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U <br />Official Statement. The City designates the Purchaser as its agent for purposes of distributing the Final <br />Official Statement to each syndicate member, if applicable. The Purchaser agrees that if its proposal is <br />accepted by the City, (i) it shall accept designation and (ii) it shall enter into a contractual relationship <br />with its syndicate members for purposes of assuring the receipt of the Final Official Statement by each <br />such syndicate member. <br />Dated March 9, 2021 <br />BY ORDER OF THE ELK RIVER MUNICIPAL <br />UTILITIES COMMISSION <br />/s/ Melissa Karpinski <br />Finance Manager <br />EL185-68-699667.v2 <br />A-6 <br />