12-14-2022 Council Packet - Laserfiche WebLink

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SWORN APPLICANT STATEMENT APPLICATION FOR ALLOCATION OF BONDING AUTHORITY FOR RESIDENTIAL RENTAL PROJECTS THE UNDERSIGNED is the mayor or chief administrator of the City of Little Canada . State of Minnesota (the “Applicant”) and hereby makes the following statements in support of its Application for Allocation of Bonding Authority for Residential Rental Projects, dated January 3,2022_______________; 1. 2. 3. The Applicant is requesting allocation under Minnesota Statutes, Chapter 474A, Minnesota Bond Allocation Act, for a residential rental project to be known as Twin Lake Apartments___(the “Projecf’) being undertaken by Twin Lake Limited Partnership**_____(the “Developer”). The project is, or will be, located at the northwest corner of Twin Lake Boulevard and Bankers Drive, in the City_________ of Little Canada, Minnesota.________[provide Street address or, if none yet, reference to boundary streets]. The project meets or will meet all of the criteria specified in the applicable provisions of Minnesota Statutes, Section 474A.02, including but not limited to subdivisions la, lb, 21a and 30 to 33,* and thereby qualifies for designation as a: □ Preservation project B 100 percent LIHTC project □ 30 percent AMI residential rental project □ 20 percent LIHTC project □ 50 percent AMI residential rental project □ Other residential rental project *See page 2 of this Sworn Applicant Statement for the definition of each type of project. 4. The reasonably expected aggregate basis of the project and the land on which the project is or will be located is $ see attached________. Therefore, the aggregate bond limitation for the project, representing 55 percent of the reasonably expected aggregate basis, is $ see attached________, {Alternatively, the Applicant may attach a sworn certification from its certified public accountant attesting to the reasonably expected aggregate basis.) I hereby declare that the information contained in this Sworn Statement is true and correct. City of Little Canada _, a political subdivision of the State of Minn Title: City Administrafor Dated: December IS, 2021 STATE OF MINNESOTA ) ) ss COUNTY OF RAMSEY ) The foregoing instrument was acknowledged before me this day of December______^ 2021 ^ by City Administrator______________the City Administrator______________, of the City of Little Canada a political subdivision of the State of Minnesota. HEIDI L HELLER NOTARY PUBLIC - MINNESOTA My Commission Expires Jan, 31,2025 *Or an affiliate of Reuter Walton Development, LLC MMB Form S-Rental, Last Revised Deeember 2019 Page 1 of2