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CUSIP NUMBERS These bonds will be printed without CUSIP numbers unless requested by the purchaser who must a~ree in the offer for the Bonds to pay all costs and expenses thereof including printing and CUSIP Service Bureau charges. Any failure to print such numbers or errors in printing shall not be cause for failure or refusal of the purchaser to accept delivery of and pay for the bonds in accordance with the purchase contract. The purchaser shall waive any extension in delivery time due to use of the number and shall accept all responsibility in connection with use of CUSIP numbers. DELIVERY Bonds will be delivered on or before December 31, 1985, sub- ject to approving legal opinion of Messrs. Briggs and Morgan, Professional Association, of St. Paul and Minneapolis, Minnesota. Bond printing and legal opinion will be paid by Issuer and deliv- ery will be anywhere in the continental United States without cost to the purchaser. Legal opinion will be printed on the bonds. TYPE OF BID Sealed bids of not less than $16,204,000 and accrued interest on the principal sum of $16,225,000 from date of bonds to date of delivery must be filed with the undersigned prior to the time of sale, together with a certified or cashier's check in the amount of $330,500 payable to the order of the Treasurer of the Issuer, to be forfeited as liquidated damages if bidder fails to comply with accepted bid. Bids for the bonds may be mailed or delivered to the office of Knutson, Flynn & Hetland, Pioneer Press/Dispatch Building, 345 Cedar Street, Suite 800, St. Paul, Minnesota, Minnesota 55101-1062 and must be received at their office prior to 12:00 p.m. Central Time on December 17, 1985, at which time the bids will be opened and tabulated. RATES All rates and combination of rates must be in integral multiples of 1/20th of 1 percent and may not exceed the maximum statutory rate per annum provided by law. No limitation is placed on the number of rates which may be used. All bonds of a single maturity shall bear a uniform basic rate of interest from the date of issue until paid and the basic rate of interest payable on each bond of the issue must not exceed the basic rate of interest payable on other bonds of the same or subsequent maturities.