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NOTICE OF CALL FOR REDEMPTION <br />GENERAL OBLIGATION IMPROVEMENT BONDS OF 1987 <br />CITY OF LITTLE CANADA, <br />RAMSEY COUNTY, MINNESOTA <br />Dated December 1, 1997 <br />NOTICE IS HEREBY GIVEN, that all of the bonds of the above referenced issue have been selected for <br />Redemption on June 1, 1994 (the Redemption Date) at a price of 1003% of the principal amount (the <br />Redemption Price) together with interest accrued to the Redemption Date. <br />Maturity <br />December 1, 1994 <br />December 1, 1995 <br />Rate <br />7.50% <br />7.60% <br />Cusan <br />No Cusip Assigned <br />537020LU1 <br />Payment of the Redemption Price on the above Bonds will become due and payable on the Redemption <br />Date upon presentation and surrender thereof in the following manner: <br />If by Mall: (FULLY REGX <br />First Trust National Association <br />First Trust Center <br />P. O. Box 64111 <br />St, Paul, MN 55164 -0111 <br />u by Mail: (BEARER BD$) <br />First Trust National Association <br />First Trust Center <br />P. O. Box 64452 <br />St. Paul, MN 55164 -0452 <br />If by Hand or Overnight Mail: <br />First Trust National Association <br />180 East Fifth Street <br />3rd Floor - Bond Drop Window <br />St Paul, Minnesota 55101 <br />(612) 244-0444 <br />Bondholders presenting their bonds in person for same day payment must surrender their bond(s) by 1:00 <br />P.M. on the Redemption Date and a check will be available for pick up after 2:00 P.M.. Checks not picked <br />up by 4:30 P.M. will be mailed out to the bondholder via first class mail. If payment of the Redemption <br />Price is to be made to the registered owner of the Bond, you are not required to endorse the Bond to collect <br />the Redemption Price. <br />Interest on the principal amount designated to be redeemed shall cease to accrue on and after the <br />Redemption Date. <br />IMPORTANT NOTICE <br />Under the Interest and Dividend Compliance Act of 1983 as amended by the Energy Policy Act of 1992, <br />31% will be withheld if tax identification number is not properly certified. <br />First Trust shall not be held responsible for the selection or use of the CUSIP number, nor is any <br />representation made as to its correctness indicated in the Redemption Notice. It is included solely for <br />convenience of the Holders. <br />Date: (date of notice generation) <br />BY ORDER OF THE CITY COUNCIL <br />Joel Hanson- City Administrator <br />City of Little Canada, Minnesota <br />Page 127 <br />