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This presale report sumrnarizes: our understanding of the. City's objectives for the structure. and terms of this <br />financing as of this date. As additional facts become known or capital markets conditions change, we. may need <br />to modify the structure and/or terms of this financing to achieve results consistent:with the City's objectives: <br />Proposed Debt. issuance Schedule <br />Pre -Sale Review by City Council: June 20, 2017 <br />Distribute Official:Statement: Week of July 3, 2017 <br />City Council Meeting to Award Sale .of.the Bonds: July 1$, 20.17 <br />Estirnated Closing Date: August./., 2017 <br />Attachments <br />Sources and Uses of Funds <br />Proposed Debt Service Schedule <br />Bond Buyer Index <br />.Resolution Authorizing Ehlers to Proceed with Bond Sale <br />Ehlers. Contacts <br />Municipal Advisors: <br />Disclosure Coordinator: <br />Financial Analyst-. <br />Todd Hagen <br />Rebecca Kurtz <br />Chris Mickelson <br />Charissa Brookley <br />Alicia Gage <br />(651) 697-8508. <br />(651.) 697-85.16 <br />{d51] 697-8556 <br />(651) 697-8573 <br />(551) 697-8551 <br />The Official Statement for this financing will be mailed to. the City. Council at their home address or e-maned for <br />review prior to the sale date. <br />Presale Report June; 24, 2017 City of Gem Lake, Minnesota Page <br />4 <br />