Laserfiche WebLink
[~bank~ <br />Corporate Trust Services <br />Two Union Square <br />601 Union Street <br />Suite 2120 <br />Seattlc~, WA 98~01 <br />David A. Pringle <br />Vice President - Northwest Sales <br />Corporate Trust <br />(206)461-4132 <br />(206) 461-4178 (facsimile) <br />VIA TELECOPIER <br />November 9, 1998 <br />Mr. Billy Wasson <br />Courthouse Square Project Manager <br />4040 Aumsville Hwy SE <br />Salem, OR 97301 <br />Re: Trustee Services in Connection with the <br />Marion County Courthouse Square Project <br />Dear Mr. Wasson: <br />U.S. Bank appreciates this opportunity to present its proposal to act as trustee for the <br />Marion County Courthouse Square Project financing. <br />As the largest trustee for municipal debt in the United States and in Oregon, U.S. Bank is <br />uniquely positioned to act as trustee for the County's financing. No other trustee bank <br />has as much experience acting as trustee for municipal bond issues in Oregon. With the <br />resources of the largest national corporate trust organization and a significant regional <br />presence in Portland, U.S. Bank can offer an ideal combination of sophisticated systems <br />and expertise, coupled with the personal service that only a local presence can provide. <br />Responsibility for the administration of your financing will be assigned to a seasoned <br />team of trust professionals in our Portland office, where you will have ready access for <br />information and problem resolution. <br />Cheryl Nelson will be your primary contact for ongoing administration. With over ten <br />years' experience acting as trustee for municipal bond financings, Ms. Nelson is fully <br />qualified to administer the County's certificate issue. She is responsible for the <br />administration of a substantial number of Oregon transactions with a structure very <br />similar to that of the proposed Marion County transaction. <br />