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Tab 15 Certificate of Registrar$4952%000 City of Kalispell, Montana Special Improvement District No. 344 Bonds Series 2006 June 29, 2006 Certificate of Registrar On behalf of U.S. Bank National Association, acting in its capacity as Bond Registrar (the "Registrar") in connection with the 'issuance of the Special Improvement District No. 344 Bonds, Series 2006 (the "Bonds"), in the original aggregate principal amount of $4,520,000, of City of Kalispell, Montana (the "City"), the undersigned duly authorized, officer of the Registrar hereby certifies that the Certificate of Authentication on each of the Bonds, numbered No. R-1 upwards, has been manually executed by one of the authorized representatives of the Registrar as listed in as listed in the Registrar's list of authorized signatures attached as EXFHBIT A to this Certificate of Registrar. The CUSIP number for each maturity of the Bonds 'is as follows: Year of Matur 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 CUSIP Number 48342N AA 3 48342N AB I 48342N AC 9 48342N AD 7 48342N AE 5 48342N AF 2 48342N AG 0 48342N AH 8 48342N AJ 4 48342N AK I 48342N AL 9 48342N AM 7 48342N AN 5 48342N AP 0 48342N AQ 8 48342N AR 6 48342N AS.4 48342N AT 2 48342N AU 9 48342N AV 7 The Registrar hereby accepts 'its appointment by the City as registrar, transfer agent, authenticating agent and paying agent with respect to the Bonds. WITNESS.,, this Certificate of Registrar executed by the Authorized Official of U.S. Bank National Association as of the date and year first listed above. U.S. BANK NATIONAL ASSOCIATION By Its Vice President (Signature page to Certificate of Registrar with respect to the Series 2006 Bonds) S-1 KA225-1 (BWJ) 292813v. I EXHIBIT A REGISTRAR"S LIST OF AUTHORIZED SIGNATURES A- [M ank. Five Sr.-w Sez"ce Gua=teed Corporaite Trust Services 1420 Fifth Avenue 7th Floor PD-WA-T7CT Seattle, WA 98101 AUTHORIZED SIGNATURES I hereby certify that the following is a true and exact extract from Article VI of the Bylaws presently in effect for U.S. Bank National Association, a national banking association organized and existing under the laws of the United States: Article V1 CONVEYANCES, CONTRACTS, ETC. All transfers and conveyances of real estate, mortgages, and transfers, endorsements or assignments of stock, bonds, notes, debentures or other negotiable instruments, securities or personal property shall be signed by any elected or appointed officer. All checks,, drafts,, certificates of deposit and all funds of the Association held in its own or in a fiduciary capacity may be paid out by an order, draft or check bearing the manual or facsimile signature of any elected or appointed officer of the Association. All mortgage satisfactions, releases, all types of loan agreements, all routine transactional documents of the Association,, and all other instruments not specifically provided for, whether to be executed in a fiduciary capacity or otherwise, may be signed on behalf of the Association by any elected or appointed officer thereof The Secretary or any Assistant Secretary of the Association or other proper officer may execute and certify that required action or authority has been given or has taken place by resolution of the Board under this Bylaw without the necessity of further action by the Board. Ifurther certift that the following officers of U.S. Bank National Association have been duly elected and qualified and now hold their respective offices, and that the signatures of such officers are authentic: R. Bruce Colwell, Jr. Vice President Debby R. Wight Assistant Vice President Greg E. Skutnik Assistant Vice President Sherrie L. Pantle --Vice President Carolyn Whalen Vice President Deborah Kuykendall Vice President IN WITNESS WHEREOF, I have hereunto set my hand this 2.41 day of 2006. U.S. BANK NATIONAL ASSOCIATION, By: ------ Vice President