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Exhibit A NOTICE OF BOND SALE $1,975,000 GENERAL OBLIGATION IMPROVEMENT REFUNDING BONDS, SERIES 1993 CITY OF ROSEVILLE, RAMSEY COUNTY J MINNESOTA (Global Book Entry System) NOTICE IS HEREBY GIVEN that sealed bids for the purchase of the above bonds will be received until 12: 00 noon, C. T. on Monday, January 25, 1993 in the offices of the City Manager in City Hall, 2660 Civic Center Drive, Roseville, Minnesota, at which time the bids will be opened and tabulated for consideration by the City Council at a meeting at 7: 30 p. m. on the same day. The bonds are offered on the following terms. The bonds will be dated February 11, 1993, will bear interest payable semiannually on each March 1 and September 1, commencing September 1, 1993 and will mature on March 1 in the years and amounts as follows: Amount Year Amount Year $190,000 1994 $215,000 1998 195,000 1995 225,000 1999 200,000 1996 235,000 2000 205,000 1997 250,000 2001 260,000 2002 The City may elect on March 1, 1999 and on any date thereafter to redeem and prepay bonds of this issue in whole or in part, in inverse order of maturities and by lot within maturities, maturing on or after March 1, 2000 at a price of par plus accrued interest to date of redemption. Bidders must specify a price of not less than $1 ,945,375 plus accrued interest. A legal opinion on the bonds will be furnished by Holmes & Graven, Chartered, Minneapolis, Minnesota. The proceeds of the bonds will be used to refund the outstanding principal amount of certain general obligation bonds of the City. Bidders should be aware that the Official Statement to be distributed for the Bonds may contain additional bidding terms and information relative to the bonds. In the event of a variance between statements in this Notice of Bond Sale and the Official Statement bidders must comply with the terms of the latter. BY ORDER OF THE CITY COUNCIL I s I Steven R. Sarkozy Dated: December 14, 1992 DJXU317 RS2oo-10