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01I0511996 19:21 5632894145 <br />~.s cL,~~zE~vrs <br />& <br />Associates LLC <br />F,fNANCIAL aad INVEST1h~,NT COt'1NSEL <br />ME~OXtANDU11~ <br />RS CLEMENTS PAGE 02 <br />"Umivcrsity ~ak'~ <br />5447 N. Xa~~ 5t., Ste B <br />Po~Ct~a~nd, Oregon 972p3~~25]. <br />Telephone {503) 289-4486 <br />Facsimile (SU3) 289-4145 <br />Cea~ulat (SQ3) 32~-1Q99 <br />e-mai.~: sclem(~a easystreet,com <br />Txa~sxnitted ~ia Facsitr~i~e <br />DATE: Novembe~r ~.9, 1998 <br />'T'O: 7onatban~ C~,irunga, Stan.dard & Poor's <br />FRON.~: Scott C~eznents, Finat~cial Advisor to i~arioa Co Cou Sc~uare Pxoject <br />SLJ~J~C'~': Request for Iasuex Cxedit Rating <br />By way of confirmataoz~ of the sevezal tele~hone con.v~z~sations today, ~tus wi~~ coi~finn the zr,~uest <br />of zny client, Mazioz~ County Couzthouse Square P;roj~ct, for issuance by 5tandard & Poo~-'s of an <br />Issu~r Cz~edat Rating {"ICR") for Mario~ Co~.ty. <br />We understarjd tk~at ib.e charge for this specifia service v~xl~ be $4,000.00. We further undexs~az~d <br />that the cost o~xating the CeRifxcates of Particip~Yion being issued to £~a~ce this prnject is <br />$12,400; tlxerefore, the cost of both se~vi.ces will be $16,QOO.OQ. <br />We great~y a~~areciated youx takir~g the time to vzsait the CouriLy azi.d t1~e ~roject Teann tlus week. <br />Please adv~se us if we can ~aca~.it~te your efforts. <br />cc: ~ii1y Wasso~. <br />lf~e.teber of tk~ Assoclation for Investmenr Mmiage~rent a,td Research <br />,lY,~ember of tlte Financiai Analysts Fedelatlo~t <br />