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=bank Corporate Trust Services April 3, 1998 City of Little Canada Attn. Administrator 515 Little Canada Road Little Canada MN 55117 U.S. Bank National Association Attn: Mr. Jon M. Hoffman 601 Second Avenue South Minneapolis MN 55402 -4302 RECEIVED APR - 6 1998 Wellington III Associates Attn: Mr. Larry Carlson 418 West Horseshoe Drive Shoreview MN 55126 U.S. Bancorp Investments, Inc. Attn: Public Finance Department 100 South Fifth Street, Suite 1400 Minneapolis MN 55402 Re: Appointment of Successor Custodian - Letter of Credit Custodial Agreement dated June 1, 1994 (the "Agreement "), among The Bank of New York, formerly Nationsbank of Virginia, N.A., as Custodian, U.S. Bank Trust National Association, formerly First Trust National Association, as Trustee, and Wellington III Associates, the Company Ladies/ Gentlemen: We have been informed by the Custodian, pursuant to Section 2.2 of the above referenced Agreement, of their intent to resign effective May 15, 1998. Pursuant to the Agreement the Trustee shall, with the written consent of the Remarketing Agent, the Bank, the Issuer and the Company, promptly appoint a successor Letter of Credit Custodian. The purpose of this letter is to request your written consent to the appointment of U.S. Bank Trust National Association as the successor Letter of Credit Custodian. As Trustee we have received a legal opinion from Dorsey & Whitney, to the effect that all of the duties of the Letter of Credit Custodian may be performed by the Trustee. Furthermore, said opinion states that the Trustee is legally authorized and permitted to directly hold the Letter of Credit as the beneficiary thereof, and to perform all duties under the bond indenture to draw upon and otherwise administer the Letter of Credit consistent with the requirements of the indenture. Page 4