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���� � �' <br />the future will not be an issue. Cleanup will assist in economic development by <br />increasing the tax base of the area from nothing to over $50,000 per year. Without this <br />funding the school district will have a difficult time meeting its local match commitment, <br />and the tax base for this site will remain at $0 and the building will remain vacant. <br />Mounds View Independent School District has been woi°ki�g 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 property a reality. The projectis <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 commitmentletter. <br />Thank you for your consideration. Please feel free to call me or Daniel Colton from <br />Leonard, Street and Deinard at 612-335-1836if you have any questions or require <br />additional information. <br />Sincerely, <br />�� <br />