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05/10/2010 Council Packet
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05/10/2010 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
05/10/2010
Council Meeting Type
Regular
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FINANCIAL ADVISOR <br />The City has retained Springsted Incorporated, Public Sector Advisors, of St. Paul, Minnesota, <br />as financial advisor (the "Financial Advisor") in connection with the issuance of the Bonds. In <br />preparing the Official Statement, the Financial Advisor has relied upon governmental officials, <br />and other sources, who have access to relevant data to provide accurate information for the <br />Official Statement, and the Financial Advisor has not been engaged, nor has it undertaken, to <br />independently verify the accuracy of such information. The Financial Advisor is not a public <br />accounting firm and has not been engaged by the City to compile, review, examine or audit any <br />information in the Official Statement in accordance with accounting standards. The Financial <br />Advisor is an independent advisory firm and is not engaged in the business of underwriting, <br />trading or distributing municipal securities or other public securities and therefore will not <br />participate in the underwriting of the Bonds. <br />CERTIFICATION <br />The City has authorized the distribution of this Official Statement for use in connection with the <br />initial sale of the Bonds. As of the date of the settlement of the Bonds, the Purchaser will be <br />furnished with a certificate signed by the appropriate officers of the City. The certificate will <br />state that as of the date of the Official Statement, the Official Statement did not and does not as <br />of the date of the certificate contain any untrue statement of material fact or omit to state a <br />material fact necessary in order to make the statements made therein, in Tight of the <br />circumstances under which they were made, not misleading. <br />(The Balance of This Page Has Been Intentionally Left Blank) <br />7 <br />
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