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OPINION SURVEY <br />It is imperative that the League Board of Directors know each and every city's opinion <br />as to the financing plan they favor. Please take a minute at your next council meeting <br />to give us your opinion. <br />PAYMENT OPTIONS <br />1) Our city favors a one lump payment option (paid in first year). <br />2) Our city favors a five -year option plan; 5 equal annual payments <br />of principal plus financing charges at 10 %. <br />3) Our city favors a te:i -year option plan; 10 equal annual payments <br />plus financing charges at 10 %. <br />ALTERNATE PAYMENT OPTION <br />4) Our city prefers to assist in retiring the debt, reflected in <br />increased dues (budget of LMC would be increased by the amount <br />necessary for debt retirement). <br />Name of City: <br />1970 Population: <br />Please return by August 25 to: <br />League of Minnesota Cities <br />300 Hanover Building <br />480 Cedar Street <br />St. Paul, MN 55101 <br />