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I <br /> I <br /> I <br /> I <br /> I <br />:1 <br /> I <br /> <br />LEFEVERE, LEFLER, KENNEDY, O'BRIEN & DRAWZ <br /> <br /> MINNEAPOLI_~, MINNESOTA 55402 <br /> <br />August 11, 1982 <br /> <br />I <br />I <br /> <br />Juran & Moody, Inc. <br />114 East 7th Street <br />St. Paul, Minnesota <br />Attn: Kathy Bahn <br /> <br />55101 <br /> <br />ira: <br /> <br />$565,000 General Obligation Improvement Bonds of 1982 <br />City of Ramsey, Minnesota <br />Our File No. B-2279 <br /> <br />Dear Ms. Bahn: <br /> <br /> I <br /> <br />:1 <br /> I <br /> I <br /> <br /> We propose to deliver the above bonds on Monday, August 16th. <br />The printed bonds were sent to you earlier. <br /> <br />We understand the settlement amount to be as follows: <br /> <br />Principal <br />Discount <br />Accrued Interest <br /> <br />$565,000.00 <br /> 7,970.00 <br /> 2,640.62 <br /> <br />Total <br /> <br />$559,670.62 <br /> <br /> The settlement is to be made by transfering the funds to the <br />First National Bank of Minneapolis for the account of the State <br />Bank of Anoka for the account of the City of Ramsey checking <br />account number 83-236-80 with advice of the transfer being given <br />to Mr. Frank Meier at 421-5460. <br /> <br /> On the 16th we will transmit to you customary closing papers <br />and 10 copies of our approving legal opinion. <br /> <br />I <br />I <br />i <br />I <br /> <br /> Unless we hear from you to the contrary we will assume that <br />these instructions are correct. I would appreciate a call when the <br />transfer of funds has been completed. <br /> <br />DJK:caw <br />cc: Lloyd Schnelle <br /> William Goodrich <br /> <br /> <br />