Laserfiche WebLink
• the development of the industrial property. As such, the EDA could control this site with all <br /> costs paid by the commercial development. <br /> SUMMARY <br /> The estimated development costs, future sales prices, and development schedule are <br /> preliminary at this stage. It is clear, however, that the costs do not justifythe investment and <br /> p rY 9 <br /> prospective return. This proposal provides the opportunity for the EDA to assure the viability <br /> of this commercial development and to promote the development of the adjacent industrial <br /> property. <br /> Sincerely, <br /> PELSTRING CAPITAL CORPORATION <br /> Patrick W. Pelstring, Partner <br /> cc: Tony Gleekel, Siegel, Brill, Gruepner, Duffy & Foster <br /> • Mathias Fischer, Associated Developers of the Twin Cities <br /> Kaare Birkeland, Centres Group, ltd. <br /> • <br /> • <br />