Refunding Bonds of 1998 and Tax Increment Projections
CITY OF
CHANHASSEN
10 City Center Drive, PO Box 147
Chanhassen, Minnesota 55317
Phone 612.937.1900
General Fax 612.937.5739
~ngineering Fax 612.937.9152
)ublic S'ifety Fax 612.934.2524
Web 1U1U1U.c;.chanhassell.liIll.lIS
MEMORANDUM
TO:
Mayor and City Council
FROM:
Don Ashworth, City Manager
DATE:
June 3, 1998
SUBJ:
Refunding Bonds of 1998 and Review of Tax Increment
Projections
It is anticipated that Dave MacGillivrary will have completed his projections as to
available tax increment and the advisability of refunding various existing bond
issues. He will walk the City Council through those projections on Monday
evening. Dave is still waiting for an opinion from the Kennedy Graven law firm
regarding the pooling issues. Should the opinions/projections not proceed as
anticipated, we will contact council members by noon on Monday.
See you Monday evening!
g: \mgr\98bonds6-8.doc
e City of Chanhassen. A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, and beautiful parks. A great place to live, work, and play.