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ALLISON-WILLIASIS COSIPANY <br /> <br /> I.A'V E S T,~'I E.A' T BA,~'KE RS <br /> <br /> 2300 IDS CENTER <br /> <br />~II,WNEAI]'OLI,~, ~'[I~'W:NEHOTA 55402 <br /> <br />October 13, 1987 <br /> <br /> RECEIVED <br />OCT I 3 1987 <br /> <br />Ms. Anne Norris <br />15153 Nowthen Blvd. <br />Ramsey, MN 55303 <br /> <br />Dear Anne: <br /> <br />I am currently working with Shelter Ventures, a <br />partnership, owners of the building located at 6043 West <br />10. The Partners are Lyle McLaughlin, William. Howard, <br />Ramsey and Keith Wingard. <br /> <br />general <br />Highway <br /> Robert <br /> <br />Shelter Ventures has an interest in selling this bUilding to a new <br />partnership which will purchase and remodel this facility. The <br />new partnership would request the City to issue approximately <br />$1,200,000 in Industrial Development Revenue Bonds. The proposed <br />sale price is approximately $900,000, and upgrading of the <br />building is estimated to be approximately $150,000, plus soft <br />costs. <br /> <br />As soon as we can identify all of the partners in the new <br />partnership, we will make a formal application to the City. In <br />the meantime, feel free to call with any questions. <br /> <br />Sincerely, <br /> <br />Vice President <br /> <br />DGK: sck <br /> <br /> <br />