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11/30/98 18:01 $503 373 4367 M C LEGAL ~~~ BOC f~ 002/002 <br />~. ' h10U 24 '98 15~1H FR PRU SECiPUB FINiSEA 286 340 4076 TO 915033734367 P.02i02 <br />~ ` ~ • ~ <br />~.: Peat Marw~ck ~~P . ~ ~ <br />eo, we~ ~tcr, ~,ua ~ <br />. su~te ~oa <br />~ Aneharepe, AK 69501-2258 <br />~ .. . . <br />'~c - <br />~1 <br />~ <br />?n.. , <br />~ <br />•~~ The Honorablc Mayor and Members of the Assembly <br />' Muaicipality of Anchorage, Alaska: ~ ~ <br />~ We agrce to the inclusion in the pr~lim.inaty Official Statement May Z 3, 1998 and the Fina1 <br />Official Statomcnt dated'May 20, 1998 in connection with the of#'cring of Municipality af. ;~ <br />~~~ -~lr~charage, Alaska Senior Lien Water Revenur-~d-Refunding Bonds, 1998, of flur report <br />~ ' dated Match 18, 1998 on our audit of the finaacial statemaats of the MunicipaZity af <br />~.,; ~sh~rag.e-Water Utiiity Fuud. - ., <br />~ <br />Our_.report with respect thereto contains a paragraph which eraphasizes that the. fin~i.a~l <br />~ ' ' <br />r,~e~ea~t~-=feprasent the financial position and FestiI~-of oper~io~s of-t~e-Munici~ality-af <br />.. Anchorage, Alaska, Watcr Utility Fund and not the Municipa~ity af Anchor~g~-A~dasl~a, <br />• takcn as a whole. <br />~ , ~~~~Z~ ~~ ll~w,c~ L~.I <br />, <br />~ • 7tui~ 10, 1998 <br />~ <br />5 c.o~~ Nti.~~~ Q ~ ~ ~ <br />Ke~.+~e t~. K~.~.~s~ (~, . <br />~-1 ca ~_ ,~, Qf a.~ ~ S C <br />5~~... ~ o (~ "l`~ ~~~ . ~ a~~~ <br />~~b~ <br />~ ~8~. <br />r~~~ <br />, ~~ , ~, <br />~ <br />~ Prudentia~ <br />~ s~~~ <br />M.~.,,~d <br />