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Moody,; Investors Serwce <br /> <br />99 Church Street, New York, N.Y. 10007 <br /> 212-553~)300 <br /> <br />November 3, 1980 <br /> <br />Mr. Loyd Schnell <br />City Clerk/Treasure~ <br />City Hall <br />City of Ramsey <br />15153 Nowthen Boulevard <br />Anoka, Minnesota 55303 <br /> <br />Dear Mr. Schnell: <br /> <br /> We wish to inform you that our Rating Committee has <br />assigned the rating of Baa 1 to the $365,000 Ramsey, <br />Minnesota General Obligation, Unlimited Tax Bonds which <br />sold October 28, 1980. <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 />Senior Vice President <br /> <br />ED:vlw <br /> <br />cc: <br /> <br />~illiam Goodrich, Esq. <br />Talle, Herrick & Munns <br />316 East Main Street <br />Anoka, Minnesota 55303 <br /> <br /> <br />