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<br />I. <br /> <br />AUG-09-2006 11:21 <br /> <br />WELLS-FARGO-MUNI-TRADING <br /> <br />612 667 9396 <br /> <br />P.01/01 <br /> <br />BID FORM <br /> <br />The City Council <br />City of Cenlerville. Minnesota <br /> <br />August 9. 2006 <br /> <br />RE: <br />DATED: <br /> <br />$ 2,700,000 General Obligation Improvement Bonds. Series 2006A <br />September 1, 2006 <br /> <br /> <br />Year Amount Rate Year Amount Rate Y€ar Amount Rate <br /> I iff) <br />2009 $ 135,000 % 2014 $175.000 % 2019 $ 220,000 ~ <br />2010 $ 145.000 % 2015 $185,000 D% 2020 $ 235.000 Yo <br />2011 $ 150,000 % 2016 $ 195.000 % 2021 $ 250,000 -% <br />2012 $ 160.000 % 2017 $ 205.000 -% 2022 $ 260,000 % <br />2013 $ 170,000 % 2018 $ 215,000 . % <br />Th~ Bonds mature on March 1 in each of thE! years as indicated above and interest ispayab'ie March 1 and September 1 in each year, <br />commencing March 1. 2007, <br /> <br />Aceording)o qu.r,~p~ti.qn~(thlf C9]reCl computation being controlling in the ~a~) the total m:t int~..re51 ~$.1 Qf the above bid is $ <br />I, ba,-U..alJ. ft2..::l and the average neteffeclive Interest rat"Hs ~u22. %. MC- <br /> <br />We enclose our good faith deposit or guarantee by Financial Surety Bond in the amount $ 52500.00, to be held by you pending <br />delivery and payment. If our bid is not accepted. said deposit shall be promptly returned to us. This bid is for prompt acceptance and is <br />conditional upon delivery of said Bonds to us or to a named registrar within 40 days from date hereof, or thereafter at our option. <br /> <br />In conjunction with making this offer, we have received and reviewed the Official Statement, ,lHll.lept its terms and conditions. and have <br />submitted our requests for additional information or corrections to the Official Statement AB Syridicate Manager. we agree to provide <br />the issuer with the reoffering price of the Bonds within 24 hours of the bid acceptance. <br /> <br />By: <br /> <br />ct~::~ ::i~~~'LLC <br /> <br />Lo\~ ulo\ - \O~L\ <br />U\.~ LOl!>' q?>.'1v <br /> <br />Account Manager: <br /> <br />Telephone No.. <br /> <br />Fax No. <br /> <br />Tt)e foregoing offer is hereby accepted by and on behalf of the City Council of tile 'City of ("'~llle, Minnesota the <br />day of August 2006. <br /> <br />By <br /> <br />ffilIaJrllr <br /> <br />Attest <br /> <br />Teresa Bender <br />City Clerk 1-651-429-3232 Phone Number 1-651-429-8629 Fax <br /> <br />Good faith deposit received (for return to bidder) <br /> <br />CITY OF CENTERVlLLE <br /> <br />JOHN W. MEYER <br /> <br />,RAGE 19 of 20 <br /> <br />TOTAL P.01 <br />