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STAFF REPORT <br />PAGE 2 <br />NOVEMBER 1, 1993 <br />Bob Thistle from Springsted will be present at Monday's special <br />work session (5:30 p.m.) to review the projections with y <br />ou and <br />inform the Council on current bond issues and municipal development <br />projects. <br />Please note Attachment C which outlines the costs Everest states <br />that they currently have in the Waste property (this is the Multi - <br />Tech expansion site). The amount, $1,963,111 willbe lus ore than <br />offset by the purchase, by Multi -Tech - $1,982,723 p $ <br />additional soil correction costs. If Multi-Tech's purchase price <br />is reduced to $3.50/sq. ft., the amount recouped 6 offset <br />Everest's costs will be reduced to $1,632,830 plus $0,000 in <br />additional soil correction dollars. <br />Attachment D is Everest's cost analysis for Buildings M & N. For <br />Building M, Everest will receive $149,500 ($1.30/sq. ft.) from C.G. <br />Hill and $172,500 for a total of $332,000. For Building N, the City <br />will rovide totalprevenues htoeEverest ufor dBuildings �M9& N$is5$782,192.) The <br />