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Northland Securities Services October 25, 2013 Page 2 of 4 4. Determine what parcels could be decertified from the TIF district and impact of their removal. 5. Provide an analysis of impacts of changing the fiscal disparities election to inside the district. 6. Prepare analysis and drafting of potential special legislation the City may need for the TIF District. (The city received special legislation in regards to the creation of the district.) 7. Attend meeting with City Council/HRA to overview findings and facilitate discussion on options. OUR FIRM Northland Securities is committed to keeping local governments informed of the latest tools, issues and trends in public finance. Northland's Public Finance Group specializes in the public finance needs of municipalities and governmental agencies across the Upper Midwest. Our public finance professionals have the depth of experience in the industry that serves our clients well, as they navigate through the complexities of planning for development, infrastructure improvements, and the financial markets. As a diversified financial services firm, we provide financial advisory services and are also a significant underwriter of municipal debt. This provides a distinct advantage to our clients. Not only can they draw upon our experience to develop a sound finance plan, but also our expertise in the credit markets, to get firsthand market information useful in the structuring and timing of their financing. Our mission is to "provide direction and produce results." Northland Public Finance is committed to developing long-term client relationships by providing sound advice, creative solutions, and the desired results. Northland provides a complete array of services related to the use of tax increment financing. From the evaluation of potential projects to the creation of TIF districts to the management of existing districts, we provide the assistance needed to make effective use of this powerful development tool. SCOPE OF SERVICES Northland will provide the following services to the City of Ramsey, referred to herein as Phase I and Phase II. Phase I 1. Initial Meeting. Meet with city staff to confirm project objectives and to discuss revised development scenarios and timing of development. 2. Estimated Public Costs. Prepare schedule of actual costs incurred to date and future estimated costs by year, reported by tax increment reporting categories.