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fW41111111 a 11 NOTICE OF CALL FOR REDEMPTION $850,000 GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS, SERIES 200.7A CITY OF GEM LAKE, MINNESOTA- NOTICE IS HEREBY.GIVEN that, by order of the City Council of the City of Gem Lake, Minnesota (the "[ssuer"), there have been called for redemption and prepayment on February 1, 2016 (the "Redemption Date"), 411:outstanding bonds of the lssuer. designated .as 1850,000 General.. Obligation Capital Im�provetnent Plan $odds, Series 2007Ai dated June 20, 21J07, haYing.state�l maturity dates. of February 1. in the years .2018, 2020,. 2022, 2024, 2026. and 2028,. totaling $730,000 in outstanding. principal amount; and wifh :the following CUSIP numbers: Bond Number Maturity Principal Ainourtt' # lriterest Rate;:' :. CiJSIP*,** R-2 2618* $100,000 4.10% 36861A AK5 R-3 2020* 11:0 000 4.15% .56861A AM.I R-4 2022* 11.5,000 4. 25% 36861A AP4 R 5 2024* 125,000 4.35% 36861A AR0 9-6 2026* 135,000 4.40% 36861A AT6 R-7 2028* 145,000 4.5o% 3686.1AAVI a Term Bond The Bonds are being ealled at a price of pat plus accrued interest to the Redemption Date, on which date all interest on said Bonds will cease to accrue: Holders of the Bonds hereby called for redemption are requested. to present. their: *.Bonds for payment at the. -office of U.S. Bank National Association,. Corporate Trust Serviees, :60• Livingston Avenue, EP*N=WS3C, St. Paul, Minnesota 55107 on or before the Redemption Date. Payment of the redemption price on the above Bonds Mill become due and payable on the Redemption Date, upon presentation and surrender thereof. Interest on the principal amount designated to ' be redeemed shall cease to accrue on and after *the redemption date. Linder the Interest and .Dividend Compliance Act of 1.983, 31% will be withheld.iftax identification number is not properly. certified. The .Issuer shall not be responsible fQr the selection or use. *of the CUSIP Numbers, nor is any representation made as.to the correctness -thereof as indicated in this redemption notice. CUSIP Numbers are included solely -for the convenience of the holders. BY ORDER OF THE CITY COUNCIL OF GEM LAKE,-MINNESOTA Important.: Notice: In compliance.with the Economic *Giowth.and Tax Relief Reconciliation Act of 200.1; federal `backup withholding tax will.be withheld at the applicable backup -withholding rate in effect at.the-time thb payment. by the redeeming institutions if they are not provided with your social security number or federal :employer identification number, properly certified. This requirement is fulfilled by submitting. a W-9 .Norm, which may be obtained at a bank or other financial institution. ** Indicates full call of stated,maturity, *"* Neither the Issuer nor the :Fiscal Agent/Paying Agent: shall . be mponsib[6 for the selection of or use of the CUSIP number, and no representation is made as to its. correctness indicated in the :Notice of Call for Redemption.. CUSIP numbers are include& solely for the convenience of the Holders. 461255VI OAF 091-00 11 D- I