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CC WORKSESSION 06152020
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CC WORKSESSION 06152020
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6/10/2020 3:52:27 PM
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Attachment to Memo for TIF Workshop – June 15, 2020 <br /> <br /> <br /> <br />Total Project TIF Eligible Costs Cost <br />1 Land Cost - (@ $17k/unit, 125 units)2,125,000$ <br />2 Landscaping - In Excess of Normal 183,440$ <br />3 Underground Storm Water Tank 432,430$ <br />4 Repave Connection on Stinson Parkway 96,709$ <br />5 Cost of Surface Parking Space 292,725$ <br />6 Cost of Underground Parking Space 2,467,646$ <br />7 All sidewalks on the property 209,596$ <br />8 Cost of driveway from Kenzie 142,730$ <br />9 Soil Cleanup 137,740$ <br />10 Demolition of the buildings 63,610$ <br />11 Rework Site Utilities from Minneapoilis to St.A 500,000$ <br />12 Affordability for 5% of Units 689,251$ <br />*Total TIF Eligible Costs of Project 7,340,877$
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