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LAW OFFICES <br />BRIGGS AND MORGAN <br />WRITER'S DIRECT DIAL NUMBER <br />(612) 334 -8522 <br />BY FAX AND U.S. MAIL <br />Mr. Joel Hanson <br />City Administrator <br />City of Little Canada <br />City Hall <br />515 Little Canada Road <br />St. Paul, MN 55117 <br />PROFESSIONAL ASSOCIATION <br />2400 IDS CENTER <br />MINNEAPOLIS, MINNESOTA 55402 <br />TELEPHONE (012) 334 - 8400 <br />FACSIMILE (012) 334 -8650 <br />November 21, 1996 <br />SAINT PAUL OFFICE <br />2200 FIEST NATIONAL DANE 133ILDIN0 <br />SAINT PAEL,MINNESOTA 88101 <br />TELEPHONE 1012) 223-6600 <br />FACSIMILE (012) 223-6480 <br />Re: City of Little Canada, Minnesota Multifamily Housing Revenue Refunding Bonds (GNMA <br />Collateralized Mortgage Loan - Cedars Lakeside Apartments Project) Series 1996 (the <br />"Bonds ") <br />Dear Joel: <br />Pursuant to our phone conversation, enclosed for consideration by the City is a Resolution <br />Calling for a Public Hearing and the form of Notice of Public Hearing. <br />The project to be refinanced from the proceeds of the Bonds is a 156 -unit multifamily rental <br />housing project located in the City on Little Canada Road at Middle Street and known as Cedars <br />Lakeside Apartments. The project was originally financed in 1986 from proceeds of bonds approved <br />by the City of Little Canada in July of 1986. The 1986 bonds mature on May 1, 1998 and may now <br />be redeemed prior to that date. A new public hearing is required to permit extension of the maturity <br />date of the proposed refunding Bonds. <br />For your convenience, I have attached a "City Proceedings Schedule." In the meantime, if <br />you have any questions, please call me or Trudy Halla. <br />Enclosures <br />cc: Trudy J. Halla, Esq. <br />Mr. Mark Appelbaum <br />Mr. Larry Brutger <br />771709.1 <br />Very truly yours, <br />Andrew R. Kintzinger <br />Page 2 <br />