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. ain thou <br /> illa e <br /> Administrative Offices <br /> 3301 Silver Lake Road, St..Anthony, Minnesota 55418-1699 <br /> (612) 789-8881 FAX (612) 781-9323 <br /> October 17, 2000 <br /> Commissioner Mark Stenglein <br /> Hennepin County <br /> A-2400 Government Center <br /> Minneapolis, MN 55487 <br /> Dear Commissioner Stenglein: <br /> The City of St. Anthony and Independent'School District #282,are holding a public hearing on <br /> November 28, 2000 to consider a tax abatement of the Walbon Townhome property in <br /> Hennepin County and the Evergreen Townhome property in Ramsey County. The public <br /> hearing will be held at the St. Anthony City Hall at 7:00 PM. <br /> The City is proposing to issue abatement bonds in an estimated amount of$625,000. These <br /> funds would be targeted to assist in the redevelopment of Central Park. The bonds proposed to <br /> be issued would be for 15 years, based on the opinion that Ramsey and Hennepin Counties will <br /> not participate in the tax abatement with the City. The City is requesting a written response by <br /> each county, as required by law, that the county will or will not participate in the tax <br /> abatement prior to our November 28, 2000 public hearing. <br /> Thank you for your attention to this matter,.and if.you have any questions,or comments about <br />.. this proposal, please,feel free to contact me. <br /> Sincerely, <br /> Michael J. Mornson <br /> City Manager <br />