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7.4. SR 05-18-2015
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7.4. SR 05-18-2015
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5/15/2015 11:56:11 AM
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Staff's review assumes abating taxes of the entire property for 15 years. Based on the analysis provided by <br /> Springsted, it appears that GATR of Sauk Rapids, Inc.would not proceed with the project without <br /> assistance. <br /> Attachments <br /> • Springsted Analysis (April 23, 2015) <br /> • Tax Abatement Application <br /> In accordance with MN State Statute 3.591 BUSINESS DATA. Subdivision 1, the following data, <br /> that are submitted to a government entity by a business requesting financial assistance or a benefit <br /> financed by public funds, are private or nonpublic data: financial information about the business, <br /> including credit reports; financial statements;net worth calculations; business plans; income and <br /> expense projections;balance sheets; customer lists; income tax returns;and design, market, and <br /> feasibility studies not paid for with public funds are not included in this packet. <br /> N:APublic Bodies\Agenda Packets\05-18-2015\Final\x7.4 at2 GATR EDA Finance Committee Staff Reportdocx <br />
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