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Ms. Annette Freeman <br />September 6, 1989 <br />Page 3 <br />I would also propose an increase in our hourly rate, which <br />is charged for services rendered which are not included in the <br />retainers, from $65.00 per hour to $70.00 per hour. This <br />increase is necessary to meet increased overhead and related <br />expenses. <br />I must emphasize the fact that our proposed budget is our <br />best estimate of anticipated legal expenses in 1990, based on <br />our 1989 time records and experience. However, 1990 <br />expenditures will be based on services actually rendered and <br />billed in 1990. <br />If anyone has any questions relative to this matter, please <br />contact me. If it would be advantageous for me to discuss this <br />matter at a budget meeting or at any other meeting, please <br />contact me. <br />TMS:slc <br />Yours very truly, <br />SWEENEY & BORER <br />l( I <br />homas M. Sweeney <br />Page 4 <br />