O.k., so I couldn't add last night and I'm not a financial wonk. So, I still need some clarification. Could someone please explain "NRP Obligation." And explain how this is different and/or similar to debt service. And as far as the increase in tax capacity I'm floored. I'd love my income to double in ten years, but that would be pretty optimistic of me. I would like to know more about the history of tax capacity increases and how we are projecting a "more than double" increase. And if at all it could be done in terms of regular folks, I would really appreciate it. Thank you in advance. Russ Standish Ward 7 R U S S E L L P E T E R S O N D E S I G N "You can only fly if you stretch your wings." Russell W. Peterson, RA, CID Founder 3857 23rd Avenue South Minneapolis, MN 55407 612-724-2331 [EMAIL PROTECTED] -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Ford, Keith Sent: Wednesday, December 06, 2000 8:29 AM To: Multiple recipients of list Subject: RE: TIF Decertification Jan is correct. There is no "NRP debt service". There is an "NRP obligation" and that is paid as we go. Keith Ford Deputy Executive Director Minneapolis Community Development Agency (612) 673-5013 Fax (612) 673-5293 http://www.mcda.org/ > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] > Sent: Tuesday, December 05, 2000 10:20 PM > To: Multiple recipients of list > Subject: TIF Decertification > > > Okay, now I am really confused. What is this NRP debt > service that must be > paid? I thought NRP was spending money on a pay as you go > basis from the TIF > financing. What is being spent that will need debt > financing? Am I ever > glad Carol Becker likes being a money wonk. > > Jan Del Calzo > Lynnhurst >
