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Mr. Joseph G. Chlebeck <br />June 24, 1987 <br />Page 3 <br />The scope of our services to prepare a Debt Service Study relates entirely to <br />the Debt Service Funds of the City. Accordingly, the cost of such a report <br />could be charged entirely to a fully matured bond fund rather than the opera- <br />ting funds of the City. <br />If the terms of this engagement as described herein are agreeable, please sign <br />the enclosed copy of this engagement proposal and return it to us. We will be <br />able to begin work on the initial phases of this study during late July or early <br />August. We expect that elements of this report to be ready in time to be used <br />for determining the City's 1987/1988 tax levy. <br />If you have any questions, please don't hesitate to call. <br />Very truly yours, <br />VOTO, TAUTGES, REDPATH & CO., LTD. <br />Robert J. Voto, CPA <br />RJV /s mh <br />Enclosure <br />cc: Correspondence File <br />Approved: <br />CITY OF LITTLE CANADA, MINNESOTA <br />By: <br />Mayor <br />Date: <br />By: <br />City Clerk- Treasurer <br />Date: <br />PAGE -11 <br />