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STATE OF MINNESOTA <br />DEPARTMENT OF COMMERCE - SECURITIES DIVISION <br />APPLICATION <br />FOR APPROVAL OF MUNICIPAL INDUSTRIAL REVENUE BOND PROJECT <br />-- Date <br />To: <br />Minnesota Department of Commerce <br />Securities Division <br />500 Metro Square Building <br />St. Paul, Minnesota 55101 <br />The governing body of Little Canada County of Ramsey <br />Minnesota, hereby applies to the Commissioner of the State of Minnesota, <br />Securities Division of the Department of Commerce, for approval of this com- <br />munity's proposed municipal Industrial Revenue Bond Issue, as required by <br />Section 1, Subdivision 7, Chapter 474, Minnesota Statutes. <br />We have entered into preliminary discussions with: <br />FIRM Frank M. Frattalone <br />ADDRESS 102 W. County Road C <br />CITY Little Canada STATE Minnesota <br />State of Incorporation N/A <br />Briggs and Morgan 2200 First National Bank Bldg. <br />Attorney Bond Counsel AddressSaint Paul, Minnesota 55101 <br />Name of Project Frank M. Frattalone Project <br />This firm is engaged primarily in (nature of business): <br />grading <br />excavating and <br />The funds received from the sale of the Industrial Revenue Bonds will be <br />used to (general nature of project): construction of an approximately 4,400 <br />square ft. maintenance shop and office <br />It will be located in Little Canada <br />The total bond issue will be approximately $ 309,000 to be <br />applied toward payment of costs now estimated as follows: <br />Cost Item Amount <br />Land Acquisition and Site Development $ <br />Construction Contracts 309,000 <br />Equipment Acquisition and Installation <br />Architectural and Engineering Fees <br />Legal Fees <br />Interest during Construction <br />Initial Bond Reserve <br />Contingencies <br />Bond Discount '1 <br />Other <br />