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<br />rei ---'\j <br />( )j <br />~ll< <br /> <br /> <br />Item #5.1. <br /> <br />MEMORANDUM <br /> <br />FROM: <br /> <br />Mayor & City Council <br />Lori Johnson, Finance Director tAJJ <br /> <br />TO: <br /> <br />DATE: <br /> <br />August 9, 1999 <br /> <br />SUBJECT: Presentation by Dave MacGillivray, <br />Springsted <br /> <br />As you know, the city's bond rating was recently upgraded to A3. Although <br />this issue was discussed briefly when the bond sale was awarded, David <br />MacGillivray, Springsted, has requested an opportunity to make a formal <br />presentation to the Council on the upgrade. Dave will be present on Monday <br />to make a brief presentation and to answer any additional questions you may <br />have. <br /> <br />. <br /> <br />. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330. TDD & Phone: (612) 441-7420. Fax: (612) 441-7425 <br />