resolution · I-1

I-1 - Resolution 2021-005 - Authorizing use of Preliminary Official Statement - 2021A Refunding

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January 13, 2021 Via Email Doug Boldt City Administrator/City Hall Tiffin, Iowa Re: General Obligation Annual Appropriation Refunding Bonds, Series 2021A Our File No. 436989-32 Dear Doug: We have prepared and attach the necessary proceedings providing for the adoption of a resolution authorizing the use of a preliminary official statement (the “P.O.S.”) in connection with the sale of the Bonds for the January 19, 2021 City Council meeting. The proceedings attached include the following items: 1. Minutes of the meeting, followed by the resolution authorizing the P.O.S., approving its use by Northland Securities, Inc. 2. Attestation Certificate with respect to the validity of the transcript. Prior to the adoption of the resolution, you and the City Council should review the proposed P.O.S., which we are preparing as disclosure council, carefully for accuracy and to ensure that there are no important facts being left out of the document that might bear on potential risks to bond holders. In addition, the financial and operating data set forth as Appendix A to the P.O.S. (which Northland Securities, Inc. has worked with you to prepare) should be carefully reviewed for accuracy. As noted earlier, we are not reviewing the Appendix A data for accuracy. As soon as possible after the City Council meeting, please return one fully executed copy of all of the completed pages in these proceedings. If you have any questions, please contact Amy Bjork, Cheryl Ritter or me. Best regards, John P. Danos Attachments cc: Abigail Hora Northland Securities, Inc. Diana VanVleet

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