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<br />EXHIBIT A TO NOTE R-2
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<br />NOTE PAYMENT SCHEDULE
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<br />
<br />Payment Date Interest Principal Total
<br />6/15/2007 145,021.47 181,790.35 326,811,82
<br />12/15/2007 139,611.25 187,200.57 326,811.82
<br />6/15/2008 134,040.01 192,771.81 326,811.82
<br />12/15/2008 128,302.97 198,508.85 326,811,82
<br />6/15/2009 122,395.19 204,416,63 326,811.82
<br />12/15/2009 116,311.60 210,500.22 326,811.82
<br />6/1512010 110,046.95 216,764.87 326,811.82
<br />12/15/2010 103,595.85 223,215.97 326,811.82
<br />6/15/2011 96,952.77 229,859,05 326,811.82
<br />12/15/2011 90,111.99 236,699.83 326,811.82
<br />6/15/2012 83,067.62 243,744.20 326,811.82
<br />12/1512012 75,813.60 250,998.22 326,811.82
<br />6/15/2013 68,343.70 258,468.12 326,811.82
<br />12/15/2013 60,651.49 266,160.33 326,811.82
<br />6/15/2014 52,730.35 274,081.47 326,811.82
<br />12/15/2014 44,573.47 282,238.35 326,811.82
<br />6/1512015 36,173.84 290,637.98 326,811.82
<br />12/15/2015 27,524.22 299,287.60 326,811.82
<br />6/15/2016 18,617.19 308,194.63 326,811.82
<br />12/15/2016 9,445.08 I 317,366.74 326,811,82
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<br />3.02. The City Manager is directed to obtain a copy of the proposed approving legal
<br />opinion of Kennedy & Graven, Chartered, Minneapolis, Minnesota, which is to be complete
<br />except as to dating thereof and to cause the opinion to be printed on or accompany each Note.
<br />
<br />Section 4.
<br />
<br />Payment: Security: Pledges and Covenants.
<br />
<br />4.01. (a) The Notes are payable from the General Obligation Tax Increment Notes,
<br />Series 2006B Debt Service Fund (the "Debt Service Fund") hereby created. Within the Debt
<br />Service Fund, the City will maintain a Note Subaccount and a Reserve Subaccount. The City
<br />hereby pledges to the Note Subaccount of the Debt Service Fund (i) the tax increments derived
<br />from the TIF Districts and received by the City, in an amount that, excluding other funds
<br />deposited in the Debt Service Fund, equals at least 20 percent of the principal and interest due on
<br />the Notes from time to time (the "Pledged Tax Increment"), and (ii) the taxes levied under
<br />Section 4,02 hereof ("Taxes"). Notwithstanding anything to the contrary herein, Pledged Tax
<br />Increment includes only tax increment as defined in Minnesota Statutes, Section 469.174, subd.
<br />25, clause (1). If a payment of principal or interest on the Notes becomes due when there is not
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<br />302227v3 518 NE136-163
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<br />JO
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