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Correspondence 1989-1992 Waldron
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Correspondence 1989-1992 Waldron
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•'' <br />� <br />0 <br />� <br />� �yi�iF <br />, ,: f'•. ( ',t.� '�'� .. ,.. <br />a kG�S^:. <br />� .' A.' r� . <br />, �,Y , <br />April 27, 1990 <br />Thomas Erickson <br />Dorsey and Whitney <br />2200 First Bank Place East <br />Minneapolis, NIl�t 55402 <br />Dear Tom: <br />You have requested information from, the City regarding the <br />composition of our tax increment districts. Roseville currently <br />has a�nunicipal development district which has been d�fined as <br />municipal development district #1. Z'hat particular district <br />encompasses approximately 2/3 of the City of Roseville. Within <br />that particular district, the City currently has 12 tax increment <br />financing distri�ts. You have previously received a letter from <br />our finance director discussing the anticipated surplus situation <br />that the City envisions with respect to these 12 districts. The <br />�unds from all of these districts are ��pooled'� within municipal <br />development district #1. We are proposing to utilize this <br />extensive pool to meet our obligations with respect to the <br />Rosedale Shopping Center agreement. <br />Please don't hesitate to contact me if you have any questions. <br />incerely, <br />� �i� <br />r ig A. Wa on <br />mmunity Development Direc�or <br />ity of Roseville <br />:cf <br />?C>(�U (AI�'!(: (:1:\''1'I�,1� I)l�[�'I�. • 1�Oti1;1'll.l.l: • �l[N�'1:�OT.� • ,ti,�l 13 • l�l?--l��)O-??t)U <br />
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