc.doc <br />