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City of Ramsev <br />July 15. 1993 <br /> <br />Page 3 <br /> <br /> Estimated <br />Audit Staff Hours Rate Extension <br /> <br />Kenneth Malloy, Principal 20 $ 75 $ 1,500 <br />Manager 20 65 1.300 <br />Senior ] 40 52 7.280 <br />Staff Accountant 100 40 4.000 <br />Clerical 20 25 500 <br /> <br />300 $ 14.580 <br /> <br />if you intend to publish or otherwise reproduce tile financial statements and make reference to our Firm <br />name, you agree to provide us with printers' proofs or masters for our review and approval before <br />printing. You also agree to provide us with a cop>, of the final reproduced material for our approval <br />before it is distributed. <br /> <br />We appreciate the opportunity to be of service to the CJI'3, of Ramsey and believe this letter accurately <br />summarizes the significant terms of our engagement. If you have an3' questions, please let us k. now. If <br />you agree with the terms of our engagement as described in this letter, please sign the enclosed cop), and <br />return it to us. <br /> <br />Sincerely, <br /> <br />MALLOY, KARNOWSKi, RADOSEVICH & CO., P.A. <br /> <br />Kenneth W. Malloy, CPA <br />Principal <br /> <br />K-WM:rlp <br /> <br />Response: <br /> <br />This letter correctly sets forth the understanding of <br />the City of Ramsey <br /> <br />Title: <br /> <br />Date: <br /> <br /> <br />