Laserfiche WebLink
NOV. 30. 2001 4: 08PV EHLERS & ASSOCIATES NO. 3468 P. 4/8 <br /> Ms.Jean Beirbaum, Taxpayer Services Department <br /> Hennepin County <br /> Page 2 <br /> November 30, 2001 <br /> Pursuant to the requirements of Minnesota Statutes, Section 469.175,the City of Orono City Council has, <br /> after public hearing,made the necessary findings and approved the establishment of Tax Increment Financing <br /> District No. 1-1. The City requests that the duration of the district be 25 years from the date of receipt by <br /> the City of the first increment. <br /> Please note that the district does not anticipate to contain commercial/industrial property,therefore <br /> the fiscal disparities provision does not apply to Tax Increment Financing District No. 1-1, <br /> Please return a copy of the County Certificate to me as soon as possible. If you have any questions regarding <br /> this matter, please feel free to call me at 651-697-8505. <br /> Sincerely, <br /> EHLERS &ASSOCIATES,INC. <br /> Mark Ruff <br /> Financial Advisor <br /> Enclosures <br /> cc: Ron Moorse, City of Orono <br /> Mike Gaffron,City of Orono <br /> Steve Rosholt, Faegre & Benson P.L.L.P. <br />