**Exhibit 31.2**

** **

**CERTIFICATION PURSUANT TO 17 CFR240.15d-14(a)**

**(SECTION 302 CERTIFICATION)**

 

I, Jason R. Fink, certify that:

 

1.                                       I have reviewed this annual report on Form 10-KSBof Highwater Ethanol, LLC;

 

2.                                     Based on my knowledge, this report doesnot contain any untrue statement of a material fact or omit to state a materialfact necessary to make the statements made, in light of the circumstances underwhich such statements were made, not misleading with respect to the periodcovered by this report;

 

3.                                     Based on my knowledge, the financialstatements, and other financial information included in this report, fairlypresent in all material respects the financial condition, results of operationsand cash flows of the small business issuer, as of, and for, the periodspresented in this report;

 

4.                                     The small business issuer’s othercertifying officers and I are responsible for establishing and maintainingdisclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and15d-15(e)) and internal control over financial reporting (as defined inExchange Act Rules 13a-15(f) and 15d-15(f)) for the small businessissuer, and have:

 

a)              Designed such disclosure controls and procedures orcaused such disclosure controls and procedures to be designed under oursupervision, to ensure that material information relating to the small businessissuer, including its consolidated subsidiaries, is made known to us by otherswithin those entities, particularly during the period in which this report isbeing prepared;

 

b)             Designed such internal control over financialreporting, or caused such internal control over financial reporting to bedesigned under our supervision, to provide reasonable assurance regarding thereliability of financial reporting and the preparation of financial statementsfor external purposes in accordance with generally accepted accountingprinciples;

 

c)              Evaluated the effectiveness of the small businessissuer’s disclosure controls and procedures and presented in this report ourconclusions about the effectiveness of the disclosure controls and procedures,as of the end of the period covered by this report based on such evaluation;and

 

d)             Disclosed in this report any changes inthe small business issuer’s internal control over financial reporting thatoccurred during the small business issuer’s fourth fiscal quarter that hasmaterially affected, or is reasonably likely to materially affect, the smallbusiness issuer’s internal control over financial reporting; and

 

5.                                     The small business issuer’s othercertifying officers and I have disclosed, based on our most recent evaluationof internal control over financial reporting, to the small business issuer’sauditors and the audit committee of the small business issuer’s board ofdirectors (or persons performing the equivalent functions):

 

a)                All significant deficiencies and material weaknessesin the design or operation of internal control over financial reporting whichare reasonably likely to adversely affect the small business issuer’s abilityto record, process, summarize and report financial information; and

 

b)             Any fraud, whether or not material, that involvesmanagement or other employees who have a significant role in the small businessissuer’s internal controls over financial reporting.

 
|  Date: |   January 29, 2008 |                                                                      | /s/ Jason R. Fink |
|-------------|------------------------------|---------------------------------------------------------------------------|-------------------|
|        |                         | Jason  R. Fink, Treasurer

*(Principal Financial and Accounting Officer)* |

 

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