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TIIE CITI IL-�S Ai�THORIZED BAiiER TILLS' �II-�TCIPAL :�D�'ISORS, LLC TO <br />NEGOTIATE THIS ISStT ON ITS BEILkLF. PROPOSALS NVILL BE RECEIVED ON THE <br />FOLLOWING BASIS: <br />TER -IS OF PROPOSAL <br />g1,8151000" <br />CITI' OF LINO LAKES, MI\1ESOTA <br />GEtiER�I.OBLIC�ATIO� STREET REC;OI�STRI'CTIO\ BO\DS, SERIES?031A <br />{BOOB: E1TRI' O�LI'} <br />Proposals for the above -referenced obligations (the ''Bonds"} avill be received 1?v the t'ih' of Lino Lakes. <br />Minnesota (the ``Cit4°'•)on Monday, .Tune 14_ 2f121 {the '`Sale Date"} until 10:00 A.M , Central Time {the <br />Sale Time at the offices of Baker Tilly illunicipal Advisors, LLC {"Baker T llv MA"), 380 Jackson <br />Street, Suite 100. Saint Paul. Minnesota, 55101. after which time proposals -will be opened and tabulated. <br />Consideration for award of the Bonds will be by the Oita% Council at its tneetine commencing at 6:30 P.M.. <br />Central Time. of the same clay. ~ <br />SLiI3'tiIISSIC)N OF PRC)Pt�SALS <br />Baker Tilltir Ia�i_a `mill :assuane no liahilit�t for the nubility of a bidder or its proposal to reach Baker Ti11y <br />LA prior to the Sale Time. and neither the City nor Baker I My NIA shall be responsible Tor ana failure. <br />misdirection or error in the means of transmission selected by anV bidder. All bidders are advised that each <br />proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds <br />retyardless of the mariner in which the proposal is submitted. <br />{<1) Serr7erl Bidding. C'ompfeted . signed proposals may be submitted to Baker Tilly MA by elnnil to <br />bondsen tc cci)bakertiilv.com of bvfaz {C,11223-30-16and trust he receia>ed prior to the Sale Time. <br />{bj Electrorrie BidcJin�. Proposals ma5� also, be received via F�RIT�'�. For purposes of the electronic. <br />biddirl� process, the time as maintained bz- PARITY` shall constitute the official finis aaith respect to all <br />proposals submitted to PARITY `. Each bidder S)r�jI7 be so7e11' resi�>nsible for mcrtirrb nccecs�n 4 <br />crr-rargements o accesPJRITV` olngvss ormb1litil?Rf ie1ecrorri)ooa1 ia iek ownlzer-and <br />irr compliance wirh the r•equireinents of floe Terms of P•oI)osat. Neither the City, its agents, nor PARITY'' <br />shall have ant- duty or obligation to undertake registration to bid for any prospective bidder or to provide <br />or ensure electronic access to any qualified prospective bidder. and neither the City, its agents_ nor <br />PARITY' shall be responsible for a hidder's failure to register to bid or for and- failure in the proper <br />operation of or hate any liability for any delays or intemtptions of or any damages caused bz the services <br />of PARITY`. The Cite is usutg the sengices ofPARITV solely as a communication mechanism to conduct <br />the electronic bidding for the Bonds, and PARITYA is not an avert of the Citv. <br />If ant- provisions of this Terms of Proposal conflict with information provided by PARITI-,, this Terns of <br />Proposal shall control. Further niftarmation about PARITY, including any fee charted. matt be obtained <br />from: <br />PARITV. 13;9 Broadaa°aa-• Floor. New York. Neaa- York 1 t)018 <br />Customer Support. {212) S�9->00(} <br />' 1�TBl77i77J1(77l'; .571b1(:C'J' I0 C'170774'8. <br />Baker Tilly Munitfaal Advise.,,, LLC i5 a tegistarad rnunid�al adiisar and �cEntrn(lec s+ibsidiary cf Baker T'iiig1�5, LIP, an aaq�mting firm. <br />6aker Tilly ITS, UP trading as [3aker Tilly is a meinber of the elc�hal netv.arl:nf C9aker ; iEly Internatic�nai Ltd., a6e members ui which are separate <br />and indeF+endeau legit entities, fSi 2121 Baker Tilly tl�tiznicipal i?d:isc+rs, tLC <br />-1- <br />A-2 <br />LN140-125-718748.v1 <br />