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Acquisition of land <br />New canstruction. (�prove�ter�ts io existing building) <br />Demoti#ior� a�d site preparation: <br />Acquisition and Instal�alion af Equiprr�ent: <br />Fees: Architectural, engincering, inspection, �scal, legal, <br />administration, or printing <br />Construction Interest: <br />Initiat Band Reserve: <br />Contingencies: <br />Other: (Refinancing) <br />Total: <br />$0 <br />3,324,Q00 <br />120,OOa <br />�50,000 <br />ssa,000 <br />0 <br />0 <br />0 <br />8b0,00d <br />$S,S00,000 <br />Ii is presently estimated that constntctian wil� begin on or about Se iember t 5 , 2008, and <br />wilt be co�npiete on or about .iune 3� , 2009_ When ca�npleted, t�ere wili be <br />appraximately N/A new jobs created by the project at an annual �ayrol� of approxitnateiy $ N!A <br />based upo�t cur�-ently prevailing wages. (i� applica�ie} There are 75 existing jobs pxovided by <br />business. <br />(If applicabie) There will l�e N/A �obs creaied by const�uction of the pro�ect. N�rnber o� hours <br />NIA . Average wage level $ N/A <br />RepaymenE af the proposed issue will be amortized over a pe�iod of 296 r�ontl�s. <br />The following �xhibits are furnished with this appiication and are a�cotporated herein by <br />reference: <br />�_ An opinion of bond cau��sel that the proposal cor�stituies a}�raject u�der Minn_ Stai. <br />§ 4b9.153, subd. 2. <br />2_ A copy o�the resoiution by th� govez-ciing bady of the issuer giving preiiminary approvat for <br />the issuance of its revenue bonds and stating that the pto�ec�, except Eor a project ur�der Minn. <br />Stat. § 459_ 153, subd_ 2(g} or (j) wouid nat be u�dertaken but for the availability of Indust�-ial <br />Devetoprr�ent Bond financing. <br />3_ A eompzehensive staten�ent by the municipality indicating haw the project satisfies the <br />pubiic or purpose and poticies of Mitin. Stat.§ 469. i52 - 469.165. <br />4_ A Letter of inlent to purchase the boad issue or a letter confirming t�e feasi6i(ity of ihe <br />project fram a financial standpvin#. <br />5. A staiement signed by the principal representative of the issuing authority to the e�fect that <br />upon enteri�.g into t�e revet�ue agreement, ��te it�formation required by Minr�_ Stat. § 459_ �54, <br />subd. 5 will be subr►iitted to the Depar�rr�ent (not appiicabl� to prvje�ts under Mi�n. Stat. <br />§ 469.153, subd 2ig) ac {�)• <br />220$7S7v1 � <br />