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STATE OF MINNESOTA <br />CITY OF HUGO <br />COUNTY OF WASHINGTON <br />I, the undersigned, being the duly qualified and acting <br />Clerk -Treasurer of the City of Hugo, Minnesota, DO HEREBY CERTIFY <br />that I have compared the attached and foregoing extract of <br />minutes with the original thereof on file in my office, and that <br />the same is a full, true and complete transcript of the minutes <br />of a meeting of the City Council of said City, duly called and <br />held on the date therein indicated, insofar as such minutes <br />relate to considering proposals for, and awarding the sale of, <br />$985,000 General Obligation Temporary Improvement Bonds, Series <br />1998Bof said City. <br />WITNESS my hand this 4th day of May, 1998. <br />Cle -Treasurer JZ <br />931992.1 27 <br />