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- -- East Metropolitan Joint Venture Proposal - --
<br />Funding
<br />The following are the sources to fund the above effort:
<br />Communities: Minimum contribution - $2,500
<br />Average contribution . $3,500
<br />Major
<br />Corporations: Minimum Contribution - $5,000
<br />Average Contribution - $6,000
<br />- Utilities
<br />- Newspaper
<br />- MaJor corporations
<br />- Real estate development firms
<br />- Commercial real estate firms
<br />- Financial Institutions
<br />Small Corporations/
<br />Land Owners: Minimum Contribution - $ 500
<br />or $10 /acre.
<br />Yearly Funding
<br />Group x Q $ 1987 1988 1989
<br />MINIMUMS
<br />Communities 16 @ 2,500 40,000 40,000 40,000
<br />MaJor Corps 6 @ 5,000 30,000 30,000 30,000
<br />Small Corps 20 19 500 10,000 10,000 10,000
<br />TOTAL 42 80,000 80,000 80,000
<br />AVERAGE
<br />Communities 18 @ 3,000 54,000 54,000 54,000
<br />Major Corps. 10 @ 5,500 55,000 55,000 55,000
<br />Small Corps. 25 69 500 12,500 12,500 12,500
<br />TOTAL 53 121,500 121,500 121,500
<br />HIGH
<br />Communities 20 @ 3,500 70,000 70,000 70,000
<br />Major Corps. 15 ® 6,000 90,000 90,000 90,000
<br />Small Corps. 40 I 500 20,000 20,000 20,000
<br />TOTAL 75 180,000 180,000 180,000
<br />With the exception of the Assistant position, the Saint Paul
<br />Area Chamber of Commerce will provide staff salaries and
<br />overhead for the forseeable future.
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<br />Revision 7, 11/17/86, Page 8
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