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<br />AUmORIZATJONTOBID <br /> <br />As a broker dealer, NSI is subject to the rules of the Municipal Securities Ru1emaking Board (hereinafter <br />"Board"). Pursuant to Rule 0-23 of the Board, the City consents and does authorize NSI or any entity or <br />company affiliated with NSI to submit a competitive bid for the purchase oflbe Bonds. NSI agrees that any <br />bid so submitted shall be tUed directly to the City for receipt at least fifteen (15) minutes prior to the <br />deadline o1berwise established for the receipt of such a bid. <br /> <br />SUCCESSORS OR ASSIGNS <br /> <br />The tenns and provisions oftbis AgreemeIlt ore 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 ei1her the City or NSI and it shall <br />tenninate sixty (60) days following the closing date related to the issuance of the Bonds. <br /> <br />Dated this 14" day of April, 2004. <br /> <br />Northland Seeurltles, Ine. <br /> <br />By: (>>- ~ --- <br /> <br />. ard G. Asleson, Sr. Vice President <br /> <br />City of Centerville, Minnoso1a <br /> <br />By: <br /> <br />Mayor <br /> <br />And: <br />City Administrator <br /> <br />centerviIle impt P sale 2,545,000 FA Agrmt 0414 mtgPage 3 <br />