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3-27-1997 3:23PM FROM MSP REAL ESTATE, INC. 612 336 4565 P. 11 <br /> With all of these upgrades, rents will increase from their existing levels, but they should still • <br /> remain affordable to Mounds View's residents. The new rents we are proposing are as follows: <br /> One -bedroom $509 <br /> Two-bedroom $614 <br /> Three-bedroom $650 <br /> Four-bedroom $720 <br /> Detached garages $ 30 <br /> These rents are affordable to households earning $20,000 - $45,000/year, <br /> Our plans include a construction start in the Fall of 1997, so that units will be ready for <br /> occupancy from Spring to Summer of 1998. <br /> • <br /> jpro�.ltr <br /> • <br />