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Municipal Advisory Service Agreement <br />5 <br />outside the scope of this Agreement. No compensation paid to Northland Bond Services is shared with <br />Northland Securities. <br />Northland is not aware of any additional material conflicts of interest that could reasonably be <br />anticipated to impair Northland’s ability to provide advice to or on behalf of the Client in accordance <br />with the standards of conduct for municipal advisors. <br />LEGAL AND DISCIPLINARY ACTIONS <br />The Client can find information about legal or disciplinary events reported by the Securities and <br />Exchange Commission contained in Form MA or Form MA-I related to Northland at <br />www.sec.gov/municipal/oms-edgar-links. <br />SUCCESSORS OR ASSIGNS <br />The terms and provisions of this Agreement are binding upon and inure to the benefit of the Client <br />and Northland and their successors or assigns. <br />TERM OF THIS AGREEMENT <br />This Agreement may be terminated by thirty (30) days written notice by either the Client or Northland <br />and it shall terminate sixty (60) days following the closing date related to the issuance of the Debt. <br />Dated this 17th day of June, 2025. <br /> <br />Northland Securities, Inc. <br />By: <br />Tammy Omdal, Managing Director <br />By: <br />Craig Jones, Managing Director <br /> <br />City of Lake Elmo, Minnesota <br /> <br />By: _________________________________ <br />Its: _________________________________