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EXHIBIT A
<br /> FORM OF MOUNDS VIEW CERTIFICATE
<br /> UNITED STATES OF AMERICA
<br /> STATE OF MINNESOTA
<br /> COUNTY OF RAMSEY
<br /> CITY OF MOUNDS VIEW
<br /> GENERAL OBLIGATION EQUIPMENT CERTIFICATE OF INDEBTEDNESS,SERIES 2017
<br /> The City of Mounds View, Minnesota, a duly organized and existing home-rule charter city and
<br /> political subdivision located in Ramsey County, Minnesota (the"City"), acknowledges itself to be indebted
<br /> and for value received promises to pay to the City of Spring Lake Park, Minnesota ("Spring Lake Park") a
<br /> principal sum not-to-exceed $172,430, plus interest thereon, at the rates set forth in the Resolution (herein
<br /> defined),but ultimately payable by the City in accordance with the Formula,as defined and located at Exhibit
<br /> A to that certain Joint Powers Agreement For the Provision of Fire Protection Services, dated December 11,
<br /> 1990, as amended and supplemented (the "Joint Powers Agreement"). Annual payments of principal and
<br /> interest hereon, in amounts determined in accordance with the Formula in the aforementioned Joint Powers
<br /> Agreement,shall be payable February 1 of each year,commencing February 1,2019. For the prompt and full
<br /> payment of such principal and interest as the same respectively become due, the full faith and credit and
<br /> taxing powers of the City have been and are hereby irrevocably pledged and the City Council of the City has
<br /> obligated itself to levy ad valorem taxes on all taxable property within the City, which taxes may be levied
<br /> without limitation as to rate or amount.
<br /> This Certificate is issued pursuant to a resolution adopted by the City Council of the City on
<br /> February 27,2017(the"Resolution"),for the purpose of reimbursing Spring Lake Park for the City's share of
<br /> the financing of various items of equipment for fire protection and firefighting purposes by the Spring Lake
<br /> Park Fire Department, Inc., which is a Minnesota nonprofit corporation providing fire protection and
<br /> other public safety services to the City, Spring Lake Park, and the City of Blaine, Minnesota. This
<br /> Certificate is being issued pursuant to and in full conformity with the home-rule charter of the City, and
<br /> the Constitution and laws of the State of Minnesota, including Minnesota Statutes, Section 412.301 and
<br /> Chapter 475, as amended, and the principal hereof and interest hereon are payable primarily from ad
<br /> valorem taxes, as set forth in the Resolution to which reference is made for a full statement of rights and
<br /> powers thereby conferred.
<br /> This Certificate is not subject to optional redemption by the City and is not transferable.
<br /> The City is also responsible to pay to Spring Lake Park the amount of$4,677.09 before February
<br /> 1,2018,which is an amount of interest on this Certificate that is due on said date.
<br /> IT IS HEREBY CERTIFIED,RECITED, COVENANTED AND AGREED that all acts, conditions
<br /> and things required by the home-rule charter of the City,the Constitution and laws of the State of Minnesota
<br /> to be done, to exist, to happen and to be performed preliminary to and in the issuance of this Certificate in
<br /> order to make it a valid and binding general obligation of the City in accordance with its terms, have been
<br /> done, do exist, have happened and have been performed as so required, and that the issuance of this
<br /> Certificate does not cause the indebtedness of the City to exceed any charter, constitutional or statutory
<br /> limitation of indebtedness.
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