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ncsuiution r+o. zUU t-U4 <br />Page A -I <br />EXHIBIT A <br />DECLARA'n01j OR QFFICIAL INTENT <br />The undersigned, being the duly appointed and acting City Clerk of �. the City of Gem Lake, Minnesota pursuant to and for purposes ofcontpliance with Treasury Regulationsf.kction 1..150-2.(the "RegulatioM'), Wider the late l Revenue:Code.of 1986, <br />as amended, hereby states and certifies on behalf of the City as follows: <br />1. The undersigned has beenand is=onrthe-date. hereofdWy. authorized by the City Council to make and execute this Declaration <br />.pf Official intent (the "Declaration"). for and'on behalf of the. City. <br />2. Thi..s Declaration related to the following'pFojec.i.w.pro&l i-(the. "Project") and the. costs. thereof to be financed: <br />INSERT PROJECT & COSTS <br />3. The City reasonably expects to reimburse. itself fof the payment of certain costs of.the.Project:out:ofthe proceeds of a bond <br />issue pr'simiiar borrowing (the "Bonds"} to be issued by the City after the datrvPtpayment of sttcli costs. As of.the.date <br />hereQf0he. City reasonably expects that.$ Is the maximuei <br />issued*to. finance the Project. m Pam► PaJ. amount of the .Bonds which will be. <br />4. Each expenditure to be reimbursed from the Bond" 8,or*wHl*be a capital expenditure.or a cost of issuance, orany rattier types <br />of expenditures .described in Section 1.15.0-2(4)(3) of 0ie-Rggulations. <br />5. As of the date :hereof; the statements arid expectsftions:.containcd."m this Declaration are believed to be. reasonable and <br />accurate. <br />Date; � <br />City Clerk. <br />City of Gem Lake; Minnesota <br />