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Agenda Packets - 1984/10/22
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Agenda Packets - 1984/10/22
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3/19/2025 2:22:54 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/22/1984
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G4-00424-01 <br />This Application must be submitted in DUPLICATE <br />A OF Ii1NN S A <br />MINNESOTA ENERGY AND ECONOMIC DEVELOPMENT AUTHORITY <br />Application <br />For Approval of Municipal Industrial Revenue Bond Project - <br />To: Minnesota Energy and Economic <br />Development Authority <br />480 Cedar St., Rm. 100 Hanover Bldg. <br />St. Paul, Minnesota 55101 <br />The governing body of Mounds Viejo , County of Ramsey Minnesota <br />hereby applies to the Minnesota Energy and conomic Development Authority of the State of <br />Minnesota for approval of this community's proposed Municipal Industrial Revenue Bond issue as <br />required by Minn. Stat. 5474.01, Subd. 7a. <br />We have entered into preliminary discussions with: <br />Fin Kinder -Care Learning Centers, Inc. <br />Address 4505 Executive Park Drive <br />City Montgomery State AL 36103' State of Incorporation Delaware <br />Briggs and Morgan - Bond Counsel <br />Address, 2200 First National Bank Building, St. Paul, MN 55101 <br />to-e of Project Kinder -Care Learning Centers, Inc. <br />This firm is engaged primarily in (nature of business): providing child learning <br />The, funds received from the sale of the Industrial Revenue Bonds will be used to (general <br />nature Of, project): acquire lance and construct and equip thereon a child <br />learning and cay-care facili <br />It will be located in Mounds View, Minnesota <br />total bond issue will be approximately S_ <br />costs now estimated as follows: <br />Acquisition, reconstruction, improvement, <br />betterment, or extension of project <br />Construction Costs <br />Equipment Acquisition and Installation <br />Fees: Architectural, engineering, inspec- <br />tion, fiscal, legal, administration, or <br />printing <br />Interest accrual during construction <br />Initial bond reserve <br />Contingencies <br />Bond discount <br />Other <br />400,000 _P to be applied toward <br />70,000 <br />?(zn,000 <br />_3.O.000 <br />20.000 J <br />0,000 <br />00 <br />
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