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• 1245 West Highway 96 <br /> Arden Hills, MN 55112 <br /> h, 6. Deadlines. The Council conducts all tax exempt financing matters at regularly <br /> scheduled Council meetings held on the second and last Monday of each month. <br /> Documents for Council consideration must be at the City office on the Monday preceding <br /> the Council meeting at which the matter is to be considered. In the case of a publicly <br /> offered bond, issue the documents, when submitted, may specify a maximum price and <br /> maximum effective interest rate if prices and rates have not yet been established. <br /> 0 Post-Issuance Compliance. The City will require that each borrower demonstrate <br /> to the City that the borrower will comply with substantially the same procedures for <br /> post-issuance compliance that apply to City governmental bonds under the City's <br /> Post Issuance Debt Compliance Policy, approved September 14. 2009 as amended <br /> from time to time. The City may require that borrowers retain a trustee and/or an <br /> independent arbitrage consultant for the term of the bonds. <br /> • <br /> • <br /> 356755v2 SJB AR200-7 6 <br />