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4930-3526-6638.1 ATTACHMENT TO Sworn Applicant Statement—Application for Allocation of Bonding Authority for Residential Rental Projects, Form S-Rental (Revised December 2019) SWORN CERTIFICATION OF APPLICANT’S CERTIFIED PUBLIC ACCOUNTANT REGARDING AGGREGATE BOND LIMITATION City of Little Canada, Minnesota Multifamily Housing Revenue Bonds (Little Canada Senior Housing Project) June ___, 2025 The undersigned is the duly authorized representative of Baker Tilly, US, LLP, a Delaware limited liability partnership (the “Accountant”), and hereby represents and certifies as follows: 1. This Sworn Certification of Applicant’s Certified Public Accountant Regarding Aggregate Bond Limitation (the “Certification”) has been prepared and executed in conjunction with an application by the City of Little Canada, Minnesota (the “Applicant”) for an allocation of bonding authority (the “Allocation Application”) with respect to the above-referenced obligations, the proceeds of which LC Developers LLC, a Minnesota limited liability company, its successors and assigns, or affiliates (the “Borrower”), proposes to apply to the costs of the acquisition, construction, and equipping of an approximately 106-unit multifamily rental senior housing development and facilities functionally related and subordinate thereto, to be located at or about 99 County Rd B East in the City and known as Little Canada Senior Housing or another name selected by the Borrower (the “Project”). 2. The Accountant is the certified public accountant of the Applicant for purposes of the certification as to aggregate bond limitation required to be made in connection with the Allocation Application. 3. The reasonably expected aggregate basis of the Project and the land on which the Project is or will be located is $__________. Therefore, the aggregate bond limitation for the Project, representing 55 percent of the reasonably expected aggregate basis, is $___________. 4. The amounts set forth in the preceding paragraph were calculated based on preliminary information provided by the Borrower or its affiliates and represent our professional judgment based on the stated facts as of the date of this Certification. These amounts will change if there is a change in the basis in land, building, land improvements, or personal property. 5. 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, as of the date of this Certification.