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STATE OF MINNESOTA DISTRICT COURT <br /> COUNTY OF RAMSEY SECOND JUDICIAL DISTRICT <br /> Arden Towers,Inc., Case Type: Appeal of Special Assessment <br /> Court File No.: 62-CV-14-3825 <br /> Appellant Judge: Robert Awsumb <br /> vs. <br /> STIPULATION OF SETTLEMENT <br /> City of Arden <br /> Hills, <br /> Respondent. <br /> The parties through their respective attorneys stipulate and agree that this matter shall be <br /> settled as follows: <br /> 1. The assessment for Parcel No.213023420003 in the original amount of$92,947.50 <br /> is reduced to$20,000.00. <br /> 2. The City will recalculate the assessment for Parcel No. 213023420003 based upon <br /> the reduced assessment in the above amount and certify the reassessment to the County Auditor. <br /> 3. The Appellant will execute and deliver to the City a Trail Easement Agreement,a <br /> copy of which is attached hereto as Exhibit A. <br /> 4. The parties through their attorneys will concurrently with the execution of <br /> this Agreement sign and file with the Court a Stipulation of Dismissal With Prejudice and Without <br /> Costs. <br /> 1777 C7� <br /> SF <br /> 1779270 <br />