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13569209v1 <br /> <br /> <br /> A-1 <br /> <br />EXHIBIT A <br />THE CITY HAS AUTHORIZED BAKER TILLY MUNICIPAL ADVISORS, LLC TO <br />NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON <br />THE FOLLOWING BASIS: <br /> <br /> <br />TERMS OF PROPOSAL <br /> <br />$8,380,000* CITY OF HUGO, MINNESOTA GENERAL OBLIGATION TAX ABATEMENT BONDS, SERIES 2021A <br /> <br />(BOOK ENTRY ONLY) <br /> <br />Proposals for the above-referenced obligations (the “Bonds”) will be received by the City of <br />Hugo, Minnesota (the “City”) on Tuesday, September 7, 2021 (the “Sale Date”) until 11:00 <br />A.M., Central Time (the “Sale Time”) at the offices of Baker Tilly Municipal Advisors, LLC <br />(“Baker Tilly MA”), 225 South 6th Street, Suite 2300, Minneapolis, Minnesota, 55402, after <br />which time proposals will be opened and tabulated. Consideration for award of the Bonds will <br />be by the City Council at its meeting commencing at 7:00 P.M., Central Time, of the same day. <br /> <br />SUBMISSION OF PROPOSALS <br /> <br />Baker Tilly MA will assume no liability for the inability of a bidder or its proposal to reach <br />Baker Tilly MA prior to the Sale Time, and neither the City nor Baker Tilly MA shall be <br />responsible for any failure, misdirection or error in the means of transmission selected by any <br />bidder. All bidders are advised that each proposal shall be deemed to constitute a contract <br />between the bidder and the City to purchase the Bonds regardless of the manner in which the <br />proposal is submitted. <br /> <br />(a) Sealed Bidding. Completed, signed proposals may be submitted to Baker Tilly MA by email <br />to bondservice@bakertilly.com or by fax (651) 223-3046, and must be received prior to the Sale <br />Time. <br /> <br />OR <br /> <br />(b) Electronic Bidding. Proposals may also be received via PARITY®. For purposes of the <br />electronic bidding process, the time as maintained by PARITY® shall constitute the official time <br />with respect to all proposals submitted to PARITY®. Each bidder shall be solely responsible for <br />making necessary arrangements to access PARITY® for purposes of submitting its electronic <br />proposal in a timely manner and in compliance with the requirements of the Terms of Proposal. <br />Neither the City, its agents, nor PARITY® shall have any duty or obligation to undertake <br />registration to bid for any prospective bidder or to provide or ensure electronic access to any <br />qualified prospective bidder, and neither the City, its agents, nor PARITY® shall be responsible <br />for a bidder’s failure to register to bid or for any failure in the proper operation of, or have any <br />liability for any delays or interruptions of or any damages caused by the services of PARITY®.