HomeMy WebLinkAbout1989-07-25 NAC Ltr to Briggs & Morgan northwest associated consultants, inc.
25 July 1989
Ms. Mary Ippel
Briggs and Morgan
2200 First National Bank Building
St. Paul, MN 55101
RE: Oak Park Heights - St. Croix Mall TIF
FILE NO: 798.02 - 89.09
Dear Mary:
Below is an estimated annual payment schedule for the above
project. Bob Voto prepared the estimate. The annual payment
increases with time despite the economic adjustment factor
because fie fashioned in an inflation factor.
Assistance Available
Taxable - Payable to Developer
1991 -92 $ 99,060
1992 -93 100,960
1993 -94 102,896
1994 -95 104,870
1995 -96 106,882
1996 -97 108,932
1997 -98 110,020
1998 -99 113,150
$847,770
Please call with any questions.
Sincer lV,
NOR` EST ASSOCIATED CONSULTANTS, INC.
Dan Wilson
Project TIF Consultant
4601 excelsior blvd., ste. 410, minneapolis, mn 55416 (612) 925 -9420 fax 925 -2721