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3. Notice of Sale. The terms and conditions of the Bonds and the negotiation thereof <br />are fully set forth in the "Notice of Sale" attached hereto as Exhibit A and hereby approved and <br />made a part hereof. <br />4. Official Statement. In connection with said competitive negotiated sale, the City <br />Administrator and other officers or employees of the City are hereby authorized to cooperate <br />with Northland and participate in the preparation of an official statement for the Bonds, and to <br />execute and deliver it on behalf of the City upon its completion. <br />The motion for the adoption of the foregoing resolution was duly seconded by member <br />H D i ,t 2 and, after full discussion thereof and upon a vote being taken thereon, the <br />following voted in favor thereof: <br />Approved this 2nd day of May, 2023, by the City Council of the City of Lake Elmo, Minnesota. <br />CITY OF LAKE ELMO, MINNESOTA <br />Mayor <br />ATTEST: <br />CityVk <br />Ur <br />LA515-123-867394.v1 <br />