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09-07-2021 EDA Packet
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09-07-2021 EDA Packet
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11/4/2021 11:21:36 AM
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11/4/2021 11:09:05 AM
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EDA
EDA Document Type
EDA Packet
Meeting Date
09/07/2021
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<br /> G-1 <br />EXHIBIT G <br />COMPLIANCE CERTIFICATE The undersigned officer of Lyngblomsten at Lino Lakes, LLC, a Minnesota limited liability <br />company (the “Developer”), does hereby certify that as of the date of this Certificate not less than <br />twenty percent (20%) of the residential units in the Senior Housing Units (as defined in the Amended and Restated Contract for Private Development, dated ___________________, 2021, between the Lino Lakes Economic Development Authority and the Developer are occupied by individuals whose income is fifty percent (50%) or less of the area median gross income. Attached <br />hereto are the vacancy rate and the income verifications used to establish the above conclusions <br />broken down by unit type and size. Dated this ____ day of _________________, 20___. <br /> <br />LYNGBLOMSTEN AT LINO LAKES, LLC <br />By <br /> Its
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