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at - e rate of four percent (4.00%) per annum. The assessment may be prepaid without. interest <br />prior to January 1, 2015. <br />2. The Assessment shail,be deemed adapted on the date this Agreement is signed b <br />the City. The .`owner, by signing this Agreement acknowledges that all procedural an <br />substantive objections to the Assessment are hereby waived uncendlti nails, such wai-rer <br />includes any rights of Owner, its successor or assign to bearing requirements a -ad any claim that <br />the assessments exceed the benefit to the Subject Property. The City hereby certifies that there <br />are no outstanding or pending, assessments relating tea the Subject Property other than the <br />Assessment. The Owner further waives any appeal rights otherwise available pursuant to M.S.A <br />§ 429.08 1. <br />IN tTNESS WHEREOF, THE PARTIES HERETO HAVE SIGNED THIS <br />AGREE' IE NI T ON THE DAY AND YEAR FIRST ABOVE WRITTEN. <br />CITY OF ARDEN HILLS <br />By: <br />CMK ARDEN HOLDINGS, <br />a Minnesota Limited Partnership <br />By, Chesapeake Payers of NhinneapolLs, Inc., <br />Br <br />A Minnesota Corporation <br />830v4 <br />