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� <br />! <br />�� <br />� <br />����� '� <br />be performed to a residential standard, consistent with the end use of the site, and at a <br />level where additional cleanup in the future will not be an issue. Cleanup will assist in <br />economic development by increasing the tax base of the area from nothing to over <br />$50,000 per year. Without this funding the school district will have a difficult time <br />meeting its local match commitment, and the tax base for this site will remain at $0 and <br />the building will remain vacant. <br />Mounds View Independent School District has been working diligently with Minnesota <br />Pollution Control Agency, its environmental consultants, the developers, and now the <br />various funding sources to make this revitalization of its properly a reality. The project is <br />destined to succeed if funding is received. The developers on board are committed to <br />completing the project and have indicated as much by executing a purchase agreement <br />and signing a commitment letter. <br />Thank you for your consideration. Please feel free to call me or Daniel Colta� from <br />Leonard, Street and Deinard at 612-335-1836 if you have any questions or require <br />additional information. <br />gi <br />�5 <br />