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<br />., <br />, <br /> <br />.t <br />e <br /> <br />e <br /> <br />e <br /> <br /> <br />CITY OF ARDEN HILLS <br />4384 WEST ROUND LAKE ROAD <br />ARDEN HILLS, MN 55112.5794 <br /> <br />February 18, 1999 <br /> <br />The Honorable Dennis Probst <br />Members of the City Council <br />City of Arden Hills <br />4364 West Round Lake Road <br />Arden Hills, MN 55112 <br /> <br />Dear Mayor Probst and Councilmembers: <br /> <br />I am respectfully submitting the attached report on the investment portfolio of the City for <br />the year 1998, as required by the Investment Policy. The report is due within ninety (90) <br />days following year end. <br /> <br />Please let me know if you have any questions. This is the eighth such annual report, and <br />the seventh prepared by myself. As always, I am particularly interested in any suggestions <br />you may have as to its content and scope. <br /> <br />Sincerely, <br /> <br />~IL~ <br /> <br />Terrance R. Post <br />City Treasurer <br /> <br />Enclosure <br /> <br />PHONE: (612) 633-5676 . FAX 1612) 633-7839 <br />