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EXHIBIT A TERMS OF PROPOSAL $9,700,000 CITY OF ROSEVILLE, MINNESOTA GENERAL OBLIGATION MUNICIPAL BUILDING BONDS, SERIES 2003A (BOOK ENTRY ONLY) Proposals for the Bonds will be received on Monday, February 10, 2003, until 11 :00 A.M., Central Time, at the offices of Springsted Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota, after which time they will be opened and tabulated. Consideration for award of the Bonds will be by the City Council at 6:00 P.M., Central Time, of the same day. SUBMISSION OF PROPOSALS Springsted will assume no liability for the inability of the bidder to reach Springsted prior to the time of sale specified above. All bidders are advised that each Proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner in which the Proposal is submitted. (a) Sealed Biddine:. Proposals maybe submitted in a sealed envelope or by fax (651) 223- 3046 to Springsted. Signed Proposals, without final price or coupons, may be submitted to Springsted prior to the time of sale. The bidder shall be responsible for submitting to Springsted the final Proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion in the submitted Proposal. OR (b) Electronic Biddine:. Notice is hereby given that electronic proposals will be received via P ARITY®. For purposes of the electronic bidding process, the time as maintained by P ARITY® shall constitute the official time with respect to all Bids submitted to P ARITY®. Each bidder shall be solely responsible for making necessary arrangements to access P ARITY® for purposes of submitting its electronic Bid in a timely manner and in compliance with the requirements of the Notice of Sale. Neither the City, its agents nor P ARITY® shall have any duty or obligation to undertake registration to bid for any prospective bidder or to provide or ensure electronic access to any qualified prospective bidder, and neither the City, its agents nor P ARITY® shall be responsible for a bidder's failure to register to bid or for any failure in the proper operation of, or have any liability for any delays or interruptions of or any damages caused by the services ofPARITY®. The City is using the services ofPARITY® solely as a communication mechanism to conduct the electronic bidding for the Bonds, and P ARITY® is not an agent of the City. 1 486062vl A-I