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410 First Trust <br />First Trust Center <br />180 East Fifth Street <br />Suite 200 <br />St. Paul, MN 55101 <br />December 27, 1995 <br />Mr. Joel Hanson, City Administrator <br />City of Little Canada <br />City Hall <br />515 Little Canada Road <br />Little Canada, Minnesota 55117 <br />Re: $1,970,000 General Obligation Taxable Tax Increment Bonds, Series 1995B <br />Dear Mr. Hanson: <br />Thank you for appointing First Trust National Association as Bond Registrar of the <br />above - referenced general obligation issue. <br />Enclosed, for your review and signature, are two copies of an Agency Agreement <br />outlining our duties and responsibilities as they relate to the registrar /paying agent <br />capacity. One fully- executed copy of the Agreement should be returned to my attention at <br />your earliest convenience. <br />Also enclosed is our initial fee covering set -up, registration and authentication of the <br />bonds accompanied by a copy of our most current fee schedule. <br />Please contact me at (612) 244 -0729 if I may be of further assistance. I look forward to <br />working with you. <br />Sincerely, <br />Jay Paulson <br />Corporate Trust Officer <br />JMP:kmb <br />Enclosures <br />(P /Agency /33345980:1) <br />Member First Bank System <br />Page 46 <br />