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MAI <br />Incomeal not in excess o 11,0% of - median family <br />income <br />estimated <br />by the United Stateal Department of Housing and s • • 11 i <br />development the Roseville area..1 The designed <br />general public. The Project is thus qualified, under Minnesota <br />Statutest Section 4620* u d <br />Project, including property functionall� related and subordinate to <br />The provided • the Developer - Project, <br />hence there are no loans to OccupAnts or pirohl-libitions or limitations <br />on thie assumption of such, loans. <br />'There is a, demonstrable reed for the Project. It serves to <br />satisfy those needs identified in the City's, Housing Plan. <br />construction ofltbe Project and payment of the bonds,, A further <br />'breakdown of the prio,ject costs to be * from the proceeds of tb1-- <br />bonds will be set forth in detail in the • <br />the Minnestoa Housing Finance Agency. <br />