Laserfiche WebLink
<br />Jim Norman <br /> <br />From: <br />To: <br />Cc: <br />Subject: <br />Date: <br /> <br />Jessie Hart <br />Jim Norman <br />Linda Waite Smith <br />Comp Plan Funding <br />Monday, February 09, 1998 10:59AM <br /> <br />The following are the funding sources currently identified for the Comprehensive Plan process that is <br />currently under way: <br /> <br />1) MNRA Grant - $20,000 <br />2) CDBG - $20,000 <br />3) Met Council Planning Grant - $11,830 <br />4) General Fund 1998 - $26,000 <br /> <br />This is a grand total of $77,830 for the actual plan update contract. [I don't recall what the estimated total <br />was expected to be based on HKGl's bid proposal]. <br /> <br />I would think that a portion could be allocated from the EDA budget - or EDA fund balance - due to the <br />nature of the project?!?!?!? They have a relatively healthy fund balance at this time but we need to keep in <br />mind that if something needs to be "paid back" to a TIF fund it would realisitically come from the EDA as <br />this fund has benefited from the 10% transfer of increments on an annual basis. <br /> <br />We can discuss further but this gives you a starting place. <br /> <br />Page 1 <br />