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8 November 1998 <br />Mr. Billy Wasson <br />Courthouse Square Project Manager <br />4040 Aumsville Hwy SE <br />Salem, OR 97301 <br />Re: Response to Request For Proposal to act as Trustee and Paying Agent for <br />Marion County, Oregon Courthouse Square Project <br />Dear Mr. Wasson, <br />On behalf of Norwest Bank, I am pleased to respond to the County's Request for Proposal dated 26 <br />October 1998 and amended on 29 October 1998, to provide Trustee and Paying Agent services for the <br />above financing. We believe we can offer the County top-notch experience> responsiveness and service <br />in administering this bond issue. Norwest ranks Number Three nationally in having been selected <br />Trustee for new municipal financings. We offer the solid backing of a strong national bank coupled with <br />the personal customer service of a local bank. You can select Norwest with confidence and know that we <br />will add value to the financing team and be an exceptional partner going forward. We have many <br />references to prove it. <br />Norwest's philosophy is to build long-term relationships with our clients by actively administering their <br />accounts and by providing superior customer service. Our commitment to this philosophy has contributed <br />to Norwest's servicing of 5,400 accounts representing $130 billion in outstanding debt nationwide. Our <br />customers are located in a1150 states. Our hope is that this proposal will be one more step in an <br />expanding relationship between Norwest (soon to be named Wells Fargo) and Marion County. Per your <br />request, we have enclosed ten copies of our response to your Request for Proposal. <br />In accordance with the Proposal Organization and Format Requirement for the cover letter, the <br />undersigned, Nancy S. Sampair is the authorized representative of Norwest Bank designated to receive <br />correspondence and other contacts as well as contractually bind the firm. Contact and correspondence <br />information is as follows: <br />Nancy S. Sampair, Vice President <br />Norwest Bank <br />Norwest Center, Sixth and Marquette Avenue <br />Minneapolis, MN 55479-0069 <br />Phone:612.667.3486 Facsimile:612.667.9825 <br />E-mail: nancv.s.sampairC~norwest.com <br />Thank you for the opportunity to present a proposal. We are hopeful of being named Trustee and would <br />look forward to working with you on your project. Per your request, this bid is valid for 90 day expiring <br />on 9 February 1999. If you have any questions regarding this proposal, please do not hesitate to contact <br />me at 6l 2.667.3486. <br />Sincerely, <br />~ ' <br />~ <br />Nancy S. S mpair <br />Vice President <br />enclosures <br />Vici Federal Express <br />