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For the foregoing services the City agrees to pay us a fee of $23,500 <br />contingent upon the successful closIng.of the transaction. <br />We agree to pay frail our fee the expenses of printing and distribution of <br />the Official Statement; fees for various debt certificates and our <br />out-of-pocket expenses subject to the successful closing of the <br />transaction. The City agrees to pay all other expenses of financing <br />Including bond counsel, bond advertising, bond printing, Moody's rating, <br />engineering, architectural, accounting and other related fees. <br />ODY, INC. <br />By: <br />The terms and conditions of thls agreement are understood and agreed to <br />this Ilth day of June, 1986. <br />' - CITY OF LITTLE CANADA, MINNESOTA <br />Attest: <br />By: <br />Mayor <br />City Clerk . : <br />14 <br />