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, 2009 <br />Mark Lofthus <br />Minnesota Department of Employment <br />and Economic Development <br />Business and Community Development Director <br />1"National Bank Building <br />332 Minnesota Street, Suite E200 <br />St. Paul, Minnesota 55101-13 51 <br />$990009000 <br />City of Arden Hills, Minnesota <br />Educational Facilities Revenue Notes <br />(Northwestern College Project) <br />Series 2009 <br />Dear Mr. Lofthus : <br />VIA MESSENGER <br />Enclosed please find the following documents which are submitted for your approval of the <br />above -mentioned project pursuant to Minnesota Statutes, Section 469.154, Subdivision 5: <br />1. Two copies of the Application to the Minnesota Department of Employment and <br />Economic Development for Approval of Industrial Development Bond Project; <br />2. Opinion of Bond Counsel that the proposal constitutes a project under Minnesota <br />Statutes, Section 469.153, Subd. 2(b); <br />3. A resolution of the City Council of the City of Arden Hills, Minnesota, adopted <br />November 30, 2009, providing preliminary approval to the Project; <br />4. Statement Concerning a Proposed Project under Minnesota Statutes, Sections 469.152 to <br />469.165; <br />5. Letter of Intent to purchase or place the above -referenced Notes from the purchasers, <br />which confirms the feasibility of the Project from a financial standpoint; <br />6. Affidavit of Publication of Notice of Public Hearing; and <br />