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EXHIBIT A <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 /> $1,750,000* <br /> CITY OF ELK RIVER,MINNESOTA <br /> GENERAL OBLIGATION WATER UTILITY REVENUE BONDS,SERIES 2021C <br /> (BOOK ENTRY ONLY) <br /> Proposals for the above-referenced obligations(the"Series 2021C Bonds")will be received by the City of <br /> Elk River, Minnesota(the"City")on Tuesday, May 11, 2021 (the "Sale Date") until 10:30 A.M., Central <br /> Time (the "Sale Time") at the offices of Baker Tilly Municipal Advisors, LLC ("Baker Tilly MA"), <br /> 380 Jackson Street, Suite 300, Saint Paul, Minnesota, 55101, after which time proposals will be opened <br /> and tabulated. Consideration for award of the Series 2021 C Bonds will be by the Utilities Commission <br /> (the"Commission")at its meeting commencing at 3:30 P.M.,Central Time,of the same day. <br /> SUBMISSION OF PROPOSALS <br /> Baker Tilly MA will assume no liability for the inability of a bidder or its proposal to reach Baker Tilly <br /> MA prior to the Sale Time, and neither the City nor 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 proposal shall be deemed to constitute a contract between the bidder and the City to purchase the <br /> Series 2021C Bonds regardless of the manner in which the proposal is submitted. <br /> (a) Sealed Bidding. Completed, signed proposals may be submitted to Baker Tilly MA by email to <br /> bondserviceia,,bakertilly.com or by fax(651)223-3046,and must be received prior to the Sale Time. <br /> OR <br /> (b) Electronic Bidding. Proposals may also be received via PARITY®. For purposes of the electronic <br /> bidding process, the time as maintained by PARITY® shall constitute the official time with respect to all <br /> proposals submitted to PARITY®. Each bidder shall be solely responsible for making necessary <br /> arrangements to access PARITY®for purposes of submitting its electronic proposal in a timely manner <br /> and in compliance with the requirements of the Terms of Proposal. Neither the City, its agents, nor <br /> PARITY®shall have any duty or obligation to undertake registration to bid for any prospective bidder or <br /> to provide or ensure electronic access to any qualified prospective bidder, and neither the City, its agents, <br /> nor PARITY® shall be responsible for a bidder's failure to register to bid or for any failure in the proper <br /> operation of,or have any liability for any delays or interruptions of or any damages caused by the services <br /> of PARITY®. The City is using the services of PARITY® solely as a communication mechanism to <br /> conduct the electronic bidding for the Series 2021 C Bonds, and PARITY®is not an agent of the City. <br /> If any provisions of this Terms of Proposal conflict with information provided by PARITY®, this Terms <br /> of Proposal shall control. Further information about PARITY®, including any fee charged, may be <br /> obtained from: <br /> PARITY®, 1359 Broadway,2' Floor,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 />