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Mr. James F., Andr"e <br />rt <br />Decembier 1,9, 19�84 <br />Paige 2 <br />As indicated in the precied,ing table a Publ 0 oft 0" <br />ic offerin <br />4 <br />would, be the less expensive method of fintancing irrespectiv <br />0 <br />oL which final financing structure is finally Utilized. I <br />I <br />add,ition, the retail marketplace is readily accessible, wherea <br />the PrJ-vate Placement market i,s very 1* <br />4i imited and <br />e <br />subct t <br />silgnant changes on short noticle, j I <br />crioriiin, & Marcotter Inc. and Dain Bosworth Incorporatiet <br />request that thie CiLtY <br />o e o <br />f Rosevill allw the 0 f revenue <br />I issuance o <br />,bonds for the, Priesbvterian Homes Pro'di <br />& . I ■ 3ect on either a pub! i4c sale <br />or private sale basis and that Priesibyterian Homes, -be authorized <br />to proceed wi, th eli i ther method base'd on market conditi ons at the <br />time of sale of the bonds. <br />If You shou,ld, have any questions regarding this matter, <br />Pl,easei feliel friee to ciontiact either of us at your convenience. <br />D,AI N BOSWORTH INCORPORATED <br />Stanley W. Bakke <br />Vice President <br />(371-7903) <br />AMMMM <br />