Laserfiche WebLink
EXHIBIT A <br />Declaration of Official Intent <br />The undersigned, being the duly appointed and acting City Administrator of the City of Little Canada, <br />Minnesota (the "City"), pursuant to and for purposes of compliance with Treasury Regulations, Section 1.150- <br />2 (the "Regulations"), under the Internal Revenue Code of 1986, as amended, hereby states and certifies on <br />behalf of the City as follows: <br />I . The undersigned has been and is on the date hereof duly authorized by the City Council to <br />make and execute this Declaration of Official Intent (the "Declaration") for and on behalf of the City. <br />2. This Declaration relates to the following project, property or program (the "Project") and the <br />costs thereof to be financed: <br />3. The City reasonably expects to reimburse itselffor the payment of certain costs ofthe Project <br />out of the proceeds of a bond issue or similar borrowing (the "Bonds") to be issued by the City after the date <br />of payment of such costs. As of the date hereof, the City reasonably expects that $ is the <br />maximum principal amount of the Bonds which will be issued to finance the Project. <br />4. Each expenditure to be reimbursed from the Bonds is or will be a capital expenditure or a <br />cost of issuance, or any of the other types of expenditures described in Section 1.150-2(d)(3) of the <br />Regulations. <br />5. As of the date hereof, the statements and expectations contained in this Declaration are <br />believed to be reasonable and accurate. <br />City Administrator <br />City of Little Canada, Minnesota <br />A-1 <br />