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STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF RAMSEY <br /> <br /> I, the undersigned, being the duly qualified and acting Administrator of the City of <br />Ramsey, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing <br />extract of minutes with the original thereof on file in my office, and that the same is a full, true <br />and complete transcript of the minutes of a meeting of the City Council, duly called and held on <br />the date therein indicated, insofar as such minutes relate to considering proposals for and <br />awarding the competitive negotiated sale of $1,285,000 General Obligation Tax Increment <br />Crossover Refunding Bonds, Series 2003. <br /> <br /> WITNESS my hand this 10th day of June, 2003. <br /> <br />Administrator <br /> <br />20 <br /> <br />-109- <br /> <br /> <br />