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7-25-1997 @:OSAM FROM MSP REAL. ESTATE. INC. : 612 336 4565 P. S <br /> . <br /> �+k�;,th; k, .Wd <br /> v • �"'S" �`.1i..5� r• ` � '�'. -.-,*•* <br /> C .r.�rp.T+s.�s7,+W'``t .,T oS[�t < :'x'-',-- . .t `�y ; j'j'tY <br /> MSP 0 <br /> real estate services inc <br /> July 24:'1997 <br /> Cathy Bennett <br /> City of Mounds View <br /> 2401 Highway 10 <br /> MoundView, MN 55112 <br /> RE: Silver Lake Commons <br /> Mounds View, MN <br /> Dear Cathy: <br /> Enclosed is a real estate tax analysis of the Red Oak Apartments comparing the existing tax <br /> rates to the new multi-family rates just enacted by the Legislature. We assumed that an Ak <br /> owner would choose the lowest tax capacity rate,since the existing rental structure and <br /> resident income levels already comply with the new legislative requirements. <br /> You also requested,information on Valley Farms Apartments -- an apartment community we <br /> rehabilitated in Westfield, Indiana. People you may wish to contact are as follows: <br /> Jack White Tyson Miller <br /> Building Commissioner Police Officer <br /> City of Westfield Westfield Police Department <br /> (317) 896-5577 (317) 896-5236 <br /> Sincerel <br /> _.,.....20407.-- <br /> Jeff <br /> • <br /> cathyb.ltr <br />