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CHAPTER 13 - ECONOMIC DEVELOPMENT AND SPECIAL. PROGRAMS <br />Form 13.01-1 <br />Tax Increment Financing District <br />Certification Request Supplement <br />1, Municipality Name: <br />2, District Name: <br />3. ❑ New District ❑ District Expansion ❑ Hazardous Substance Subdistrict <br />4, District Type: <br />a. ❑ Redevelopment (M.S. 469.174, Subd. 10). <br />Maximum Duration: 25 years of tax increments, <br />b. ❑ Housing (M.S. 469-174, Subd, 11). <br />Maximum Duration: 25 years of tax increments. <br />o. ❑ Renewal and Renovation (M.S. 469.174, Subd. 10a). <br />Maximum Duration: 15 years of tax increments. <br />d. ❑ Housing Replacement (1995 Laws, Chapter 264, Article 5, Sections 44-47; <br />1996 Laws, Chapter 471, Art, 7, Secs, 21-22; 1997 Laws, Chapter 231, Art. 10, Sec. 13). <br />Maximum Duration: 15 years of tax increments from each parcel. <br />e. ❑ Soils Condition (M,S, 469.174, Subd, 19). <br />Maximum Duration: 20 years of tax incements, <br />f. <br />❑ Economic Development (M.S. 469.174, Subd. 12), <br />Maximum Duration: 8 years of tax increments, <br />5. If the district is a Redevelopment, Housing or a Hazardous Substance Subdistrict, is the minimum market <br />value tax increment delay option elected (M,S. 469.175, Subd. 1, Paragraph (b))? <br />❑ Yes ❑ No <br />6, Does the district have extended duration limits provided by a special law? <br />❑ Yes <br />❑ No If yes, law citation: <br />7, Does the district's plan provide for any sharing of captured net tax capacity with the local taxing districts <br />(M.S. 469,177, Subd, 2, Paragraph (a))? <br />❑ Yes ❑ No <br />TAX INCREMENT FINANCING 13.01 •11 <br />REVISION DATE: NOVEMBER, 2010 <br />