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s <br />August 11, 1985 <br />City of Roseville <br />Director of Economic Development <br />2660 Civic Center Drive <br />Roseville, Minnesota 55113 <br />ATTN: Craig Waldron <br />Dear Mr. Waldron: <br />Box 96 <br />Newport, MN 55055 <br />(612)459-4089 <br />In the process of completing our residential development on <br />Victoria in Roseville, Minnesota, we have found a number of <br />unexpected costs that are jeopardizing the completion of our <br />project. <br />These costs were an unknown to us as we began planning this <br />residential rental community and involves cost's incurred for <br />looping a water main, erecting a six foot barrier fence, <br />acquiring additional land from adjoining property owners, <br />construction of a paved fire lane, and construction of on - <br />site storm sewer. <br />Since these costs are extraordinary to this residential <br />development, we are requesting the City of Roseville assist <br />us with $125,000 of Tax Increment Financing to pay for this <br />expense. <br />tie feel the addition to the City of Roseville of $1.800,000 <br />of residential rental property is worth this expense. <br />Sin <br />6--,,r4x-Q <br />JAJ/tl <br />