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8;E.SEVENTH PLACE,SUITE 100 17 <br /> SAINT PAUL,`IN 55101-2887 <br /> 651-223-3000 FAX:651-223-3002 SPRINGSTED <br /> • Public Finance Advisor; <br /> EXTERNAL MEMORANDUM <br /> TO: Mike Mornson, City Manager <br /> FROM: Bob Thistle <br /> DATE: February 24, 2000 <br /> SUBJECT: Potential Revenue Sources for City of St. Anthony Village's Capital Projects <br /> In response to your request regarding examining the funding options for the capital projects <br /> under consideration, I have met with Roger Larson. The following are our preliminary thoughts: <br /> • Flood Mitigation Project <br /> Projected Cost: $ 10,090,000 <br /> Projected Revenues: <br /> Street Improvement Bonds (1,700,000) <br /> Minnesota State Aid Bonds (800,000) <br /> Storm Sewer Bonds/Utility Fund Bonds (2,040,000) <br /> Government Grants (850,000) <br /> DNR Funds (2,000,000) <br /> DNR 2000 Legislative Funding Request (2,700,000) <br /> Unfunded Balance -0- <br /> This funding package assumes the City will receive legislative support this session. If this does <br /> not happen, there would be a significant impact on the Flood Mitigation and other proposed <br /> projects. <br /> SANT PAUL.MN • MINNEAPOLIS,MN • MILWAUKEE.WI • OVERLAND PARK.KS • WASHINGTON,DC • DES MOINES.IA <br />