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<br /> <br /> <br />James R. Casserly <br />jcasserly@krassmonroe.com <br />Direct 952.885.1296 <br /> <br /> <br />MEMORANDUM <br /> <br /> <br />To: City of Roseville HRA <br /> Attn: Cathy Bennett, Executive Director <br /> <br />From: James R. Casserly, Esq. <br /> <br />Date: December 29, 2006 <br /> <br />Re: TIF Application Form and Letter Agreement <br /> <br /> <br /> <br /> <br />Attached please find an Appli cation for Tax Increment Assist ance and a form of a Letter <br />of Agreement. The Application is easily revised to include whatever additional <br />information the HRA deems necessary. The Letter of Agreement serves several <br />purposes, including getting a deposit and providi ng for a release and indemnification. <br /> <br />Please keep in mind these documents are nor mally used when it is a developer initiated <br />request. If the City is initiating the project and is seeking developer participation, then an <br />alternative process would normally be followed. <br /> <br />Neither of these documents addresses any tax increment financing policies or guidelines. <br />Clearly, that is the subject of a separate discussion. <br /> <br />Let me know if we can provide you with a ny additional assistance in this matter. <br /> <br />JRC/kmw <br />Attachments <br /> <br /> <br />G:\WPDATA\R\ROSEVILLE HRA 11637\01\COR\BENNETT JRC.DOC <br />