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<br />B-1 <br /> <br /> <br />EXHIBIT B <br />NOTICE OF CALL FOR REDEMPTION <br /> <br />GENERAL OBLIGATION SEWER <br />REVENUE BONDS, SERIES 2014B <br />CITY OF ELK RIVER <br />SHERBURNE COUNTY, MINNESOTA <br /> <br /> <br /> NOTICE IS HEREBY GIVEN that, by order of the City Council of the City of Elk River, <br />Sherburne County, Minnesota, there have been called for redemption and prepayment on <br /> <br />February 1, 2022 <br /> <br />all outstanding bonds of the City designated as General Obligation Sewer Revenue Bonds, Series <br />2014B, dated, August 21, 2014, having stated maturity dates of February 1 in the years 2023 <br />through 2035, both inclusive, totaling $7,040,000 in principal amount, and with the following <br />CUSIP numbers: <br /> <br />Year of Maturity Amount CUSIP <br />2023 $455,000 287407 X88 <br />2024 465,000 287407 X96 <br />2025 480,000 287407 Y20 <br />2026 490,000 287407 Y38 <br />2027 500,000 287407 Y46 <br />2028 520,000 287407 Y53 <br />2029 530,000 287407 Y61 <br />2030 550,000 287407 Y79 <br />2034* 2,395,000 287407 Z37 <br />2035 655,000 287407 Z45 <br /> *Term Bond <br /> <br /> The bonds are being called at a price of par plus accrued interest to February 1, 2022, on <br />which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for <br />redemption are requested to present their bonds for payment at the main office of Wells Fargo <br />Bank, National Association, in the City of Chicago, Illinois, on or before February 1, 2022, at the <br />following address: <br /> <br />If by mail: If by hand or overnight: <br />U.S. Bank National Association <br />Corporate Trust Operations, 3rd Floor <br />P.O. Box 64111 <br />St. Paul, MN 55164-0111 <br />U.S. Bank National Association <br />60 Livingston Avenue <br />EP-MN-WS3C <br />Bond Drop Window, 1st Floor <br />St. Paul, MN 55107