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172982028v5 <br /> <br />Taft Draft June 27, 2025 <br />S-1 <br /> <br />IT IS HEREBY CERTIFIED AND RECITED that all conditions, acts and things required <br />to exist to happen and to be performed precedent to or in the issuance of this Note do exist, have <br />happened and have been performed in regular and due form as required by law. <br />IN WITNESS WHEREOF, the City has caused this Note to be duly executed in its name <br />by the manual signatures of the Mayor and City Administrator, the seal of the City having been <br />intentionally omitted as permitted by law, and has caused this Note to be dated as of the date first <br />written above. <br />CITY OF HUGO, MINNESOTA <br />By ____________________________________ <br />Its Mayor <br />And By ________________________________ <br />Its City Administrator <br />