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2021-122
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2021-122
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EXHIBIT E <br />NOTICE OF CALL FOR REDEMPTION <br />$5,615,000 <br />City of Lake Elmo, Minnesota, <br />General Obligation Bonds, Series 2013A <br />NOTICE IS HEREBY GIVEN that, by order of the City Council of the City of Lake Elmo, <br />Minnesota (the "City"), there have been called for redemption and prepayment on <br />December 7, 2021 <br />all outstanding bonds of the City designated as General Obligation Bonds, Series 2013A, dated as <br />of October 1, 2013, having stated maturity dates of July 15 in the years 2022 through 2033, both <br />inclusive, totaling $3,180,000 in principal amount, and with the following CUSIP numbers: <br />Year of Maturity <br />Amount <br />CUSIP <br />2022 <br />$330,000 <br />509624 <br />LH3 <br />2023 <br />300,000 <br />509624 <br />LJ9 <br />2024 <br />300,000 <br />509624 <br />LK6 <br />2025 <br />300,000 <br />509624 <br />LL4 <br />2026 <br />305,000 <br />509624 <br />LM2 <br />2027 <br />310,000 <br />509624 <br />LNO <br />2028 <br />315,000 <br />509624 <br />LP5 <br />2030* <br />395,000 <br />509624 <br />LQ3 <br />2033* <br />625,000 <br />509624 <br />LR1 <br />*Term Bond <br />The Bonds will be redeemed at a price of par plus accrued interest to December 7, 2021, on which <br />date all interest on said bonds will cease to accrue. Holders of the Bonds hereby called for <br />redemption are requested to present their bonds for payment at the main office of Northland Trust <br />Services, Inc., Minneapolis, Minnesota (the "Paying Agent"), at the following address, on or before <br />December 7, 2021. <br />Northland Trust Services, Inc., Minneapolis, Minnesota <br />150 South 5th Street, Suite 3300 <br />Minneapolis, MN 55402 <br />Important Notice: In compliance with the Economic Growth and Tax Relief Reconciliation <br />Act of 2009, the Trustee is required to withhold a specified percentage of the principal amount of <br />the redemption price payable to the holder of any bonds subject to redemption and prepayment on <br />the redemption date, unless the Trustee is provided with the Social Security Number or Federal <br />E-1 <br />LA515-85-748617.d2 <br />
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