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I`/ OF LITTLE CANADA Minn. 55117 <br />Lie Canada Road. LittP Canada, <br />ceived From <br />dre <br />RECEIPT <br />No 10490 <br />194L? ,AeDwgi <br />The governing body of the City of Little Canada , County of Ramsey <br />Minnesota, hereby applies to the Commissioner of the State of Minnesota, Department <br />of Energy, Planning and Development, for approval of this community's proposed <br />municipal Industrial Revenue Bond Issue, as required by Section 1, Subdivision 7, <br />Chapter 474, Minnesota Statutes. <br />We have entered into preliminary discussions with: <br />Firm Forster - Matson Properties <br />Address 933 West Minnehaha <br />City Saint Paul State Minnesota 55104 <br />State of Incorporation Minnecnfn general pa rt-nerChip <br />Attorney Briggs and Morgan, P.A. Address St. Paul, MN <br />Name of Project Flameburger Restaurant Project <br />This firm is engaged primarily in (nature of business): owning and <br />operating restaurants <br />The funds received from the sale of the Industrial Revenue Bonds will be used to <br />(general nature of project): construct and partially equip a <br />restaurant facility <br />It will be located in Little Canada <br />The total bond issue will be approximately $ 240,000 to be applied <br />toward payment of costs now estimated as follows: <br />Cost Item Amount <br />Land Acquisition and Site Development $ <br />Construction Contracts 210,000 <br />Equipment Acquisition and Installation <br />Architectural and Engineering Fees 5,000 <br />Legal Fees 8,000 <br />Interest during Construction 10,000 <br />initial- Bend -12ese ve Bank fees 6,000 <br />Contingencies <br />Bond—Disc-aunt Placement fee 2,000 <br />Other- City fee 1,500 <br />