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<br />1, I <br /> <br />EXHIBIT A <br /> <br />DECLARATION OF OlfFICIAL INTENT <br /> <br />i <br /> <br />The undersigned, being the du1y appointed ap.d acting Finance Director of the City of New <br />Brighton, Minnesota (the "City"), hereby certifies as follows: <br /> <br />1. By Resolution No. _' the City Council of the City authorized me to execute this <br />DeJ:1laration of Official Intent ("Declaration") on behalf of the City for the purposes of Treas. Reg. <br />S l,JSO-2 (the "Reimbursement Regulations"). <br /> <br />2. <br />as follows: <br /> <br />The City proposes to undertake certain projects (the "Projects") generally described <br /> <br />3. The City reasonably expects to reimburse the expenditures made for costs of the <br />Projects from the proceeds of bonds in an estimated maximum principal amount of$ <br />All reimbursed expenditures will be capital expenditures, costs of issuance of the bonds, or other <br />exp~nditures eligible for reimbursement under Section 1.150-2(d)(3) of the Reimbursement <br />Regulations. <br /> <br />4. This Declaration has been made not later than 60 days after payment of any <br />original expenditure to be subject to a reimbursement allocation with respect to the proceeds of <br />bol1Qs. <br /> <br />5. This Declaration is an expression of the reasonable expectations of the City based <br />on the facts and circumstances known to the City as of the date hereof. The anticipated original <br />expenditures for the Projects and the principal amount of the bonds described in paragraph 3 are <br />conSistent with the City's budgetary and financial circumstances. No sources other than proceeds <br />of bonds to be issued by the City are, or are reasonably expected to be, reserved, allocated on a <br />longrterm basis, or otherwise set aside pursuant to the City's budget or financial policies to pay <br />such Project expenditures. <br />SJB-l~8366vl <br />NEI:l6-26 <br />