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STATE OF MINNESOTA COUNTY AUDITOR'S CERTIFICATE <br />� <br />� <br />� <br />COUNTY OF CROW WING <br />AS TO REGISTRATION <br />I, the undersigned, being the duly qualified and acting County Auditor of Crow Wing <br />County, Minnesota, DO HEREBY CERTIFY that on the date hereof, there was filed in my office <br />a certified copy of a resolution adopted on July 10, 2012, by the City Council of the City of <br />Pequot Lakes, Minnesota, authorizing the issuance of $1,270,000 General Obligation Utility <br />Refunding Bonds, Series 2012A (the "Bonds") and the Bonds have been entered in my Bond <br />Register. <br />WITNESS my hand and the seal of the County Auditor on <br />(SEAL) <br />4767714v1 <br />County Auditor <br />, 2012. <br />