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<br />FULL CONTINUING DISCLOSURE <br />UNDERTAKING: The City will covenant in the resolution awarding the sale of the <br />Bonds and in a Continuing Disclosure Undertaking to provide, or <br />cause to be provided, annual financial information, including <br />audited financial statements of the City, and notices of certain <br />material events, as required by SEC Rule 15c2-12. <br /> <br />The City reserves the right to reject any and all proposals, to waive informalities and to adjourn the sale. <br /> <br />Dated: June 24, 2009 <br /> <br />BY ORDER OF THE CITY COUNCIL <br /> <br />/s/ Dallas Larson <br />Administrator <br /> <br />Additional information may be obtained from: <br /> <br />Northland Securities, Inc. <br />45 South 7th Street, Suite 2000 <br />Minneapolis, Minnesota 55402 <br />Telephone No.: (612) 851-5900 <br />