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May 1990 <br /> <br />MINNESOTA DEPARTMENT OF FINANCE <br />CASH AND DEBT MANAGEMENT DMSION <br /> <br />CERTIFI'¢ATF_. OF AJ,,I,.,OCATION FROM ],990 UNIF~D POOL <br /> <br />Pursuant Io Minn. Laws <br />Ch 474A ns amended <br /> <br /> No 309 <br /> <br />J U bi 0 7 <br /> ............ <br /> <br />NAME OF ISSUER: CitS of RamseS <br />TITLE OF PROPOSED ISSUE: ParaBody, Inc. Project <br /> <br />AMO~ OF ALLOCATION: <br /> <br />One Million Four Hundred Thousand and No/100ths - - ($1,400,000.00 ) DOLI.~S <br /> <br />If an issuer that receives an allocation and determines tha! it will not issue obligations equal to <br />all or a portion of the allocation received within 90 days of thc allocation or within the time period <br />permitted by federal tax law, whichever is less, than the issUer must notify the department. If the <br />issuer notifies the department or the 90 day period since allocation has expired prior to the last <br />Monday in August, the amount of allocation is canceled and returned for reallocation through the <br />unified pool. <br /> <br />An issuer that returns for reallocation all or a portion of an allocation received within 90 days of <br />the allocation shall receive within 30 days a refund equal to: <br /> <br />One-half of the application deposit for the amount of bonding authority returned within <br />30 daD of receiving the allocation; <br />One-fourth of the application deposit for the amount of bonding authority returned <br />between 31 and 60 days of receiving the allocation; and <br />One-eighth of the application deposit for the amount of bonding authority returned <br />between 61 and 90 days of receiving the allocation. <br />No refund of the application deposit shall be available for allocations returned on or after <br />the last Monday in August. <br /> <br />Certificates of Allocation are not transferable except that another issuer may issue the obligations <br />pursuant to the allocation received by the other issuer if its boundaries are coterminous with the <br />boundaries of the other issuer. <br /> <br />The Certificate of Allocation shall expire and be deemed not to have been issued if the department <br />has not rexeived a NOTICE OF ISSUE within five days of issuance of the obligations. A notice <br />of issue is required for each series of obligations if issued in series. (Notice of Issue forms are <br />available from the department upon request) <br /> <br />June 6, 1990 <br /> <br />Date of Certificate <br /> <br />Peter C. Hutchinson, Commissioner <br />Minnesota Department of Finance <br /> <br />C&DM000.3 <br /> <br /> <br />