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CITY OF GEM LAKE Heritage Hall 4200 Otter Lake Road | Gem Lake, MN 55110 651-747-2790/92 | 651-747-2795 (fax) E-mail city@gemlakemn.org May 21, 2024 Mr. Kevin McKinnon Minnesota Department of Employment and Economic Development Suite 1200 Great Northern Building 180 E 5th Street St. Paul, MN 55101-1351 Re: City of Gem Lake, Minnesota – Educational Facilities Revenue Note (White Bear Montessori School Project) Series 2024 - DEED Application Dear Mr. McKinnon: Attached hereto in duplicate is the application of the City of Gem Lake, Minnesota (the “City”), for approval of the above-referenced project (the “Project”) including a copy of the Resolution approving the issuance of the Note adopted by the City’s City Council. As indicated in the attached Resolution, we believe that this Project fully meets the public purpose requirements of Minnesota Statutes, Sections 469.152 to 469.165 (the “Act”). The White Bear Montessori School, Inc., Minnesota, a Minnesota nonprofit corporation, provides educational services for children 0 – 6 years old. The City Council desires to help promote development of educational facilities and believes that the financing of the Project by the issuance of revenue notes or other obligations will accomplish that objective. Reference is made to the Resolution for a more definitive statement of the public purposes served by the financing. The Project does not contain any property to be sold or affixed or consumed in the production of property for sale, and does not include any housing facility to be rented or used as a permanent residence. The City has complied with the notice and hearing requirements of Minnesota Statutes, Section 469.154, subdivision 4, and agrees it will comply with the reporting requirements set forth in Minnesota Statutes, Section 469.154, subdivisions 5 and 7. The public hearing was held on May 21, 2024, at the City Hall/Heritage Hall in the City of Gem Lake, Minnesota, a draft copy of the enclosed application with all attachments was available for public inspection and all interested parties were afforded an opportunity to express their views. The City will undertake to encourage that the employment opportunities made available by the Project will, if feasible, be offered to individuals who are unemployed or who are economically disadvantaged. This will be done by the Borrower by posting open positions on its website, on indeed.com, on Minnesota Career Force job site, and on the job board at the Montessori Center of Minnesota. We respectfully request prompt approval by the Minnesota Department of Employment and Economic Development of the Project under the provisions of the Act. Sincerely, CITY OF GEM LAKE, MINNESOTA ______________________________________________ Mayor