c. Resolution/Shanley MIDA Bnd - Laserfiche WebLink

EXHIBIT A TO BOND RESOLUTION (Form of Bond) NO. R-1 UNITED STATES OF AMERICA STATE OF NORTH DAKOTA COUNTY OF CASS $3,500,000 SCHOOL FACILITY REVENUE BOND (SHANLEY HIGH SCHOOL PROJECT) SERIES 2002 Initial Interest Rate Variable Final Maturity Date of Original Issue June 1, 2002 REGISTERED HOLDER: WELLS FARGO BROKERAGE SERVICES, LLC PRINCIPAL AMOUNT: THREE MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS Cass County, a political subdivision of the State of North Dakota (the "County"), for value received, hereby promises to pay, but solely from the source and in the manner hereinafter provided, to the registered Holder specified above or registered assigns the outstanding and unpaid balance of the principal amount set forth above on the final maturity date specified above upon the presentation and surrender hereof, and to make prepayments of said principal sum in quarterly installments on January 1, April 1, July 1 and October 1 of each year commencing on October 1, 2002, as set forth on the payment schedule attached hereto, and to pay to the Holder hereof interest on the outstanding and unpaid balance of such principal sum from the date hereof until , at the initial interest rate of__ per annum. Pursuant to the terms ofa Remarketing Agreement, dated as of June 1, 2002, between the County and the Remarketing Agent, the Remarketing Agent shall, on December 15, March 15, June 15 and September 15, commencing on September 15, 2002 (the "Determination Dates"), determine the Variable Rate which shall become effective on each January 1 for each December 15 Determination Date, April 1 for each March 15 Detenuination Date, July 1 for each June 15 Determination Date, and October 1 for each September 15 Determination Date (the "Adjustment Dates"). The Variable Rate shall be equal to the three month LIBOR rate plus 35 basis points as of each Determination Date, provided that such Variable Rate shall not exceed __% per annum. If, in the judgment of the Remarketing Agent (having due regard to prevailing market conditions), such Variable Rate would not permit the Bonds to be remarketed at par on the Adjustment Date, the Remarketing Agent shall determine the Variable Rate on such Adjustment Date to be such rate as would permit the Bonds to be remarketed at par on such Adjustment Date; provided that such Variable Rate shall not exceed __% per annum. Payments shall be applied first to accrued but unpaid interest and second, to unpaid principal of this Bond; and A-1