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• • EXHIBIT A NOTICE OF BOND SALE $610,000 GENERAL OBLIGATION TEMPORARY IMPROVEMENT BONDS, SERIES 1988B CITY OF LINO LAKES, ANOKA COUNTY, MINNESOTA NOTICE IS HEREBY GIVEN that sealed bids for the purchase of the above bonds will be received until 12:00 Noon, C.T. on Monday, September 26, 1988, in the offices of Springsted. Incorporated, 85 East Seventh Place, Suite 100, St. Paul, Minnesota 55101 -2143, at which time the bids will be opened and tabulated for consideration by the City Council at a meeting at 7:00 p.m. on the same day. The bonds are offered on the following terms. The bonds will be dated October 1, 1988, will bear interest payable semiannually on each April 1 and October 1, commencing April 1, 1989, and will mature on October 1, 1991. The City may elect on October 1, 1990 or on any interest payment date thereafter to redeem and prepay bonds of this issue in whole or in part by lot at a price of par plus accrued interest to date of redemption. Bidders must specify a price of not less than $605,425 plus accrued interest. A legal opinion on the bonds will be furnished by LeFevere, Lefler, Kennedy, O'Brien &. Drawz, a Professional Association, Minneapolis, Minnesota. The proceeds of the bonds will be used to finance a portion of the costs of various assessable public im- provements in the City. Bidders should be aware that the Official Statement to be distributed for the bonds may contain additional bidding terms and information relative to the bonds. In the event of a variance between statements in this Notice of Bond Sale and the Official Statement bidders must comply with the terms of the latter. Further information may be obtained from the Issuer's Financial Advisor, Springsted Incorporated, 85 East Seventh Place, St. Paul, Minnesota 55101, 612/223 -3000. Dated: August 25, 1988. BY ORDER OF THE CITY COUNCIL /s/ Marilyn G. Anderson City Clerk- Treasurer