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THE EVEREST GROUP LTD • <br /> may 4 t taw <br /> Chuck Whiting <br /> Clerk-Administrator <br /> CITY OF MOUNDS VIEW <br /> 2401 Highway 10 <br /> Mounds View, MN 55112-1499 <br /> Cathy Bennett <br /> Economic Development Coordinator <br /> CITY OF MOUNDS VIEW <br /> 2401 Highway 10 <br /> Mounds View, MN 55112-1499 <br /> 111 <br /> Re: MOUNDS VIEW BUSINESS PARK - BUILDING N <br /> REQUEST FOR TIF ASSISTANCE <br /> Dear Chuck and Cathy: <br /> The Everest Group ("Everest") proposes the construction of "Building N", an <br /> approximate 103,000 SF office/warehouse/manufacturing facility on <br /> approximately 6.89 acres (300,038 SF) of land located on Program Avenue <br /> adjacent to the east of the C.G. Hill & Sons facility, the Mounds View Inn Motel, <br /> and McDonald's Restaurant. Everest requests that the City of Mounds View (the <br /> "City") provide pay-as-you go TIF assistance in connection with the development <br /> of Building N. <br /> Participation in the Building N project presents a two-fold opportunity for the City <br /> and Everest - the opportunity to attract a substantial new company to Mounds <br /> View Business Park, and the opportunity to retain an important existing Mounds <br /> View company within the Business Park. <br /> S <br /> 2665 Long Lake Road <br /> Suite 330 • Roseville, MN 55113 <br /> (612) 636-5500 Fax:(612) 636-0183 <br />