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<br />EXHIBIT A <br /> <br />THE CITY HAS AUTHORIZED BAKER TILLY MUNICIPAL ADVISORS, LLC TO <br />NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE <br />FOLLOWING BASIS: <br />TERMS OF PROPOSAL <br /> <br />$33,735,000* <br /> <br />CITY OF ELK RIVER, MINNESOTA <br /> <br />GENERAL OBLIGATION SALES TAX REVENUE BONDS, SERIES 2019A <br /> <br /> (BOOK ENTRY ONLY) <br /> <br />Proposals for the above-referenced obligations (the “Bonds”) will be received by the City of Elk <br />River, Minnesota (the “City”) on Monday, August 19, 2019 (the “Sale Date”) until 11:00 A.M., <br />Central Time at the offices of Baker Tilly Municipal Advisors, LLC (“Baker Tilly MA”), 380 Jackson <br />Street, Suite 300, Saint Paul, Minnesota, 55101, after which time proposals will be opened and <br />tabulated. Consideration for award of the Bonds will be by the City Council at its meeting <br />commencing at 6:00 P.M., Central Time, of the same day. <br /> <br />SUBMISSION OF PROPOSALS <br /> <br />Baker Tilly MA will assume no liability for the inability of a bidder to reach Baker Tilly MA prior to <br />the time of sale specified above. All bidders are advised that each proposal shall be deemed to <br />constitute a contract between the bidder and the City to purchase the Bonds regardless of the <br />manner in which the proposal is submitted. <br /> <br />(a) Sealed Bidding. Proposals may be submitted in a sealed envelope or by fax (651) 223-3046 to <br />Baker Tilly MA. Signed proposals, without final price or coupons, may be submitted to Baker Tilly <br />MA prior to the time of sale. The bidder shall be responsible for submitting to Baker Tilly MA the <br />final proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion <br />in the submitted proposal. <br /> <br />OR <br /> <br />(b) Electronic Bidding. Notice is hereby given that electronic proposals will be received via <br />®® <br />PARITY. For purposes of the electronic bidding process, the time as maintained by PARITY <br />® <br />shall constitute the official time with respect to all proposals submitted to PARITY. Each bidder <br />® <br />shall be solely responsible for making necessary arrangements to access PARITY for purposes of submitting its <br />electronic proposal in a timely manner and in compliance with the requirements of the Terms of Proposal. Neither <br />® <br />the City, its agents, nor PARITY shall have any duty or obligation to undertake registration to bid <br />for any prospective bidder or to provide or ensure electronic access to any qualified prospective <br />® <br />bidder, and neither the City, its agents, nor PARITY shall be responsible for a bidder’s failure to <br />register to bid or for any failure in the proper operation of, or have any liability for any delays or <br />® <br />interruptions of or any damages caused by the services of PARITY. The City is using the services <br />* Preliminary; subject to change. <br />A-1 <br />589683v1EL185-44 <br /> <br />