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��wr� �,. �Er�RSON <br />ROSEii'i' G. H�LL <br />WILLARp L. COi�V�RSE <br />6EOiiG6 O. P£T8R81ilV <br />ROGER A. 1EN18F�i <br />KtDRT F. WAL?t3LR <br />LAW OF'FIGES O� <br />PEr� RsoN, B E L L Be CON16E�t5E <br />1480 t�tOtiTHWE5T6RM BANK BUILOItHG <br />kilf L`'ASi FIF'I'H $iF�EET <br />S"C, i�AL1L. [++IINN�S�7A 37"�10i <br />B12 • 224-A703 <br />July 29, 1.974 <br />Mx_ James Andre <br />City' Manager <br />Gity of Rasevi].1e <br />27�1 North Lexing�on Avenue <br />Roseville, M�.nnesota 55113 <br />Re: Water Meter Deposits <br />Qu� Fi�e No. M4-752 <br />Dear Mr. Andxe: <br />1[ i NN9RP0414 <br />IOHf BOq LIFlE B�lILI��t�lQ <br />Minn. Stat. 325_637 p�ovides that znterest irz the amount of <br />six percent per year must be paid to customers who hav� made <br />secu�ity deposits oxi water meters. It i.s our opiniox� that <br />the City can legitimately claim a rental.�ee for the use of <br />the meters and I have pr�par.ed an ordinance making that rental <br />fee equal to six percent of the amount ot the secura.ty de- <br />posit. The interest due and the ren.tal fee.will therefare <br />cancel each other out. <br />RAJ/vlh <br />-Enc�osures <br />cc: Mr. CharLes Honch�ll <br />Yau.rs very truly, <br />PEZ`ERSON, BELL & CONC7ERSE <br />Roger A. Jensen <br />�� <br />D ��� <br />��� � � ����� <br />����� <br />������ <br />� <br />