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Joint Exercise of Powers Agreement Relating to the Public Finance Authority, dated September 28, 2010 (the "Joint Exercise Agreement"), and Section 66.0304(11)(a)of the Act. 1.05. Section 147(f) of the Code and regulations promulgated thereunder require that prior to the issuance of the Bonds, the City Council of the City (the "City Council") consent to the issuance of the Bonds by the Authority after conducting a public hearing thereon preceded by publication of a notice of public hearing (in the form required by Section 147(f)of the Code and applicable regulations) in a newspaper of general circulation within the City at least fourteen(14) days prior to the public hearing date. 1.06. A notice of public hearing(the "Public Notice") was published at least fourteen (14) days before the regularly scheduled meeting of the City Council on the date hereof in the Roseville Review, the official newspaper of and a newspaper of general circulation in the City,with respect to the required public hearing under Section 147(f)of the Code. 1.07. On the date hereof,the City Council conducted a public hearing at which a reasonable opportunity was provided for interested individuals to express their views, both orally and in writing, on providing consent to the issuance of the Bonds by the Authority pursuant to the requirements of Section 147(f) of the Code and the regulations promulgated thereunder. Section 2. Approvals. 2.01. The City Council finds that it is in the best interest of the City to approve the issuance of the Bonds by the Authority to finance and refinance the Project and hereby consents to the issuance of the Bonds by the Authority for the purposes set forth above in an approximate aggregate principal amount not to exceed $25,500,000. It is the purpose and intent of the City Council that this resolution constitute approval by the City of the issuance of the Bonds,as the governmental unit having jurisdiction over the area in which the Project is located, in accordance with Section 66.0304(11)(a) of the Act, Section 4 of the Joint Exercise Agreement, and Section 147(f)of the Code. 2.02. The Mayor and City Manager and other officers, employees, and agents of the City are hereby authorized and directed to prepare and furnish to the Issuer, Kennedy& Graven, Chartered, as bond counsel with respect to the Bonds, and the original purchasers of the Bonds certified copies of all proceedings and records of the City relating to the approval of the issuance of the Bonds, including a certification of this resolution. 2.03. The Mayor and the City Manager are hereby authorized and directed to execute and deliver any documents deemed necessary to fulfill the intentions of this resolution. 2.04. The Borrower will, upon demand, reimburse the City for costs paid or incurred by the City in connection with this resolution. 2.05. This resolution shall be in full force and effect from and after its passage. Approved by the City Council of the City of Roseville,Minnesota this 11`h day of February,2019. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Laliberte and upon vote being taken thereon, the following voted in favor thereof: Laliberte, Willmus, Groff and Roe and the following voted against the same: none. Approved by the City Council of the City of Roseville, Minnesota this 11th day of February, 2019. WHEREUPON said resolution was declared duly passed and adopted. Page 2 of 3