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<br />EXHIBIT A <br />THECITYHAS AUTHORIZED BAKER TILLY MUNICIPAL ADVISORS, LLCTO <br />NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE <br />FOLLOWING BASIS: <br />TERMS OF PROPOSAL <br />$14,460,000* <br />CITY OF ELK RIVER, MINNESOTA <br />ELECTRIC REVENUE BONDS, SERIES 2021B <br />(BOOK ENTRY ONLY) <br />Proposals for theabove-referenced Bonds (theBondswill be receivedbythe City of Elk River, <br />MinnesotaCityonTuesday, April 13, 2021until 10:30 A.M., Central Time(the <br />atthe offices ofBaker Tilly Municipal Advisors, LLC(Baker Tilly MA,380Jackson <br />Street, Suite300, Saint Paul, Minnesota,55101,after which time proposalswill be opened and tabulated. <br />Consideration for award of the Bonds will be by the Utilities Commission(theat its <br />meeting commencing at 3:30 P.M., Central Time, of the same day. <br />SUBMISSION OF PROPOSALS <br />Baker Tilly MAwill assume no liability for the inability of abidderor its proposalto reach Baker Tilly <br />MAprior to the Sale Time, and neitherthe Citynor Baker Tilly MA shall be responsible for any failure, <br />misdirection or error in the means of transmission selected by any bidder. All bidders are advised that <br />each proposalshall be deemed to constitute a contract between the bidder and theCityto purchase the <br />Bonds regardless of the manner in which the proposalis submitted. <br />(a) Sealed Bidding.Completed, signed proposals may be submittedto Baker Tilly MAby email to <br />bondservice@bakertilly.comor by fax (651)223-3046, and must be received prior to the Sale Time. <br />OR <br />® <br />(b) Electronic Bidding.Proposals may also be received via PARITY. For purposes of the electronic <br />® <br />bidding process, the time as maintained by PARITYshall constitutethe official time with respect to all <br />® <br />proposalssubmitted to PARITY. Each bidder shall be solely responsible for making necessary <br />® <br />arrangements to access PARITYfor purposes of submitting its electronic proposalin a timely manner <br />and in compliance withthe requirements of the Terms of Proposal. Neither the City, its agents,nor <br />® <br />PARITYshall have any duty or Bondto undertake registration to bid for any prospective bidder or to <br />provide or ensure electronic access to any qualified prospective bidder, and neither the City, its agents, <br />® <br />nor PARITY <br />operation of, or have any liability for any delays or interruptions of or any damages caused by the services <br />®® <br />of PARITY.TheCityis using the services of PARITYsolely as a communication mechanism to <br />® <br />conduct the electronic bidding for the Bonds, and PARITYis not an agent ofthe City. <br />® <br />If any provisions of thisTerms of Proposal conflictwith information provided byPARITY, this Terms <br />® <br />of Proposal shall control. Further information about PARITY, including any fee charged, may be <br />obtained from: <br />®nd <br />PARITY, 1359 Broadway, 2Floor, New York, New York 10018 <br />Customer Support: (212) 849-5000 <br />*Preliminary; subject to change. <br />Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. <br />Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate <br />and independent legal entities. © 2021 Baker Tilly Municipal Advisors, LLC. <br />A-1 <br />EL185-68-699669.v1 <br />341 <br />