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I <br /> I <br /> I <br />I <br />I <br />'1 <br /> <br />Mr. Ryan Schroeder <br />May 15, 1995 <br />Page 2 <br /> <br />Norwest has also a~ed our firm to provide it with an opinion that such Amendment does not <br />affect the tax-exem~t status of the Note. Accordingly, I have enclosed a form of that opinion <br />which is address to ~orwest and the City. <br /> <br />We consider this toi be a straight forward extension of the maturity which does not affect the <br />rights or obligation~ of the City of Ramsey. <br /> <br />Your assistance is appreciated. <br /> <br />After you have had ~e opportunity to review the enclosed documents, please call to confirm that <br />this matter can be placed on the agenda for the City Council's meeting on May 23, 1995. <br /> <br />Very truly yours, <br /> <br />WINTHROP & W~,INSTINE, P.A. <br />By- ~'O'~~" ~ <br /> Roger D. GOrdon <br /> <br />Enclosures <br /> <br />cc; <br /> <br />Ms. Cindy Erickson <br />Mr. David I~ennedy <br />Mr. Jon J. Floganson <br /> <br /> <br />