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~// <br />L <br />FACSIMILE COVER SHEET <br />DATE : <br />T'O:. <br />Junuary 29, 1999 <br />INVESTNIEIVT ~ <br />sE~vic~~ <br />#PAGES: 4 (Includes covor) <br />Ralph Grlm, Mariaa County Treasurer <br />G. CC: Billy Was~on, Marion County, Project Manager <br />FROM: Sandy Bulloclc, Vice President, Corparate 3siles <br />612 667-8910 fax 612 667-2534 <br />Norwe~t Investment Services, Inc. {"1~1I5I") is a registiered brdker/dealer and a member af <br />the N~SD and SIPC. PtiSI is nat a bank or thrift and is separate f'rom any Norwest Bank of <br />any other aftiliatad bafik or thr~ft, NISI is solely responsible for its cantractuai obligutions <br />and commftments. Nondeposit fnvostment products offered by NI5I are not F`DIC insured; <br />are not bank depasits; are nvt obli~ations of, or g~aranteed by, any bank, and are subjcct to <br />investtnent rislcs, including the possible Ioss of prlncipal invegted. <br />Until ordere are cont3rmod, prices and yields sre subjott to <br />Ralph, <br />You inquired about the commorcial papor as eligible investments, Tlie draft of the trust indenture <br />°`-~ sont to me in the beginning stagos was missing the la~t page. At closing, I was faxed tho final trust <br />indenti~rv and found that wl~ile the eligible invostments were still quite consorvative to t~ot includo <br />active tr~ded Agency soCUrities, it did include comm~rcial papor (see 4~1 page of this fax) limited <br />to % of partfolio and ~pasurv per issuer. I also copied my memo dated 12/21 that tefors to tlie <br />eligiblo invostmeirts. <br />Please call me if you havv any questions. Th~iks <br />. <br />biT'd 668'ON ISIN Wd9b:Z 666T'LZ'Ntil <br />