Correspondence between

Mike, | discussed with Wayne your concept to fund $11 million of necessary improvements at the city’s water plant by delaying existing water bond payments for 3 years. Wayne requested that you send a written proposal to both he and John Barton in Bond Finance so that they may evaluate it. Let me know if you have any additional questions. Ed Edward B. Koryzno, Jr. | Administrator - Office of Fiscal Responsibility State of Michigan | 430 W. Allegan Street, ist Floor | Lansing, MI 48922 (517) 373-4415 | (517) 373-0633 (fax) [email protected] = Think Green! Don't print this e-mail unless you need to. CONFIDENTIALITY NOTICE: This e-mail, and any attachments, is for the sole use of the intended recipient(s) and may contain information that is confidential and protected from disclosure under the law, Any unauthorized review, use, disclosure, or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail, and delete/destroy ail copies of the original message and attachments. Thank you 105 xxxEND_PAGE:treasury01_b07_0925_1052_117 Koryzno, Edward (T reasury)