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The designation of Northland as placement agent applies solely to this Issue. MSRB regulations <br />allow the City to establish financial advisory or underwriting relationships with Northland for future <br />issues based on the needs of each financing. <br />We look forward to working with you on this Issue. I would be happy to discuss this letter, our <br />relationship with the City for the Certificates, or other aspects of MSRB rules. <br />Please acknowledge the receipt of this letter by signing in the space below. At your convenience, <br />return a copy of the signed letter to me. <br />Sincerely, <br />Paul Donna <br />Senior Vice President <br />Receipt of these disclosures acknowledged by the City. <br />Date: <br />Name: <br />Title: <br />45 South 7th Street, Suite 2000, Minneapolis, MN 55402 <br />Main: (612) 851-5900 / Direct: (612) 851-4919 / Email: mhoheisel@northlandsecurities.com <br />Member FINRA and SIPC <br />