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EXItlBIT A <br /> <br />Declaration of Official Intent <br /> <br /> The undersigned, being the active City Administrator of the City of Ramsey <br />pursuant to and for purposed of compliance with Treasury Regulations, Section 1.150-2 <br />(the "Regulations"), under the Internal Revenue Code of 1986, as amended, hereby states <br />and certifies on behalf of the City of Ramsey as follows: <br /> <br />The undersigned has been and is on the date hereof duly <br />authorized by the Ramsey City Council to make and <br />execute this Declaration of Official Intent (the <br />"Declaration") for and on behalf of the City. <br /> <br />This Declaration relates to the following project, property, <br />or program (the "Project") and the costs to be financed: <br /> <br />Town Center project which include: <br /> Ramsey City Hall/Police Facility <br /> Parking Ramp, and Park & Ride Facility <br /> <br />The City reasonably expects to reimburse itself for the <br />payment of certain costs of the Project out of the proceeds <br />of a bond issue or similar borrowing (the "bonds") to be <br />issued by the City after the date of payment of such costs. <br />As of the date hereof, the City reasonably expects that <br />$ is the maximum principal amount of the <br />Bonds which will be issued to finance the Project. <br /> <br />Each expenditure to be reimbursed from the Bonds is or <br />will be a capital expenditure or a cost of issuance, or any of <br />the other types of expenditures described in Section 1.150- <br />2(d)(3) of the Regulations. <br /> <br />As of the date hereof, the statements and expectations <br />contained in this Declaration are believed to be reasonable <br />and accurate. <br /> <br />Date: <br /> <br />James E. Norman, City Administrator <br />City of Ramsey <br /> <br /> <br />