Resolutions-2024-031

Tiffin / 436989- 43 / GO CP Bonds Iss transfer satisfactory to the Registrar or the assignment form hereon completed and duly executed by the registered owner or the duly authorized attorney for such registered owner. The City, the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the City, the Registrar and the Paying Agent shall not be affected by any notice to the contrary. And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa, to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations. 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 May 30, 2024. CITY OF TIFFIN, IOWA By ( DO NOT SIGN) Mayor Attest: DO NOT SIGN) City Clerk Registration Date: ( May 30, 2024) S REGISTRAR' 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 Municipal Corp. (" AGM"),New York, New York, 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 AGM 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 AGM as more fully set forth in the Policy. 7- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA