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MUNICIPAL ADVISOR <br /> The City and the Commission have retained Springsted Incorporated, Public Sector Advisors, of Saint <br /> Paul, Minnesota("Springsted"), as municipal advisor in connection with certain aspects of the issuance of <br /> the Bonds and, in that capacity, Springsted has assisted the City and the Commission in preparing this <br /> Official Statement. The information contained herein is derived from governmental officials and other <br /> sources who have access to relevant data to provide accurate information for this Official Statement. <br /> Springsted makes no representation, warranty or guarantee regarding the accuracy or completeness of the <br /> information in this Official Statement, and its assistance in preparing this Official Statement should not be <br /> construed as a representation that it has independently verified such information. Springsted is an <br /> independent advisory firm, registered as a municipal advisor, and is not engaged in the business of <br /> underwriting,trading or distributing municipal securities or other public securities. <br /> Spr'ngsted is under common ownership with Springsted Investment Advisors, Inc. ("SIA"), an investment <br /> adv ser registered in the states where services are provided. SIA may provide investment advisory <br /> se ices to the Issuer from time to time in connection with the investment of proceeds from the Bonds as <br /> wel as advice with respect to portfolio management and investment policies for the Issuer. SIA pays <br /> Spr'ngsted,as municipal advisor, a referral fee from the fees paid to SIA by the Issuer. <br /> CERTIFICATION <br /> The City and the Commission have authorized the distribution of the Preliminary Official Statement for <br /> use in connection with the initial sale of the Bonds and a Final Official Statement following award of the <br /> Bo ds. The Purchaser will be furnished with a certificate signed by the appropriate officers of the Issuer <br /> stafng that the Issuer examined each document and that, as of the respective date of each document and <br /> the 'ate of such certificate, each document did not and does not contain any untrue statement of material <br /> fact or omit to state a material fact necessary, in order to make the statements made therein, in light of the <br /> circ mstances under which they were made, not misleading. <br /> -24- <br /> 33 <br />