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Springsted Incorporated <br />380 Jackson Street, Suite 300 <br />Saint Paul, MN 55101 -2887 <br />Tel: 651 - 223 -3000 <br />Fax: 651 - 223 -3002 <br />www.springsted.com <br />LETTER OF TRANSMITTAL <br />April 25, 2008 <br />Mayor Bergeson & City Council Members <br />Gordon Heitke, City Administrator <br />City of Lino Lakes <br />600 Town Center Parkway <br />Lino Lakes, Minnesota 55014 -1182 <br />Re: AMENDMENT TO: Water and Wastewater Utility Rate Study — Dated October 1, 2007 <br />Dear Mayor Bergeson, City Council Members & Mr. Heitke: <br />Following the April 7, 2008 City Council work session, Springsted Incorporated was instructed to amend <br />the Water and Wastewater Utility Rate Study, dated October 1, 2007 to reflect changes in our <br />recommended water conservation rate structure. This amendment provides the revised water rate structure <br />and explains the basis for our recommendations. <br />Again, we appreciate the opportunity to conduct the Water and Wastewater Utility Rate Study for the City <br />of Lino Lakes and appreciate the time and effort put forth by City staff to assist us in this endeavor. <br />Respectfully submitted, <br />'Terri Heaton <br />Terri Heaton, Senior Vice President <br />Client Representative <br />lev <br />• <br />