Laserfiche WebLink
Thile project, will be located on approximately 1,*.56 acres • <br />Snelling Avenue onel-half mile norith of' Rosedale Shopping Center, <br />A legal description has, been supplieid, <br />3 <br />C'ys't ',Breakdown: <br />I <br />The applicant has, supplied the following cost breakdown of <br />the amount to be financed: <br />290 F 000 <br />3501000 <br />90 A? 000 <br />In addition, any and all citv expenses not specified above, <br />10 ft - <br />unpaic a,sselsismeint,s or assessments pend. inig but not yet levi ed will. <br />have to be ascertained and paid at the time of closing in accor� <br />dance, with the City's policyo <br />t 41 Economic Factiors : <br />it is eistiimiated tha,t there will be, approximately 21 new jobs <br />created by, the project at an annual payroll of approximately <br />$'16318,0,00 based on currently prevailing wageso A breakdown of the <br />positions, createdi by th�e various Portions of the project has been <br />slubmIL t,ted . <br />41 ry <br />5 Financ <br />Tax exempt Induistrial revenue financing over a 30 vear perio,-Z7 <br />Ii <br />is contemplated at an interest rate to be negotiated, F*rst <br />9 <br />Corporate Services, I'ncle has submitted, a l,eitter indicatil <br />the prio"ect, Gi ng that <br />I is economically feasibl its letter provides 'in <br />