Laserfiche WebLink
Roseville City Council <br />City Hall <br />2660 Civic Center Drive <br />Roseville, Minnesota 55111 <br />To The Members of The Roseville City Council: <br />As a significant taxpayer in this community, NCR Comten would like to <br />voice a strong obJection to our decision related to granting Industrial <br />Revenue Bonds to Fine Associates. While we do not specifically oppose <br />the development project of Fine Associates on Snelling Avenue, we do <br />strongly oppose the fact that you are not requiring applicants to submit <br />Certified Audited Financial Statements to obtain IRB's. <br />If Industrial Revenue Bonds are going to be used in the City of Roseville:, <br />we think that prudent fiduciary requirements and guidelines should be <br />adhered to in every aspect. Because of its lack of experience In this <br />matter, we believe that the City Council should proceed with caution for <br />IRB financing in the Roseville Community. <br />Hopefully, the City Council will reverse their decision and require <br />Fine Associate ' s. or any other IRB applicant, to provide audited state� <br />ments and to meet all of the normal fiduciary requirements, <br />Thank you for your consideration. <br />! <br />Effamagm <br />