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<br />  <br /> <br />Presale Report <br />City of St. Anthony, Minnesota <br />August 15, 2024 <br />Page 4 <br /> <br />Risk Factors: <br />Special Assessments: We have assumed approximately $210,570 of prepaid special <br />assessments. If the City receives a significant amount of prepaid special assessments or does <br />not levy the special assessments, it may need to increase the property tax levy portion of the <br />debt service to make up for lower interest earnings than the expected assessment interest <br />rate. <br />Other Service Providers: <br />This debt issuance will require the engagement of other public finance service providers. This <br />section identifies those other service providers, so Ehlers can coordinate their engagement <br />on your behalf. Where you have previously used a particular firm to provide a service, we have <br />assumed that you will continue that relationship. For services you have not previously <br />required, we have identified a service provider. Fees charged by these service providers will <br />be paid from proceeds of the obligation, unless you notify us that you wish to pay them from <br />other sources. Our pre-sale bond sizing includes a good faith estimate of these fees, but the <br />final fees may vary. If you have any questions pertaining to the identified service providers or <br />their role, or if you would like to use a different service provider for any of the listed services <br />please contact us. <br />Bond Counsel: Dorsey & Whitney LLP <br />Paying Agent: Bond Trust Services Corporation <br />Rating Agency: Standard & Poor's Global Ratings (S&P) <br />Summary: <br />The decisions to be made by the City Council are as follows: <br /> Accept or modify the finance assumptions described in this report <br /> Adopt the resolution attached to this report. <br /> <br /> <br />27