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EXHIBIT 6 <br />Bank Qualification And Arbitrage Rebate <br />U.S. Bancorp Government Leasing and Finance, Inc. <br />13010 SW 68th Parkway, Suite 100 <br />Portland, OR 97223 <br />Re: Property Schedule No. 1 to Master Tax -Exempt Installment Purchase Agreement between U.S. Bancorp <br />Government Leasing and Finance, Inc. and City of Everett <br />PLEASE CHECK EITHER: <br />Bank Qualified Tax -Exempt Obligation under Section 265 <br />Purchaser hereby designates this Property Schedule as a "qualified tax-exempt obligation" as defined in <br />Section 265(b)(3)(B) of the Code. Purchaser reasonably anticipates issuing tax-exempt obligations (excluding private activity <br />bonds other than qualified 501(c)(3) bonds and including all tax-exempt obligations of subordinate entities of the Purchaser) <br />during the calendar year in which the Commencement Date of this Property Schedule falls, in an amount not exceeding <br />$10,000,000. <br />or <br />Not applicable. <br />Arbitrage Rebate <br />Eighteen Month Exception: <br />Pursuant to Treasury Regulations Section 1.148-7(d), the gross proceeds of this Property Schedule will be expended <br />for the governmental purposes for which this Property Schedule was entered into, as follows: at least 15% within six months <br />after the Commencement Date, at least 60% within 12 months after the Commencement Date, and 100% within 18 months <br />after the Commencement Date. If Purchaser is unable to comply with Section 1.148-7(d) of the Treasury Regulations, <br />Purchaser shall compute rebatable arbitrage on this Agreement and pay rebatable arbitrage to the United States at least once <br />every five years, and within 60 days after payment of the final Lease Payment due under this Agreement. <br />met. <br />Consult tax counsel if there is any chance that the Eighteen Month Exception will not be <br />Purchaser: City of Everett <br />FraiM <br />Title: <br />75 <br />