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<br /> <br />The tank and area for the tank use was examined by the fire inspector and <br />deemed acceptable in meeting city/state regulations for the project. <br /> <br />Due to the time that had lapsed since the tank was last in use, it was also <br />inspected by Minnesota Petroleum. Upon inspection it was suggested that we <br />have the tank cleaned. This process entails steam cleaning the inside of the tank <br />and purging to make sure there are no contaminants. The cost of the cleaning is <br />an estimated $900.00. Furthermore, there would be a need for a licensed <br />electrician to do the simple hook up for power and that was estimated at $100.00 <br />or less. <br /> <br />We priced unleaded fuel to be used in the tank through our diesel supplier (Dehn <br />Oil) and it would cost $2.45.9 per gal (Rate as of 1/23/08). We would pay federal <br />tax of 18.4 cents and state tax of 20.0 cents per gallon. The City of Mounds View <br />would be reimbursed for these taxes. <br /> <br />Finally, it should be noted that there would not be any additional insurance <br />premiums involved with the re-installation and use of this tank. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />