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STATE OF MINNESOTA DISTRICT COURT <br /> COUNTY OF RAMSEY SECOND JUDICIAL DISTRICT <br /> Court File No.: 62-CV-07-703 <br /> Flahertys Arden Bowl, Inc., <br /> Plaintiff(s), <br /> vs. SETTLEMENT AGREEMENT <br /> City of Arden Hills, <br /> Defendant(s). <br /> This Agreement is dated the I I"' day of February, 2008, and is entered into by and <br /> between the City of Arden Hills,a Minnesota statutory city ("City"), through its attorney, Jerome <br /> P. I`illa; and Flahertys Arden Bowl, Inc., a Minnesota corporation ("Flahertys"), through its <br /> attorney, loan M. Quade. <br /> 1. On May 29, 2007, the City adopted Resolution ivo. 07-55B which levied the following <br /> Special Assessments, as a result of the construction of the Arden Hills 2007 PMP Project <br /> ("Project"), together with interest thereon at the rate of 6.5% per annum from May 29, <br /> 2007; against the following parcels owned by 1'lahertys: <br /> Parcel No. Original Assessed Amount <br /> 1. 273023430001 $10,804.97 <br /> 2. 273023430009 $10,804,97 <br /> 3. 273023430010 $10,804.97 <br /> TOTAL $32,414.91 <br />