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circumstances frequently do not occur as expected, and those differences may be material. Our <br /> report will contain a statement to that effect. <br /> In order for us to complete this engagement, management must provide assumptions that are <br /> appropriate for the projection. If the assumptions provided are inappropriate and have not been <br /> revised to our satisfaction, we will be unable to complete the engagement, and, accordingly, we <br /> • will not submit the projection or issue a report on it. <br /> The projection and our report are for the use of management only and are not to be distributed to <br /> outside users for-any purpose. <br /> We estimate our fee for the assembly of the projection will be approximately$2,300 to $2,600. <br /> We appreciate the opportunity to be of service to you and believe that this letter accurately <br /> summarizes the significant terms of our engagement. If you have any questions, please let us <br /> know. If you agree with the terms of our engagement as described in this letter, please sign the <br /> enclosed copy to confirm your understanding, and return it to us. <br /> Sincerely, <br /> TAUTGES, REDPATH& CO., LTD. <br /> David J. Mol, CPA <br /> DJM/clg <br /> RESPONSE: <br /> This letter c ^*1v sets forth the i. derstanding of the City of Mounds View: <br /> Signature: _ , _ <br /> Title: <br /> Date: <br />