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/s/ Aim Blair <br />City Clerk <br />3. Springsted Incorporated is authorized and directed to negotiate the Bonds in <br />accordance with the foregoing Terms of Proposal. The City Council will meet at 7:00 o'clock <br />P.M. on Monday, June 24, 2002, to consider proposals on the Bonds and take any other <br />appropriate action with respect to the Bonds. <br />