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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />i <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Moody~ Investors Serwce <br /> <br />99 Church Street, New York, N.Y, 10007 <br /> 212-553-03O0 <br /> <br />September 16, 1981 <br /> <br />Mr. Lloyd Schnelle <br />City Administrator <br />15153 Northern Boulevard, N.W. <br />Ramsey, Minnesota 55303 <br /> <br />Dear Mr. Schnelle: <br /> <br /> We wish to inform you that our Rating Committee has <br />assigned the rating of Baa 1 to the $815,000 Ramsey, Minnesota <br />General Obligation, Unlimited Tax Bonds to be sold <br />September 16, 1981. <br /> <br /> In order that we may maintain the currency of this <br />rating over the period of the loan, we will require current <br />financial and other updating information. We will appreciate <br />your continued cooperation in the future. <br /> <br /> Sincerely yours, <br /> <br /> Freda Stern Ackerman <br /> Executive Vice President <br /> <br />JFR: vlw <br /> <br />cc: <br /> <br />Mr. William K. Goodrich <br />City Attorney <br />Randall, Dehn & Goodrich <br />211 East Main Street <br />Anoka, Minnesota 55303 <br /> <br /> <br />