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<br />MINNESOTA BEVERLY ACQUISITION <br /> <br />Allocation of Bond Proceeds for Capital Improvements. by Facility <br /> <br />Facility <br /> <br /> <br />Angelus Convalescent Center <br />Bloomington Nursing Home <br />Central Care Center <br />Chateau Healthcare Center <br />Delano Healthcare Center <br />Excelsior Nursing Home <br />Hopkins Health Care Center <br />I ealth Care Cent <br />Lake Ridge Healt care Center <br />va escent om <br />Linden Health Care Center <br />Long Lake Nursing Home <br />Lynnhurst Health Care Center <br />Lynwood Health Care Center <br />Metro Care Center <br />Osseo Health Care Center <br />St. Louis Park Plaza Health Care Center <br />Twin Rivers Care Center <br /> <br />$ 140,000 <br />140,000 <br />120,000 <br />100,000 <br />115,000 <br />200,000 <br />100,000 <br />215,000 <br /> <br />-~ <br /> <br />_~~c_-__·_··- <br /> <br />"--'- <br /> <br /> <br />Tota 1 <br /> <br />, <br />1 , 0 <br />100,000 <br />125,000 <br />113 sOOO <br />102,000 <br />50,000 <br />180,000 <br />100,000 <br />150,000 <br /> <br />$2,350,000 <br /> <br />This schedule is for the purpose of allocating bond proceeds to the appropriate issuing <br />municipality only. The entire $2,350,000 expenditure will generate additional property <br />reimbursement available for debt service. This is possible because the capital <br />improvements above will be combined with capital improvements currently underway in the <br />facil ities as well as money from operations designated for capital improvements so that <br />all facilities will exceed the 10% reimbursement threshold. <br />