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TABLE OF CONTENTS <br />Paqe(s) <br />Terms of Proposals: <br />$2,460,000* General Obligation Tax Abatement Bonds, Series 2006C i -v <br />$570,000 General Obligation Utility Revenue Bonds, Series 2006D vi -ix <br />Introductory Statement 1 <br />Related Financing 1 <br />Continuing Disclosure 2 <br />The Bonds 2 <br />The Series 2006C Bonds 5 <br />The Series 2006D Bonds 6 <br />Future Financing 6 <br />Litigation 6 <br />Legality 7 <br />Tax Exemption 7 <br />Bank - Qualified Tax - Exempt Obligations 8 <br />Ratings 8 <br />Financial Advisor 8 <br />Certification 8 <br />City Property Values 9 <br />City Indebtedness 10 <br />City Tax Rates, Levies and Collections 14 <br />Funds on Hand 15 <br />City Investments 15 <br />General Information Concerning the City 16 <br />Governmental Organization and Services 19 <br />Proposed Forms of Legal Opinions Appendix I <br />Continuing Disclosure Certificate Appendix II <br />Summary of Tax Levies, Payment Provisions, and <br />Minnesota Real Property Valuation Appendix III <br />Excerpt of 2005 Annual Financial Statements Appendix IV <br />Proposal Forms Inserted <br />