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Debt Issuance Services <br />March 13, 2012 <br />Pre -Sale Report for <br />$7,420,000 Taxable General Obligation Tax <br />Increment Bonds, Series 2012 <br />City of Ramsey, Minnesota <br />EHLERS <br />LEADERS IN PUBLIC FINANCE <br />Prepared and Presented by: <br />Stacie Kvilvang <br />Executive Vice President <br />And <br />Mark Ruff <br />Executive Vice President <br />www,ehlers-inc,com <br />Minnesota <br />Offices also in Wisconsin and Illinois <br />phone 651-697-8500 3060 Centre Pointe Drive <br />fax 651-697-8555 Roseville, MN 55113-1122 <br />toll free 800-552-1171 <br />