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<br />I <br />I. ISSUING PROCESS <br />I <br />I Following is a tentative schedule for the steps in the issuing process. <br />1 October 14, 1997 City Council adopts resolution calling for the <br /> sale of the Bonds <br />I Week of October 27, 1997 Submit draft Official Statement and rating <br /> materials to Standard and Poor's Corporation <br />I for credit rating <br /> October 30, 1997 Meeting with Standard and Poor's <br />I Corporation <br /> Week of November 3 Distribute Official Statement <br />1 Week of November 10 Receive credit rating <br />.- November 17, 1997 EDA approves Pledge Agreement <br /> November 17, 1997 Bond sale <br />1 Week of December 8,1997 Bond closing <br />I <br />I <br />I <br /> N \MINNSOT A\ARDENH~97DEB1\PRESALE, <br />1 <br />I <br />I <br />I- <br />I Page 6 <br />-. ..---- <br />