All members present.
He added that more savings would be realized when the revenue bonds are bid in a few weeks. Mr. Erickson said that for every issue, Moody s offers the purchaser the option to get insurance at their own cost. Dain Rauscher bought insurance and it gives this an AAA rating - however we still have to show an AA 3 rating. He said Piper did not buy insurance. Mr. Erickson said they brought Diane Glob from Moody s out for a tour last year and he and Mr. Schmisek also met with her in Alexandria last month.