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off. R Enc—,-- or <br />C;t� 1�edlaxL <br />r�L f F0�I�1� <br />December 6, 1972 <br />Stone & Youngberg <br />Municipal Financing Consultants, Inc. <br />1541 Wilshire Boulevard <br />Los Angeles, California 90017 <br />Attention: Mr. Edward J. Hyland <br />Vice President <br />Dear Ed: <br />1):�/--- <br />Reference is made to our recent conversation <br />regarding the sale of the $250,000 of authorized, <br />but unsold, General Obligation Bonds of the City of <br />Redlands (Sewer Bonds) . <br />This letter will confirm that the charges <br />your organization will make to the city for this service <br />will be in accordance with the schedule set forth in <br />paragraph 10, c, of the agreement dated June 7, 1960, <br />which provides a charge of 11z/ for any or all of the <br />first $250, 000 of each sale of General Obligation Bonds. <br />If you have any questions regarding this matter <br />please contact me. <br />Cordially, <br />/` f <br />R."P. Merritt, Jr. <br />City Manager <br />RPM:lt <br />