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03-11-1981 Council Agenda
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03-11-1981 Council Agenda
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CITY OF LITTLE CANADA <br />INDUSTRIAL REVENUE FINANCING <br />APPLICANT'S DATA <br />1. Applicant: <br />a. Business Name. Yorkton Industrial Park North - Group II - 0 tarry IPP <br />b. Business Address. 2345 Rira Straat <br />c. Business Form (corporation, partnership, sole <br />y yLietorship, etc.): Partnership <br />d. State of Incorporation or OLgamv zation: Minnesota <br />e. Authorized Representative: 0 tarry Ira <br />f." Mane: (612) 484 -9000 <br />g. Names) and Addresses of Major Stockholders or <br />Principals - <br />(1) 0. Larry "Lee (4) Robert Carlson <br />(2) Paul Pribula (5) Gerald Guimont <br />(3) Stephen Fignar <br />2. Primary Nature of Company's Business: <br />and commercial building <br />3. Total Amount of Industrial Revenue Bond Issue <br />Requested: $2,205,000.00 <br />Cost Breakdown: <br />Developing and leasing industrial <br />Bldg. .E Bldg. F Bldg. G <br />Land Acquisition & Site Develop: t $151,335. $151,335. $151,335. <br />Construction Contracts 495,345. 495,345. 495,345. <br />Equipment Acquisition and Installation - -- <br />Architectural and Engineering Fees 13,400. 13,400. 13,400. <br />T'gal Fees 12,500. 12,500. '12;500. <br />Interest During Construction 27,000. 27,000. 27,000. <br />Initial Bond Reserve - -- - -- - -- <br />• .Contingencies 10.000. 10 000 10,000 <br />Bond Discount or Underwriter 13;400. 13:400. 13:400. <br />:city Bond Consultant 12.000. 12.000 12.000 <br />City Morin strative Expenses <br />Financing Commitbmnt & Service Fees <br />0 i <br />10 <br />$735,000. $735,000. $735,000. <br />
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