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successful bidder. Failure of the municipal bond insurer to issue the policy after the Bonds have been <br />awarded to the successful bidder shall not constitute cause for failure or refusal by the successful bidder <br />to accept delivery on the Bonds. <br />The City reserves the right to reject any and all Proposals, to waive informalities and to adjourn the sale. <br />Dated: May 2, 2023 BY ORDER OF THE LAKE ELMO CITY COUNCIL <br />/s/ Kristina Handt <br />City Administrator <br />Additional information may be obtained from: <br />Northland Securities, Inc. <br />150 South 5' Street, Suite 3300 <br />Minneapolis, Minnesota 55402 <br />Telephone No.: 612-851-5900 <br />A-7 <br />LA515-123-867394.vl <br />