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GM-00;24-01 <br />This Application must be submitted in DUPLICATE <br />r, <br />MATE OF MINNESOTA <br />14INNESOTA 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 view , County of Ramsey , Minnesota <br />hereby applies to the Minnesota Energy and Economic 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 />Fib Kinder -Care Learning Centers, Inc. <br />Address 4505 Executive Park Drive . <br />City Montgomery State AL 36103' State of Incorporation Delaware <br />lt'lorne Briggs and Morgan - Bond Counsel <br />Address' 2200 First National Bank Building, St. Paul, MN 55101 <br />ii2re Of Project Kinder -Care Learning Centers, Inc. ' <br />This firm is engaged primarily in (nature of business): providing child learning _ <br />Tha funds received from the sale of the Industrial Revenue Bonds will be used to (general <br />nature of project): accuire 7anc� it ^} and equip thereon a child <br />learning and cay-care facili <br />it will be located in Mounds View, Minnesota <br />The total bond issue will be approximately b 900,000 to be applied toward <br />of costs now estimated as follows: <br />Acquisition, reconstruction, improvement, <br />betterment, or extension of project <br />Construction Costs <br />Equip,.ment Acquisition and Installation <br />Foes: Architectural, engineering, inspec- <br />ion, fiscal, legal, administration, or <br />,printing <br />Interest accrual during construction <br />Initial bond reserve <br />Contingencies <br />Bond discount <br />Other <br />70,000 <br />20,000 <br />0,000 <br />00 <br />