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<br />REDEMPTION: <br /> <br />Bonds are subject to redemption and prepayment at the option of <br />the City On FebrulUy I, 2018 (2019 through 2025 maturities), <br />and on any date thereafter at par. Redemption may be in whole <br />or in part of the Bonds subject to prepayment. If redemption is in <br />part, the maturity and the principal amounts within each maturity <br />to be redeemed shall be determined by the City and if only part <br />of the Bonds having a common maturity date are called for <br />prepayment, the specific Bonds to be prepaid shall be chosen by <br />lot by the Certificate Registrar. <br /> <br />CUSIP NUMBERS: <br /> <br />If the Bonds qualify for assignment of CUSIP numbers such <br />numbers will be printed on the Bonds, but neither the failure to <br />print such numbers on any Certificate nor any error with respect <br />thereto shall constitute cause for a failure or refusal by the <br />successful bidder thereof to accept delivery of and pay for the <br />Bonds in accordance with terms of the purchase contract. The <br />CUSIP Service Bureau charge for the assignment of CUSIP <br />identification numbers shall be paid by the successful bidder. <br /> <br />DELIVERY: <br /> <br />Within forty days after award subject to the approving legal <br />opinion by Bradley & Deike, P.A., Bond Counsel. Legal opinion <br />will be paid by the City and delivery will be anywhere in the <br />continental United States without cost to the successful bidder at <br />DTC. <br /> <br />TYPE OF PROPOSAL: <br /> <br />Proposals of not less than $3,677,850 (99.0%) and accrued interest <br />on the principal sum of $3,715,000 must be filed with the <br />undersigned prior to the time of sale. Proposals must be <br />unconditional except as to legality. Proposals for the Bonds should <br />be delivered to Northland Securities, Inc. and addressed to: <br /> <br />Dallas Larson, Administrator <br />Centerville City Hall <br />1880 Main Street <br />Centerville, Minnesota 55038 <br /> <br />Each proposal must bc accompanied by a good faith deposit (the <br />"Deposit") in the amount of $74,300 in the form of a certified or <br />cashier's check (payable to the order of the City), a financial <br />surety bond or a wire transfer to be forfeited as liquidated <br />damages if proposal maker fails to comply with accepted <br />proposal. If a wire transfer is used, bidders are required to notify <br />Northland Securities prior to the time of sale that they will be <br />