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<br /> e ISSUING PROCESS <br /> Following is a tentative schedule for the steps in the issuing process. <br /> January 20, 1998 City Council adopts resolution calling for the <br /> sale of the Bonds <br /> Week of October 27, 1997 Official Statement draft and rating materials <br /> submitted to Standard and Poor's <br /> Corporation for credit rating <br /> October 30, 1997 Meeting with Standard and Poor's <br /> Corporation <br /> Week of November 10 Received A+ credit rating from S&P <br /> Week of January 26, 1998 Submit Revised Bond Sale Report and Official <br /> Statement to S&P for updated review <br /> . Week of January 26, 1998 Distribute Official Statement <br /> February 9,1998 EDA approves Pledge Agreement <br /> February 9, 1998 Bond sale <br /> Week of March 2, 1998 Bond closing <br /> N:'JvUNNSOT A\ARDENHI\97DEB l\PRESALE. <br /> e <br /> Page 6 <br />