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<br />FINANCIAL ADVISORY SERVICE AGREEMENT <br /> <br />BY AND BETWEEN <br /> <br />THE CITY Oll'CENTERVILLE, MINNESOTA <br /> <br />AND <br /> <br />NORTHLAND SECURITIES. INC. <br /> <br />This Agreement made and entered into by and betWeen the City of CenterViUe, Minnesota (hereinafter <br />'City") and Northland Securities, Inc.. of Minneapolis, Minnesota (hereinnfter "NSI"). <br /> <br />WITNESSETH <br /> <br />WHEREAS, the City desires to use the services of NSI mlamd to the issuance of City bonds as described <br />herein ("Debt"). and <br /> <br />WHEREAS. NSI desires to furnish services to the City as hereinafter described, <br /> <br />NOW. THEREFORE. it is agreed by and between the parties as follows: <br /> <br />SERVICES TO BE PROVIDED BY NSI <br /> <br />Debt IssUBnce: <br /> <br />Serve as the City's Financial Advisor for the issuance of the Debt NSI sbaII provide aU services <br />necessary to analyze, sttncture, offi:r fur sale and close the transaction. Examples of the serviceS <br />include the following: <br /> <br />Planniag aDd Development <br /> <br />. <br />. <br />. <br /> <br />Meet with Cil}' officials and others as directed to define the scope and the objeclives <br />Assemble and analyze relevant sIlItistical information. <br />Prepare . preliminary Il:astbili1y study or discuss wltb Ci1y officials possible funding options <br />and the fiscal implicatioos of escl1. <br />Prepare details on the recommeoded options - infurmation on the issue structure, metbod of <br />isSuance, term, sale timing, call provisions, etc. <br />Prepare . schedule of....ts related to the issuance pl1lCCSl< <br />AIIeod meetings nf the City Couocil and other project and bond issue related meetiogs as <br />needed and as reqoeste<l <br /> <br />. <br /> <br />. <br />. <br /> <br />Boud Sales <br /> <br />. <br /> <br />Prepare, canse to be printed, and distribute 1I1e Official Statement and Bid Form to prospective <br />bidders. <br />Canso to be published the Official Notice of Sale if requiR:d by law. <br />Recommend whe1her 1I1e issue should secure . bond rating. If 111. issue is to be rnted, prepare <br />and furnish to the rating agencies1l1e information they require to evalnate the issue and provide <br />their rating. Serve as 1I1e City's representative to the rating agencies. <br />Directly contact underwriters most likely to serve as syndicate managers to assure that bidding <br />interest is established. <br /> <br />. <br />. <br /> <br />. <br /> <br />centerville imptp sale 2,545,000 FA Agrmt0414 mtgPage I <br />