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cl' <br /> OFFICE OF THE COUNTY ATTORNEY 45. i C <br /> RAMSEY COUNTY ,0 <br /> tex <br /> SUITE 400 <br /> 350 ST.PETER STREET •,,HcS�/'a <br /> TOM FOLEY ST.PAUL,MINNESOTA 55102 ' 8' TELEPHONE(612)298-4421 <br /> COUNTY ATTORNEY FAX 298-5316 <br /> April 11 , 1990 <br /> Donald F. Pauley <br /> Clerk-Administrator <br /> City of Mounds View <br /> 2401 Highway 10 <br /> Mounds View, MN 55112 <br /> Re: Request for Wavier of 1990 Interest Payment on <br /> Prepaid Assessments due on the Property for <br /> the Mounds View Library <br /> Dear Mr. Pauley: <br /> In response to your previous letter concerning the above- <br /> referenced subject matter that was discussed at the January 16 • <br /> session of the Mounds View City Council , you may be advised as <br /> follows . The amount of interest that would be waived by the City <br /> of Mounds View, if the City of Mounds View should approve the <br /> Library Board' s request as set forth in its letter of January 3 , <br /> 1990 , would be the sum of $2,933 .74 . This amount of interest , <br /> along with principal on the amount of $8 ,991 .84 , was put in a <br /> prepayment account with the Ramsey County Taxation Department . I <br /> am enclosing a letter dated November 1 , 1989 from Chris Samuel , <br /> Supervisor, Tax Accounting section of the Ramsey County <br /> Department of Taxation and Records listing the components of the <br /> above amounts and their total of $11 ,925 .58 . <br /> The reason the closing on the property was delayed until <br /> after October 16 , was as a result of the routine amount of time <br /> it took to obtain the necessary approvals for the project (which <br /> were a condition precedent to the purchase of the land) and the <br /> necessity of accommodating the schedules of the various <br /> individuals involved in the closing , while providing the <br /> necessary documentation to the parties at the closing regarding <br /> closing related costs. <br />