In Brookfield Trade Center, Inc. v. County of Ramsey, 584 N.W.2d 390, 394-95 (Minn. 1998), the Minnesota Supreme Court found such language clearly and unambiguously eliminates any legal effect of the minimum market value established by an agreement on determinations of assessed value occurring after an agreement has been terminated, stating that "it is a basic principle of real property taxation that events subsequent to the valuation date of property have no bearing on the valuation set on that date." Id. However, the Court found that the prior valuation cannot be revoked, reasoning that: It is important to understand the basic contours of Minnesota's real estate tax system and the TIF laws that authorize such an agreement. A fundamental element of our real estate tax system is a uniform valuation date when the annual value of all real property is determined. Minnesota Statutes section 273.01 (1996) provides that "all real property subject to taxation shall be listed...with reference to their value on January 2 preceding the assessment." Hence, real property values are established in accordance with the property's value on the January 2 preceding the assessment, irrespective of events occurring after January 2 that may change the value of the property. Id., at 393