The rating on the city of Burnsville, Minn.'s bnds., issued for Summit Park Apartments, reflects: * A fully funded debt service reserve fund; * The strong credit quality of the mortgage note on the underlying project insured by FHA under Section 223(f) of the National Housing Act; * Full and timely payment of debt service on the bonds and the underlying mortgage note; and * An asset-to-liability position of 102.46%. Total liabilities as of Jan. 9, 1996 were $10.615 million term bonds with coupons of 5.375%-6.000%. The bonds are secured by a $10.131 million 6.25% FHA- insured mortgage note, $650,000 debt service reserve fund; $61,000 mortgage reserve fund; and $33,694 bond fund. All funds are invested pursuant to a Berkshire
