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<br />AUTHORIZATION TO BID <br /> <br />As a broker dealer, NSI is subject to the rules of the Municipal Securities Rulemaking Board (hereinafter <br />"Board"). Pursuant to Rule G-23 of the Board, the District consents and does authorize NSI or any entity or <br />company affiliated with NSI to submit a competitive bid for the purchase of the Bonds. NSI agrees that any <br />bid so submitted shall only be submitted electronically directly to P ARlTY~ (or its successor) prior to the <br />deadline otherwise established for the receipt of such a bid. <br /> <br />SUCCESSORS OR ASSIGNS <br /> <br />The terms and provisions of this Agreement are binding upon and inure to the benefit of the City and NSI <br />and their successors or assigns. <br /> <br />TERM OF THIS AGREEMENT <br /> <br />This Agreement may be terminated by thirty (30) days written notice by either the City or NSI and it shall <br />terminate sixty (60) days following the closing date related to the issuance of the Bonds. <br /> <br />Dated this 24th day of June, 2009. <br /> <br />Northland Securities, Inc. <br /> <br />By: <br /> <br />Richard G. Asleson, Sr. Vice President <br /> <br />City of Centerville, Minnesota <br /> <br />By: <br /> <br />Page 3 <br /> <br />41 <br />