Resolutions-2015-074

May 21, 2015 Via Email Doug Boldt City Administrator/City Hall Tiffin, Iowa a Re: General Obligation Annual Appropriation Corporate Purpose Bonds, Series 2015A Our File No. 436989-13 Dear Doug: We have prepared and attach proceedings related to the approval of the Preliminary Official Statement (the “P.O.S.”) with respect to the marketing of the City’s General Obligation Annual Appropriation Corporate Purpose Bonds, Series 2015A by Northland Securities, Inc. The documents attached include the following items: 1. Minutes of the meeting covering the adoption of the resolution authorizing the use of the P.O.S. by Northland Securities, Inc. 2. Certificate attesting the transcript. Prior to the adoption of the resolution, you and the City Council should review the proposed P.O.S., which Northland Securities, Inc. is preparing, 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. It should be noted that, while we will review and comment on the portions of the document that are pertinent to our role as bond counsel, we will not engage in a full due diligence process to investigate the accuracy of financial data or any bond holder risks that are unknown to us. 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 us. Best regards, John P. Danos Attachments cc: Crystal Raiber Ashley Jay Platz Northland Securities, Inc. Diana VanVleet