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RONALD A. TSCHETTER <br />SENIOR VICE PRESIDENT <br />July 9, 1981 <br />City Administrator <br />City of Ramsey <br />Ramsey, Minnesota 55303 <br />• Dear Sir: <br />This is to inform you that Dain Bosworth Incorporated is willing to <br />and capable of acting as a depository of City funds for investment <br />purposes. We have facilities for safekeeping or safely transferring <br />securities to other qualified institutions for safekeeping on your <br />behalf. Additionally, we have the capabilities to wire transfer or <br />accept wire transfer of funds as well as correspondent relationships <br />throughout the country. <br />We will be happy to serve your City in this manner and look forward <br />to developing a meaningful relationship. <br />Sincerely, <br />• Ronald A. Tschetter <br />senior Vice President <br />Manager — Institutional <br />Fixed Income Sales Dept. <br />RAT /PP <br />I 100 DAIN TOWER /MINNEAPOLIS, MINNESOTA 55402/(612) 371 -2899 <br />.D Z -j- <br />