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I� <br />BE IT RESOLVED THAT THE CITY OF HUGO ADOPT THE FOLLOWING RESOLUTION <br />A,reement, reorm <br />for <br />hloody's Municipal ipzl Bond Rating; <br />T'llie undersigned hereby applies for a Moody's Municipal P,o;rd Rating fr a new issue <br />designated: General Obligation imcrovement Bonds <br />description of issue <br />Monday, November 17, 1975 <br />date of sales <br />155,000 <br />amount <br />The undersigned will promptly furnish to Moody's pertinent financial reports and other <br />data normally provided rating agencies, in order that iloocly's rray appraise the bond issue. <br />Th° undersigned agrees to be bound by Moody's rating policy set forth in a "Staterient <br />of Policy" effective June 2, 1975, and to pay a fee determined in accordance with that poli( <br />The urxdersigned requests Moody's to assign a rating to the bond issue or inform the <br />undersigned if the bond issue is not eligible for rating, in which latter event no fee is payat <br />It is understood that such rating is subject to revision or withdrawal by Moody's if <br />subsequent information (or lack of information) requires such action. <br />(Please Print or Type) <br />APPLICANT: City of Hugo, Minnesota <br />BY, Robert E. Burkard T=: City Clerk <br />MA=G ADFFM : <br />5542 Upper 146 Street <br />CITY: Hugo STATE: Minnesota ZIP: 55038 <br />TEiEPHONE NO.: (612) 429-1488 <br />AUTHORIZED BY: DATE: <br />Signature ' <br />71 <br />MOODY'S INVESTORS SERVICE, INC. <br />0 99 Church Street, H( yw York, N.Y. 10007 (212) 267-8800 <br />