1993-09-09 Breakdown of Costs for 429 Financing
5964 Main Avenue N.E.
P.O. Box 131
Albertville, MN 55301-0131
(612) 497-3384
Fax: (612) 497-3210
September 9, 1993
Bob Thistle
Springsted
85 East Seventh Place
Suite 100
st. Paul, MN 55101-2143
Dear Bob:
As we discussed on the telephone yesterday, I am sending you
the breakdown of costs associated with the 429 financing for the
Hardwood Ponds 2nd Addition. Those costs are as follows:
Construction
Engineering (18%)
Contingencies (5%)
Legal
$179,980.40
32,396.48
8,999.02
1,500.00
Please note I have not included any costs for bonding or legal
fees associated with the bonding process.
Should you have any questions, please feel free to contact me.
Sincer~lj ,
~~..,li-0j
Linda Houghton Z7
City Clerk