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LAW OFFICES <br /> BRIGGS AND MORGAN <br /> PROFESSIONAL ASSOCIATION <br /> • <br /> 2200 FIRST NATIONAL BANK BUILDING <br /> SAINT PAUL,MINNESOTA 55101 <br /> TELEPHONE (612) 223-6600 <br /> FACSIMILE (612) 223-8450 <br /> MINNEAPOLIS OFFICE <br /> July 21, 1995 2400 I D S CENTER <br /> WRITER'S DIRECT DIAL NUMBER MINNEAPOLIS,MINNESOTA 55402 <br /> TELEPHONE 10121 834-8400 <br /> FACSIMILE 18121 334-8050 <br /> (612) 223-6420 <br /> VIA FACSIMILE <br /> Samantha Orduno <br /> City Administrator <br /> City of Mounds View <br /> Mounds View City Hall - <br /> 2401 Highway 10 <br /> Mounds View, Minnesota 55112 <br /> Cathy Bennett <br /> Economic Development Coordinator <br /> City of Mounds View <br /> Mounds View City Hall <br /> 2401 Highway 10 <br /> Mounds View, Minnesota 55112-1499 <br /> Re: Highway 10/Long Lake Road Pedestrian Bridge <br /> Dear Samantha and Cathy: <br /> You've asked whether the City could use tax increments from its Development <br /> District Nos. 1, 2 and 3 (and the tax increment districts therein), which as you may recall we <br /> consolidated and modified as of May 9, 1994, into something that was redesignated as the <br /> "Mounds View Economic Development Project". <br /> I understand that the City expects to receive a federal grant for a sizeable portion of <br /> the cost of this bridge but that perhaps $185,000 would have to be funded from City sources, <br /> and that's where the tax increment question arises. <br /> For the reasons outlined below, I think the answer is yes, assuming that the Council <br /> believes that such an expenditure and the completion of that project would indeed be in <br /> furtherance of one or more of the goals and objectives of the "Project Plan" for these <br /> districts. <br />