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Ramsey Plaza Ass. <br /> <br />Feb. 19, 1987 <br />5961 167th Ave. N. W. <br />Ramsey, Minn <br /> <br />Anne Norris <br />City of Ramsey <br />15153 Nowthen Blvd. <br />Ramsey, Minn. 55303 <br /> <br />RE: Rum River Hills Plaza <br /> <br />This letter is to follow up on our conversation regarding m~ proposed shopping <br />center on the corners of Highway ~7 and 167th Ave. N. W. in Ramsey. <br /> <br />We are planning on building a 21 ,O00 sq. ft. strip center across from the <br />Northern Bank and Super Valu. <br /> <br />It will be a cement block building with a brick front. <br /> <br />We estimate the total cost of the construction to be approx. 650,000.00 dollars, <br />with completion being Oct. 1987. We .estimate an additional 100-125 new Jobs will <br />be created with' %~is pro'ject. <br /> <br />We are making a formal request for Tax Increment Financing for this project. <br /> <br />The following is an itemiZation of our request for T. I. F. <br /> <br />Site preparation <br />Landscaping <br />Security Lighting <br />Class '5 base <br />Curb & Gutter <br /> <br /> ,ooo.oo <br /> $ 5,ooo.oo <br /> $20,000.00 <br /> <br />$131, 000. 00 <br /> <br />We would like to proceed with this application as soon as possible. <br /> <br />Sincerely <br /> <br />Robert D. Muller <br /> <br /> <br />