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<br />C. This is a Settlement Agreement and not an admission of liability. <br /> <br />D. This is a legally binding document and each party has' had an opportunity to <br />consult with legal counsel. <br /> <br />E. This Agreement may be executed in counterparts by the parties. <br /> <br />IN WITNESS THEREOF, the parties have executed this Settlement and Release <br />Agreement on the dates set forth below. <br /> <br />CITY OF ARDEN HILLS <br /> <br />Dated: <br /> <br />By: <br />Stan Harpstead <br />Its: Mayor <br /> <br />Dated: <br /> <br />By: <br />Ronald Moorse <br />Its: City Administrator <br /> <br />STATE OF MINNESOTA <br /> <br />COUNTY OF <br /> <br />) <br />) SSe <br />) <br /> <br />On this _ day of , 2008, before me, a notary public within and <br />for said county, personally appeared Stan Harpstead, the Mayor of the City of Arden Hills, and <br />Ronald Moorse, the City Administrator of the City of Arden Hills, and they executed the above <br />Settlement and Release Agreement as their own free act and deed. <br /> <br />Notary Public <br /> <br />2 <br />