Laserfiche WebLink
Ehlers and AssocLatestioc. <br /> LEADERS IN PUBLIC FINANCE <br /> ft at <br /> Post -It pax Note 7671 Date pages <br /> To " , Fran 44 <br /> Y yrf tko� 7 i:::. .,a a. <br /> r - CoNept e L <br /> n <br /> Y <br /> f <br /> Jny Aii <br /> June 16, 1997 <br /> TO: Tim Xantos, Anoka County HRA <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 /> There 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 Debt" page, are listed the e (petted <br /> cashfow at 93% occupancy and current expense assumptions, anticipated debt service coverage, amount <br /> necessary for the Cit.; to pledge above the $8,000 in annual 1RA levy, and the cash flow on 100% <br /> occupancy, <br /> Please contact me if you would like to discuss these issues further. <br />