c. Resolution/Shanley MIDA Bnd - Laserfiche WebLink

on September 17, 201 I, the unpaid principal and interest due on this Bond shall be paid. Principal and interest shall be paid to the registered Holder hereof in lawful money of the United States at the office of Wells Fargo Brokerage Services, LLC, Minneapolis, Minnesota (the "Paying Agent"), or a successor appointed under the Bond Resolution. The "Remarketing Agent" is Wells Fargo Brokerage Services, LLC, Minneapolis, Minnesota, or its duly appointed successor. The Bonds in any authorized denomination shall be purchased (an "Optional Tender Purchase") from the Holder thereof at a Purchase Price equal to par, plus accrued and unpaid interest, upon (a) delivery by 5:00 p.m. Minneapolis, Minnesota time on any Business Day of written notice (or telephonic or oral notice promptly confirmed in writing) to the Paying Agent at its Principal Office of an irrevocable request (the "Optional Tender Notice") by such Holder, which request shall identify (i) the aggregate principal amount, Series designation and the certificate numbers of the Bonds to be purchased, and (ii) a Business Day (the "Optional Tender Date") no earlier than the seventh calendar day after such notice is given on which such purchase is to be made; and (b) delivery to the Paying Agent as Tender Agent at its Principal Office at or prior to 10:00 a.m., Minneapolis, Minnesota time, on the Optional Tender Date, of the Bonds to be purchased, together with an appropriate endorsement for transfer, or accompanied by a bond power endorsed in blank. Notwithstanding the foregoing, any Tendered Bond not delivered as required by the preceding clause (b) may, with the consent of the Company, Guarantor and Remarketing Agent, nevertheless be deemed to have been purchased on the Optional Tender Date (to the extent amounts are held by the Tender Agent and are available to pay the Purchase Pr/ce). This Bond is issued pursuant to the North Dakota Municipal Industrial Development Act of 1955, Chapter 40-57, North Dakota Century Code (the "Act"), and in conformity with the provisions, restrictions and limitations thereof. This Bond does not represent a debt or pledge the faith or credit of the County or grant to the Holder of this Bond any right to have the County levy any taxes or appropriate any funds for the payment of the principal hereof or interest hereon, nor is this Bond a general obligation of the County or an obligation of the individual officers or agents thereof. This Bond and interest hereon are payable solely and only out of the payments, revenues and other income, charges and moneys to be produced and received from Company pursuant to the Lease Agreement hereinafter mentioned. This Bond has been designated by the County as a "qualified tax-exempt obligation" pursuant to Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. This Bond represents an authorized series of special obligation Bonds in an aggregate principal amount of $3,500,000, which have been authorized by la~v to be issued and have been issued for the purpose of financing the construction of a high school and middle school located at 52nd Avenue South and 25th Street South, Fargo, North Dakota. Only those parts of the facility not used for religious instruction or services will be financed with bond proceeds (the "Project"). The Project will be leased to the Diocese of Fargo, a North Dakota nonprofit corporation (the "Company"), by the County pursuant to a Lease Agreement (the "Lease Agreement") between the A-2