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45 South 7,h Street <br /> Suite 2000 <br /> NORTHLAND SECURITIES Minneapolis, AN 55402 <br /> (800) 851 -2920 <br /> (612) 851 -5906 <br /> Fax (612) 851 -5917 <br /> DATE: April 16, 2013 <br /> TO: Honorable Tom Wilharber, Mayor & Members of the City Council <br /> Mr. Dallas Larson, Administrator <br /> Mr. Michael Jeziorski, Finance Director <br /> City of Centerville <br /> FROM: George Eilertson, Sr. Vice President <br /> Northland Securities <br /> RE: 2013 Street Improvements — Project Financing <br /> April 24, 2013 Council Meeting Agenda Items: <br /> Thank you for the opportunity to work with the City on this bond issue. Regarding the 2013 street <br /> improvements project financing, following are the items that I will present at the April 24 City <br /> Council meeting: <br /> 1. Presentation of Finance Plan Summary — This document provides an overview of the Series <br /> 2013A Bond issue financing structure, terms and conditions. <br /> 2. Resolution providing for the Issuance and Sale of $1,510,000 General Obli ag tion <br /> Improvement Bonds, Series 2013A <br /> Approval of the Resolution will provide the following timeline for the sale of the bonds: <br /> a. Type of Sale - Public Offering. <br /> b. Financing Proposals Received Wednesday, May 22, 2013 @ 10:30 A.M. <br /> c. Council Consideration of Proposals Wednesday, May 22, 2013 @ 6:30 P.M. <br /> 3. Financial Advisor Agreement between the City of Centerville and Northland Securities — the <br /> agreement states Northland's pre -sale and post -sale duties as well as compensation. <br /> Thank you. <br /> 12 <br />