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<br /> CITY OF ARDEN HILLS <br />. 1450 WEST HIGHWAY 96 <br /> ARDEN HILLS, MN 55112-5794 <br /> February 4, 1998 <br /> The Honorable Dennis Probst <br /> Members of the City Council <br /> City of Arden Hills <br /> 1450 West Highway 96 <br /> Arden Hills, MN 55112-5794 <br /> Dear Mayor Probst and Councilmembers: <br /> I am respectfully submitting the attached report on the investment portfolio of the City for <br />. the year 1997, as required by the Investment Policy. The report is due within ninety (90) <br /> days following year end. <br /> Please let me know if you have any questions. This is the seventh such annual report, and <br /> the sixth prepared by myself. As always, I am particularly interested in any suggestions <br /> you may have as to its content and scope. <br /> Sincerely, <br /> ~~ II( ;;20 <br /> Terrance R. Post <br /> City Treasurer <br /> Enclosure <br />. <br /> PHONE: 16121 633-5676 . FAX 16121 633.7839 <br />