1. MIDA Bond-Essentia Health - Laserfiche WebLink

NOW, THEREFORE, the County and the Cities hereby agree as follows: 1. Essentia Health, a Minnesota nonprofit corporation ("Borrower"), has requested that the County issue its revenue bonds, in one or more series (the "Bonds") in the aggregate principal amount not to exceed $145,000,000 under the provisions of the Act to (i) finance or refinance the acquisition of certain assets of Dakota Clinic, Ltd., Medical Properties, Inc. and Dakota Specialty Institute d/bla Innovis (such entities together, "DC/I") in connection with the affiliation of the Borrower with DCII and (ii) finance costs of issuance of the Bonds and any debt service reserve fund deposit established therefor. The assets the acquisition of which is expected to be financed or refinanced by the issuance of the Bonds (collectively, the "Project") are described as the following: a) an approximately 201,260 square foot clinic and equipment located therein owned by DCII and located at 1702 South University Drive, Fargo, North Dakota, in the County; b) an approximately 338,300 square foot hospital building and equipment located therein owned by DCII and located at 3000 32nd Avenue South, Fargo, North Dakota, in the County (the "Hospital Building"); c) equipment located at clinics leased to DCII and located at 3902 13th Avenue South, 2710 North Broadway and in the Hospital Building, each in Fargo, North Dakota, in the County; d) an approximately 28,749 square foot clinic and equipment located therein owned by DCII and located at 401 3rd Street, Jamestown, North Dakota; e) an approximately 9,950 square foot clinic and equipment located therein owned by DCII and located at 132 4th Ave. NE, Valley City, North Dakota; f) an approximately 41,775 square foot clinic and equipment located therein owned by DCII and located at 275 South 11 th, Wahpeton, North Dakota and g) equipment located at a clinic leased to DCII and located at 5 9th Avenue North, Casselton, North Dakota, in the County. 2. The Bonds shall be issued pursuant to the Act, the Joint Powers Act and the terms of one or more Indentures of Trust (the "Indenture") to be entered into between the County and the corporate trustee named therein. The proceeds of the Bonds will be loaned to the Borrower pursuant to one or more Loan Agreements (the "Loan Agreement") between the County and the Borrower. 3. Each of the Cities has approved the portion ofthe Project to be located within its boundaries and consented to the issuance of the Bonds by the County to provide financing thereof, after a public hearing as required by Section 147(f) ofthe Internal Revenue Code of 1986, as amended. The Cities shall not be parties to the Indenture, the Loan Agreement or any other document, other than this Agreement, in connection with the Bonds, and shall have no obligation to any person with respect to the Indenture, the Loan Agreement or the Bonds. 2