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Tab 22 Certificate of Bond Registrar$100,000 Special Improvement District No. 341 Bonds City of Kalispell, Montana CERTIFICATE OF BOND REGISTRAR 1, the undersigned, being a duly qualified and acting Vice President of First Trust Company of Montana National Association, "in Billings, Montana, which 0 is designated as Bond Registrar under the resolution adopted by the City Council of the City of Kalispell, Montana (the City), on September 1, 1995, authorizing the issuance of the Bonds described above, do hereby certify that the Bond Registrar has received sixty (60) fully executed but unauthenticated Bonds of said issue. I further certify that on the date hereof the Bond Registrar has authenticated and delivered to D. A. Davidson & Co., in Great Falls, Montana (the Purchaser), $100,000 in aggregate principal amount of said Bonds maturing on July 1 in the years and amounts set forth below and bearing interest at the rates set forth below opposite such years and amounts: Principal Principal Year Amount Rate Year Amount Rate 1997 $5,000 4.40% 2005 $ 51000 5.50% 1998 51000 4.60 2006 5,1000 5.60 1999 5/000 4.75 2007 10"000 5.75 2000 5 1 000 4.90 2008 10,000 5.90 2001 5f000 5.00 2009 10,000 6.00 2002 5/000 5.10 2010 10'f000 6.10 2003 5tOOO 5.25 2011 10,000 6.20 2004 51000 5.40 I further certify that each and all of the Bonds so authenticated and delivered were registered, on the face thereof and also in the bond register maintained by the Bond Registrar, in the name of the owner thereof, as designated by the Purchaser. WITNESS my hand and the seal of the Bond Registrar this 26th day of September, 1995. FIRST TRUST COMPANY OF MONTANA NATIONAL ASSOCIATION, as Bond Registrar (SEAL) BV its