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[Briggs and Morgan Stationery] <br />Richard Nadeau <br />Minnesota Energy and Economic <br />Development Authority <br />9th Floor <br />American Cente: :,wilding <br />150 East Kellogg Boulevard <br />St. Paul, Minnesota 55101 <br />Re: City of Mounds View - $400,000 Commercial <br />Development Revenue Bonds (Kinder -Care <br />Learning Center Project) <br />Dear Mr. Nadeau: <br />This is to advise you that our firm has reviewed the <br />attached resolution, the feasibility letter of First Corporate <br />Services, Inc., the application of the City of Mounds View and <br />the letter of transmittal from the City. Based upon a review <br />of that material it is our opinion that the Project referred to <br />therein constitutes a project within the meaning of Minnesota <br />Statutes, Section 474.02, Subdivision 1a and that the proposed <br />financing thereof as set forth in the attached resolution is <br />authorized by law. <br />Please do not hesitate to give me a call if there are <br />any questions. <br />Very truly yours, <br />Trudy J. Halla <br />Enclosures <br />