Laserfiche WebLink
,Q AK. <br /> tyof <br /> lkRi• <br /> ver <br /> August 23, 1993 <br /> 0%0 <br /> Mr. Michael L. Wilber <br /> McLean Midwest <br /> 4000 83rd Avenue North <br /> BrooklynPark, MN 55443 <br /> RE: Incentive Proposal From the City of Elk River <br /> Dear Mike: <br /> As an expression of Elk River's interest in assisting McLean <br /> Midwest with its expansion in our community, the City Council <br /> wishes to affirm the availability of certain incentive <br /> programs . This proposal was authorized by the City Council at <br /> its August 23, 1993 meeting. <br /> The City or its Economic Development Authority (EDA) will <br /> provide Tax Increment Financing assistance to completely cover <br /> the costs of the following items : <br /> Eligible Items Estimated Costs <br /> Land Acquisition (Pending) <br /> (Land write down) <br /> Environmental Analysis <br /> (Phase I and/or Phase II-if necessary) $ 5,000 <br /> Soil Borings and Analysis $ 5,000 <br /> Civil and Survey; Plat $ 10,000 <br /> Streets $135,000 <br /> Water and Sewer Extensions <br /> (Off site) Trunk $ 76,000 <br /> Lateral $ 32,500 <br /> Water and Sewer Extensions $ 25,000 <br /> (On site) <br /> Other, Misc. Add 10% <br /> • TOTAL $ <br /> P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />