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IN WITNESS WHEREOF, the parties have executed this agreement in the City of <br />Pequot Lakes, Minnesota on this day of , 2010. <br />CITY OF PEQUOT LAKES <br />By Its Mayor <br />Nancy Adams <br />ATTEST: <br />Its City Representative <br />Sandy Peine <br />\.. <br />BRAINERD LAKES AREA <br />DEVELOPMENT CORPORATION <br />By Its President <br />Tom Anderson <br />TIC <br />BLA Rep sentative <br />Sheila Wasnie Haverkamp <br />Page 3 of 4 <br />