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85 E. SEVENTH PLACE, SUITE 100 <br />SAINT PAUL, MN 55101 -2887 <br />•651 -223 -3000 FAX: 651 -223 -3002 <br />/7 E -MAIL: advisors(a: springstcd.com <br />• <br />September 23, 2004 <br />SPRINGSTED <br />Advisors to the Public Sector <br />Mr. Alan Rolek, Finance Director <br />City of Lino Lakes <br />600 Town Center Parkway <br />Lino Lakes, MN 55014 <br />Re: Recommendations for the Issuance of $1,330,000 General Obligation Improvement <br />and Utility Revenue Bonds, Series 2004A <br />Dear Mr. Rolek: <br />We have enclosed one copy of our recommendations for the above - captioned issue for <br />distribution to Council members and City staff prior to your meeting on Monday, <br />September 27, 2004. <br />We have also enclosed contract amendments for services relating to continuing disclosure and <br />arbitrage rebate to include this issue. If the City wishes to continue to engage Springsted for <br />these services for the new issue, please sign the amendments and return them to us. <br />If you should have any questions pertaining to the enclosed documents, or if you require <br />additional copies, please do not hesitate to contact us. <br />Sincerely, <br />at-iseiffc %o a7 <br />Christine M. Hogan <br />Project Manager <br />mb <br />Enclosures <br />