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. Lew DORSEY & WHITNEY LLP • MINNEAPOLIS PILLSBURY CENTER SOUTH BRUSSELS NEW YORK 220 SOUTH SIXTH STREET COSTA MESA SEATTLE MINNEAPOLIS,MINNESOTA $$402-1498 BILLINGS DENVER. TELEPHONE: (612) 340-2600- FARCo WASHINGTON,D.C. - - HONG KONG FAX: (612) 340-2868 NORTHERN VIRGINIA GREAT FALLS DES MOINES ROCHESTER LONDON TOKYO ANCHORAGE JEROME P.GILLIGAN MISSOULA SALT LAKE CITY (612)340-2962 VANCOUVER Fax(612)340-2644 gilligan.jerome@dorseylaw.com December 22, 2000 County Auditor Ramsey County 15 West Kellogg Boulevard 20 Courthouse St. Paul, Minnesota 55102 School District Clerk Independent School District No. 282 3303 33rd Avenue N.E. St. Anthony, Minnesota 55418 Re: Proposed Amendment to Tax Increment Financing Plan for Chandler Place Tax Increment District (Ramsey County No. 58) St. Anthony Housing and Redevelopment Authority Ladies and Gentlemen: The St. Anthony Housing and Redevelopment Authority (the "HRA") is . considering amendments to the Tax Increment Financing Plan previously approved by the HRA which established the Chandler Place Tax Increment District(Ramsey County No. 58) of the HRA (the "Chandler District") pursuant to the provisions of Minnesota Statutes, Chapter 469. The purpose of the amendments to the Tax Increment Financing Plan is to identify property to be acquired by the HRA with tax increment revenue from the Chandler District. The amendments will not include any additional property in the Chandler District. The amendments will amend the budget for the Tax Increment Financing Plan for the Chandler District to authorize the additional expenditure by the HRA of up to $600,000 from excess tax increment derived from the Chandler District to acquire property located at 2654 • Kenzie Terrace in the City. Enclosed is a draft of the proposed amendments which is being