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Combine the mayonnaise and sour cream together in a small bowl. Stir until smooth.
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In another small bowl, combine the chili pepper, salt and black pepper.
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Chop up the cilantro.
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Spray grill rack with cooking spray and heat to medium.
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Grill corn, turning frequently, until slightly browned 8-10 minutes.
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Slather the hot, grilled corn with the mayonnaise/sour cream mixture.
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Sprinkle the corn with the spice mixture.
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Coat the corn in Parmesan cheese.
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Sprinkle on the cilantro and enjoy.