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<br />:,;'~W;;,~;;:::~_~'~~""HtA-.i::4~-:::-.. <br /> <br />....._~.....,., <br /> <br />- -..---. . .~. -,....~-~-... ....._, ,~~ <br />"'-~"-.'''''''-''.'-'-~P--,---.,.:.._-,",-,-"",- <br /> <br />J <br /> <br />.. 9/14/70 CopIes to: <br /> <br />M~~E'VILLEc@~~ <br /> <br />2100 NORTH SNEWNG Avt . ST. PAUl, MINNESOTA 5SU3 <br />September II, 1970 <br /> <br />Council <br />W. Relld <br /> <br />~N. UI-t8OQ <br /> <br />Village Council <br />Village of Arden Hills <br />1450 W. Highway 96 <br />St. Paul, Minnesota 55112 <br /> <br />Gentle men: <br /> <br />Please consider this letter our offer to assist the <br />Village of Arden Hills in the collection and processing <br />of sewer and water utility bills. We propose to receive <br />the payments and credit them to your account in our. bank <br />at a cost of 4~ per transaction provided the minimum <br />balance in the account does not drop below $2,000. As <br />an alternative, we propose to do the same work for 5~ <br />per transaction providing the minimum balance in the <br />account does not drop below $1,000. We suggest that <br />mailing envelopes furnished by the Village with its <br />bills be addressed "The Roseville State Bank", 2100 <br />North Snelling Avenue, St. Paul, Minnesota, 55113. <br /> <br />In talking with your administrative personnel, we under- <br />stand that we will furnish payment stubs, adding machine <br />tapes and duplicate deposit receipts at least once a week. <br />All accounts in our bank are insured by the Federal Deposit <br />Insurance Corporation up to $20,000 and, should circum- <br />stances warrant, we would be willing to pledge additional <br />collateral beyond that amount. We are pleased at having <br />the opportunity of being of service to you and look for- <br />ward to a long and pleasant relationship. <br /> <br /> <br />yours, <br /> <br />t~ <br /> <br />~ <br /> <br />GRM: ch <br /> <br />P. S. Our bank has a number of services which may be of <br />interest to you and of benefit to the Village such <br />as a variety of payroll plans, buying and selling <br />of investments, and many others. <br /> <br />Q/...0'l....1. ef.1...I... @_M..iI. {lJ,..! <br /> <br />- <br /> <br />~r"- <br /> <br />