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2008_0609_packet
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EXHIBIT A <br />Declaration of Official Intent <br />The undersigned, being the duly appointed and acting Finance Director of the City of Roseville, <br />Minnesota (the "City "), pursuant to and for purposes of compliance With Treasury Regulations, Section <br />1.150 -2 (the "Regulations "), under the Internal Revenue Code of 1956, as amended, hereby states and <br />certifies on behalf of the City as follows: <br />1. The undersigned has been and is on the date hereof duly authorized by the City Council <br />of the City to make and execute this Declaration of official Intent (the "Declaration ") for and on behalf <br />of the City. <br />2. This Declaration relates to the following project, property or program (the "Project ") and <br />the costs thereof to be financed: <br />Renovation of the City's ice arena equipment to include replacement of the refrigeration system, <br />including piping and flooring, and replacement of the dasher boards. <br />3. The City reasonably expects to reimburse itself for the payment of certain costs of the <br />Project out of the proceeds of a bond issue or similar borrowing (the "Bonds ") to be issued after the <br />date of payment of such costs. As of the date hereof, the City reasonably expects that <br />$ is the maximum principal amount of the Bonds which will be issued to finance <br />the Project. <br />4. Each expenditure to be reimbursed from the Bonds is or will be a capital expenditure or <br />a cost of issuance, or any of the other types of expenditures described in Section 1.150- 2(d)(3) of the <br />Regulations. <br />5. As of the date hereof, the statements and expectations contained in this Declaration are <br />believed to be reasonable and accurate. <br />Date: June 9, 2005. <br />Christopher K. Miller <br />Finance Director <br />City of Roseville, Minnesota <br />Page 6 of 6 <br />
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