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85 E.SEVENTH PLACE,SUITE 100 <br /> SAINT PAUL,MN 55101-2887 <br /> 651-223-3000 FAX:6SI-223-3002 <br /> SPRINGSTED <br /> Public Finance Advisors <br /> April 15, 1999 <br /> Mr. Mike Mornson, City Manager <br /> City o_f St. Anthony <br /> 3301 Silver Lake Road <br /> St. Anthony, MN 55418-1699 <br /> Dear Mr. Mornson: <br /> Please find enclosed for your review the final work plan that will result in a debt analysis for the <br /> City of St. Anthony. Using this work plan as an outline, we propose to work with the City to <br /> develop a debt plan that will benefit the City of St. Anthony. <br /> The objective of this analysis is to study the impact identified capital improvements will have on <br /> the City's legal debt limit and capacity. It will also review the impacts on the different categories <br /> of taxpayers. <br /> To gather the information necessary to complete this study, representatives of Springsted <br /> Incorporated 'will need to work directly with the City and, if necessary, your consulting <br /> engineers. We will need a list of defined projects and their proposed funding sources. <br /> Feel free to call me at (651) 223-3047 if you have any questions. I look forward to working with <br /> you on this project. Thank you for your consideration. <br /> Yours truly, <br /> Robert D. Thistle, Senior Vi a President <br /> Manager of Client Development <br /> smm <br /> cc: Mr. David L. Wettergren, Consultant, Management Services <br /> Enclosure <br /> • <br /> SAINT PAUL,MN MINNEAPOLIS,MN BROOKFIELD,WI OVERLAND PARK,KS WASHINGTON,DC DES MOINES,IA <br /> ilantho7.ltr <br />