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ADDENDUM B OF AGREEMENT BETWEEN <br />the City of Lino Lakes, Minnesota <br />AND <br />Springsted Incorporated <br />Effective as of , 199_ <br />ARBITRAGE AND REBATE MONITORING SERVICES <br />Tax - Exempt Obligation(s) <br />$5,350,000 Lease Revenue Bonds, Series 1998A <br />Determination Designation <br />(check applicable designation) <br />Annually Fifth Year <br />For each Client Tax - Exempt Obligation listed above, the Advisor shall, based on <br />information supplied by Client, make all rebate calculations (to include for purposes of <br />this document, yield reduction calculations) required by Section 148 of the Code and <br />related U.S. Treasury regulations. In carrying out its duties, the Advisor shall <br />periodically, as designated herein: <br />A. Determine the yield on the Tax - Exempt Obligation; <br />B. Determine if spending exceptions have been met; <br />C. Determine the amount required to be rebated; <br />D. Notify Client and /or its designee of the rebate amount; <br />E. Prepare for submission by Client a determination statement with respect to the <br />rebate amount for filing with the Internal Revenue Service at the appropriate <br />intervals throughout the term of the Tax - Exempt Obligations; <br />II. Client agrees to provide the Advisor with accurate information concerning cash and <br />investment activity within all funds which are subject to rebate. The information to be <br />provided shall include: <br />A. deposits and withdrawals of proceeds or money from other sources; <br />B. payments of principal and interest on the Tax - Exempt Obligations; and <br />C. all investment activity including: <br />1. date of purchase or acquisition; <br />2. purchase price of investments including any accrued interest; <br />3. the face amount and maturity date; <br />4. the stated rate of interest; <br />5. the interest payment dates; <br />