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CONTINUING DISCLOSURE <br />In accordance with SEC Rule 1502-12(b)(5), tn �C'�po�s and notices pursuant to events. A <br />awarding sale of the Bonds, to provide <br />to purchase of this undertaking is onditioned upon Orecceivinga evidence of thus undertaking at or <br />to purchase the Bonds will <br />prior to delivery of the Bonds. <br />OFFICIAL STATEMENT <br />The City has authorized the preparation i ffiaal an Statement will Statement <br />a nearly-final containing <br />Information relative to the Bonds. and <br />Statement within the meaning of Statement iorc the <br />additional tintormationhprine to Commission. sa eany <br />For copies of the Official State <br />prospective purchaser Is referred to the Financial Advisor to the City, Springsted Incorporated, <br />85 East Seventh Place, Suite 100. Saint Paul, Minnesota 55101, telephone (612) 223-3000_ <br />The Official Statement. when further supplemented by an addendum or addenda specifying the other <br />maturity dates, principal amounts and constitute Ftnal Official Statement <br />" ethe City with any <br />infomtation required by law, shall awarding the Bonds. as that term Is defined in Rule 15c2 -12. By awa 9 the Bonds to any <br />that, no <br />underwriter or underwriting syndicate submitting a proposal therefor, the City agrees <br />than seven business days after the ica e to fwh h award. e Bonds are provide <br />wardedd 80 copies of the <br />senior managing underwriter of the y notes the <br />Official Statement and the addendum or addenda described above. The City designates <br />senior managing underwriter of the e syndicate to <br />Sita a the ent to Bonds <br />each Participating ed Underwriter. <br />Any purposes of distributing copes of the <br />Underwriter delivering a proposal ha 1 accept such designation and ) It shall thereby nt that <br />a <br />proposal is accepted by the City Cl <br />contractual relationship � ta�l Pa!t Underwriters Statement. ses of assuring <br />receipt by each such Participating Underwriter of the Final <br />BY ORDER OF THE CITY COUNCIL <br />Dated May 26, 1998 <br />nircicc/fn <br />-iv - <br />/s/ Marilyn Anderson <br />Clerk/treasurer <br />uanvvn Inauov -woJ4 wd91 :E0 86 -61 -4E101 <br />