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72085323v1 ATTACHMENT TO Sworn Applicant Statement — Application For Allocation Of Bonding Authority For Residential Rental Projects, Form S SWORN STATEMENT OF BORROWER IDENTIFYING PROJECT AS OTHER RESIDENTIAL PROJECT City Of Little Canada, Minnesota Multifamily Housing Revenue Bonds (Twin Lake Apartments Project) December ___, 2021 I, ____________, the duly authorized representative of Twin Lake Limited Partnership, a Minnesota limited partnership (the "Borrower"), with Twin Lake GP LLC, a Minnesota limited liability company, as general partner, hereby swear or affirm on behalf of the Borrower as follows: 1. This statement has been prepared and executed in conjunction with an application by the City of Little Canada, Minnesota (the "Issuer") for an allocation of bonding authority (the "Allocation Application") with respect to the above-referenced obligations (the "Bonds"), the proceeds of which the Borrower proposes to apply to the acquisition and construction of an approximately 87,723 square-foot rentable apartment community that will consist of an approximately 60-unit multifamily housing development for households of low and moderate income, and functionally related facilities, including an underground parking garage, expected to be known as Twin Lake Apartments, located at the northwest corner of Twin Lake Boulevard and Bankers Drive, within the jurisdiction of the Issuer (the "Project"). 2. The Project is a residential rental project that is expected to generate low-income housing tax credits under Section 42 of the Internal Revenue Code of 1986, as amended, from 100 percent of its residential units and does not otherwise qualify as a preservation project, 30 percent AMI residential rental project, or 50 percent AMI residential rental project (each as defined under Minnesota Statutes, Section 474A.02, as amended). Accordingly, the Project constitutes a "100 percent LIHTC project," as that term is defined under Minnesota Statutes, Section 474A.02, subdivision 32. 3. I swear under penalty of perjury that the information I have provided is true and accurate to the best of my knowledge, information and belief. 4. It is understood and agreed by the Borrower that the Borrower shall indemnify the Issuer against all liabilities, losses, damages, costs, and expenses (including attorneys' fees and expenses incurred by the Issuer) arising with respect to the Allocation Application, the Project, and the Bonds.