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First <br />5ecur~ty <br />Bank~ <br />w~;r~~~~~ ~~;~~~~~~r ;v~~. (503) 675-3300 <br />November 3, 1998 <br />Mr. Billy Wasson <br />Courthouse Square Project Manager <br />4040 Aumsville Highway S. E. <br />Salem, Oregon 97301 <br />Re: Request for Proposal - Marion County, Oregon Courthouse Square Project <br />Dear Mr. Wasson: <br />Thank you for giving First Security Bank, National Association an opportunity to present <br />its fee proposal for acting as Trustee and Paying A~ent for a bond issue for IVlarion <br />County for the Courthouse Square Project. This proposal is based upon the details <br />provided in the RFP. My responses are provided in the order stipulated in the RFP. <br />1. First Security Bank's corporate trust department has been in operation for more than <br />twenty years. First Security Bank has corporate trust offices in five locations, including <br />Salt Lake City, Utah, Albuquerque, New Mexico, Boise, Idaho, Las Vegas. Nevada, and <br />Portland, Oregon. First Security Bank's Oregon Corporate Trust office has been open <br />since February 1, 1998. <br />I would be the primary contact and administrator on this issue, should Marion County <br />accept this proposal. I joined First Security Bank on December 1, 1997. Prior to that <br />time, I spent twenty years as a Corporate Trust Administrator and Manager with First <br />Interstate Bank of Oregon's Corporate Trust offices in Portland, Oregon, managing <br />accounts for the Pacific Northwest. My offices are located at 4949 S. W. Meadows Road, <br />Suite 150, Lake Oswego, Oregon 97035. My telephone number is (503) 675-3300. The <br />attorney assigned to my administrative team is Mr. David Blackner who is located in our <br />Salt Lake City Corporate Trust office; my administrative assistant is Ms. Carol Ontiveros, <br />also located in Salt Lake City. <br />As the assigned administrator for an appointment as Trustee and Paying Agent, I <br />maintain all records and files for the bond issue in my office and am responsible for all <br />administrative activities. I am responsible for monitoring compliance with the terms of <br />the transaction documents, following far required reports, as well as handling all payment <br />receipts and disbursements, in addition to the disbursement of bond proceeds through the <br />Project Fund. I have direct, on-line access for both retrieval and processing for the <br />- --- <br />Fir;t Sc~cur'ity Rank, N.A. Cnrporate Trust Seri~ices ~949 S.W. Meadou~s Road, Suite 150 Lirke O~~ae,~o, Or'e;;oii `~%~ii ~ <br />~ Teleyfzotte 5113-Cii-3300 FAX ~03-6'5-3310 <br />A fireanci~l serz>ices i ornF~nny of Firsf Sentrih/ Corporation <br />