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Ehl an Rssoei SA C, <br /> LEADERS IN PUBLIC FINANCE <br /> Post•It Fax Nate 7671 Date pages <br /> CC fo � From 1 k� <br /> s <br /> colDept. <br /> June 16, 1997 <br /> TO, Tim Yantos, Anoka County BRA <br /> FR; Mark Ruff <br /> RE: Centerville Housing <br /> Based upon discussions with you and Frank Dunbar, we have rerun the sources and uses, rents, debt <br /> service, and cash flows for the 16 unit Centerville project, including PILOT payment. <br /> Th..n are two runs attached, one at current estimates and the other at rents with $25 per month added to <br /> each unit type. <br /> On lines 32 through 36 on the `'Cash Flows - Income Expenses, and De6P' page, are listed the expected <br /> cashflow at 93% oCCapanCy and curent expense assumptions, anticipated debt service coverage, amount <br /> necessary for the Cit-, to pledge above the $3,000 in annual KR-A levy, and the cash flow on 100% <br /> occupancy. <br /> Please contact me if you would like to discuss these issues further. <br />