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Contract No. A20398 <br />AGREEMENT <br />THIS AGREEMENT, Made and entered into by and between the <br />COUNTY OF HENNEPIN, a political subdivision of the State of Minnesota, <br />hereinafter referred to as the "COUNTY”, and the CITY OF ORONO. a political <br />subdivision of the State of Minnesota, hereinafter referred to as "CITY"; <br />WHEREAS, said CITY lies wholly within the COUNTY OF HENNEPIN <br />and constitutes a separate assessment district; and <br />WHEREAS, under such circumstances, the provisions of Minnesota <br />Statutes. Section 273.072 and Minnesota Statutes, Section 471.59 permit the <br />County Assessor to provide for the assessment of property; and <br />WHEREAS, said CITY desires the COUNTY to perform certain <br />assessments on behalf of said CITY; and <br />WHEREAS, the COUNTY is willing to cooperate with said CITY by <br />completing the assessment in a proper manner; <br />NOW, THEREFORE. In consideration of the mutual covenants <br />contained herein, it is agreed as follows: <br />1. The COUNTY shall perform the 1999 and 2000 property <br />assessment for the CITY of ORONO in accordance with property assessment <br />procedures and practices established and observed by the COUNTY, the validity <br />and reasonableness of which are hereby acknowledged and approved by the <br />CITY. Any such practices and procedures may be changed from time to time, by <br />the COUNTY in its sole judgment, when good and efficient assessment <br />procedures so require. The property assessment by the COUNTY shall be <br />composed of those assessment services which are set forth In Exhibit A,