Resolution 2025-035 - Resolution Authorizing a Loan Agreement, providing the Issuance of $5,350,000

IN TESTIMONY WHEREOF, the City of Tiffin, Iowa, by its City Council, has caused this Bond to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk, as of April 24, 2025. CITY OF TIFFIN, IOWA By (DO NOT SIGN) ____________________________ Mayor Attest: (DO NOT SIGN) ____________________________ City Clerk Registration Date: (April 24, 2025) REGISTRAR'S CERTIFICATE OF AUTHENTICATION This Bond is one of the Bonds described in the within-mentioned Resolution. UMB Bank, n.a. West Des Moines, Iowa Registrar By (Authorized Signature) ____________________________ Authorized Officer STATEMENT OF INSURANCE Assured Guaranty Inc. ("AG"), has delivered its municipal bond insurance policy (the "Policy") with respect to the scheduled payments due of principal of and interest on this Bond to UMB Bank, n.a., West Des Moines, Iowa, or its successor, as paying agent for the Bonds (the "Paying Agent"). Said Policy is on file and available for inspection at the principal office of the Paying Agent and a copy thereof may be obtained from AG or the Paying Agent. All payments required to be made under the Policy shall be made in accordance with the provisions thereof. The owner of this Bond acknowledges and consents to the subrogation rights of AG as more fully set forth in the Policy. ABBREVIATIONS The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or regulations: TEN COM - as tenants in common TEN ENT - as tenants by the entireties JT TEN - as joint tenants with right of survivorship and not as tenants in common UTMA ____________________________ (Custodian) As Custodian for ____________________________ (Minor) under Uniform Transfers to Minors Act (State) Additional abbreviations may also be used though not in the list above.