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2002-018 Council Resolution
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2002-018 Council Resolution
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Last modified
11/30/2015 1:09:45 PM
Creation date
11/30/2015 12:38:15 PM
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City Council
Council Document Type
Resolutions
Meeting Date
03/11/2002
Council Meeting Type
Regular
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Exhibit <br />Village of Lino Lakes <br />Economic Feasibility Study <br />Programmatic Information <br />SF/Units Value/Each Totals <br />Office 25,000 $0 $0 <br />Retail 78,000 $0 $0 <br />Apartments -rental 175 $0 50 <br />Townhomes-rental - 50 $0 <br />Senior Apartments -rental 95 $0 $0 <br />Townhomes-for sale 115 $0 50 <br />YMCA 50,000 50 $0 <br />Library Branch 6,000 50 50 <br />Hotel: Conference & Mtg, 75,000 $0 50 <br />Notes <br />Value Total Development $0 Total estimated assessed value for TIF purposes <br />Costs Current <br />Land $0 <br />Relocation $0 <br />Streetscape $0 <br />Soil Corrections $0 <br />Environmental $0 <br />Land Write -Down: $0 <br />Apartments $0 <br />Senior Housing $0 <br />Townhomes $0 <br />YMCA $0 <br />Library $0 <br />Retail $0 <br />Office $0 <br />Hotel $0 <br />Infrastructure $0 <br />Additional Costs $0 <br />Total $0 <br />Sources Current <br />TIF Income 50 <br />Proceeds from Land Sales: $0 <br />Apartments $0 <br />Senior Housing $0 <br />Townhomes so <br />YMCA $0 <br />Library $0 <br />Retail $0 <br />Office 50 <br />Hotel 50 <br />City Bond for Infrastructure $0 <br />City Bond for Land Under roads 50 <br />Grant: Met Council $0 <br />Grant: Others $0 <br />Assessments to Commercial 50 <br />Total Sources 50 <br />Gap: (need)/surplus $0 <br />Acqusgton of all parcels (public or private) <br />Relocation of existing residents or businesses <br />Sewer (sanitary & storm), water, streets, utttltles <br />Total Project: (PubIlc & Private) <br />Total Sources: (Public & Private) <br />Cash Model: Gap that will need to be flnancedfbrldged <br />11/11 'd M1'011 wd175:1 zaa 'Sl'ga� <br />
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