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Alternative Solutions Available <br /> to City of Ramsey <br />to Minimize Risks Associated~with <br /> Special Assessment Defaul~ <br /> <br />4. <br /> <br />Debt service reserve fund (from bond proceeds) <br /> <br />Cash escrow from developer. <br /> <br />Letter of credit to guarantee all or a portion of special <br /> assessments. ~ <br /> <br />Letter of credit to guarantee payment on debt service on <br /> revenue bonds. <br /> <br />Refinance debf' ~ <br /> <br />Levy property taxes <br /> <br />July 21, 1983 <br /> <br /> <br />