11-13-2024 Council Packet - Laserfiche WebLink

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D-1 Exhibit D Costs of Issuance Fund Requisition U.S. Bank Trust Company, National Association, as Fiscal Agent Re: Ride Apartments Fiscal Agent: You are requested to disburse funds from the Costs of Issuance Fund pursuant to Section 4.11 of the Funding Loan Agreement in the amount(s), to the Person(s) and for the purpose(s) set forth in this requisition (“Requisition”). The terms used in this requisition shall have the meaning given to those terms in the Funding Loan Agreement (the “Funding Loan Agreement”), dated as of December 1, 2024, among Merchants Bank of Indiana (the “Initial Funding Lender”), City of Little Canada, Minnesota, and U.S. Bank Trust Company, National Association, as Fiscal Agent, securing the City of Little Canada, Minnesota Multifamily Housing Revenue Note (Ride Apartments Project) Series 2024 dated December __, 2024 (the “Governmental Note”). Requisition No.: Payment Due To: Amount To Be Disbursed: The undersigned, on behalf of Ride Limited Partnership, a limited partnership duly organized and existing under the laws of the State of Minnesota (the “Borrower”), certifies that: (a) the expenditures for which money is requisitioned by this Requisition represent proper charges against the Costs of Issuance Fund, have not been included in any previous requisition and are set forth in the Schedule attached to this Requisition, with invoices attached for any sums for which reimbursement is requested; and (b) the money requisitioned is not greater than those necessary to meet obligations due and payable or to reimburse the applicable party for funds actually advanced for Costs of Issuance. Attached to this Requisition is a Schedule, together with copies of invoices or bills of sale covering all items for which payment is being requested. Date of Requisition: _________________________