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Agenda - Council - 06/09/2015
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Agenda - Council - 06/09/2015
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3/17/2025 4:05:27 PM
Creation date
1/15/2016 2:53:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/09/2015
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vv-'� <br />\�7,0 k <br />The Cavanagh- Sources Of Funds <br />■ 1st Mortgage- Tax <br />Exempt Bonds <br />■ TIF- City of Crystal <br />I Tax Credit Equity- Private <br />Investors <br />e Waiver Of SAC Fees- City <br />Of Crystal <br />[l Deferred Developer Fee - <br />Dominium <br />The Cava na h - Sources Of Funds <br />1st Mortgage- Tax Exempt Bonds $ <br />13,350,000 <br />56.24% <br />TIF- City of Crystal <br />950,000 <br />4.00% <br />Tax Credit Equity- Private Investors <br />6,490,330 <br />27.34% <br />Waiver Of SAC Fees- City Of Crystal <br />129,929 <br />0.55% <br />Deferred Developer Fee - Dominium <br />2,819.317 <br />11.88% <br />Total $ <br />23,739,576 <br />100% <br />
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