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EXHIBIT A <br />Declaration of Official Intent <br />The undersigned, being the duly appointed and acting Administrator of the City of Ramsey, <br />Minnesota (the "City"), pursuant to and for purposes of compliance with Treasury Regulations, <br />Section 1.150-2 (the "Regulations"), under the Internal Revenue Code of 1986, as amended, hereby <br />states and certifies on behalf of the City as follows: <br />1. The undersigned has been and is on the date hereof duly authorized by the City <br />Council of the City to make and execute this Declaration of Official Intent (the "Declaration") for <br />and on behalf of the City. <br />2. This Declaration relates to the following project, property or program (the <br />"Project") and the costs thereof to be financed: <br />Costs incurred with the costs associated with the construction of the City's Public Works <br />Campus. <br />3. The City reasonably expects to reimburse itself for the payment of certain costs of <br />the Project out of the proceeds of a bond issue or similar borrowing (the "Bonds") to be issued <br />after the date of payment of such costs. As of the date hereof, the City reasonably expects that <br />$20,000,000 is the maximum principal amount of the Bonds which will be issued to finance the <br />Project. <br />4. Each expenditure to be reimbursed from the Bonds is or will be a capital <br />expenditure or a cost of issuance, or any of the other types of expenditures described in Section <br />1.150-2(d)(3) of the Regulations. <br />5. As of the date hereof, the statements and expectations contained in this Declaration <br />are believed to be reasonable and accurate. <br />Date: 2 / (70%_L)_ <br />Administrator <br />City of Ramsey, Minnesota <br />A-1 <br />