My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-27-2021 Council Packet
>
City Council Packets
>
2020-2029
>
2021
>
10-27-2021 Council Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/9/2022 4:05:46 PM
Creation date
2/9/2022 3:56:42 PM
Metadata
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
323
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Exhibit V <br /> <br /> <br /> <br /> <br />Market Value Analysis Report <br />City of Little Canada, Minnesota <br />Tax Increment Financing (Economic Development) District No. 7-3 <br />Owassa Warehouse based on $90 per SF value <br />Draft TIF Plan Exhibits based on 74,500 SF industiral facility <br />Assumptions <br /> Present Value Date 02/01/22 <br /> P.V. Rate - Gross T.I. 4.00% <br />Increase in EMV With TIF District $8,618,862 <br />Less: P.V of Gross Tax Increment 771,751 <br />Subtotal $7,847,111 <br />Less: Increase in EMV Without TIF 0 <br />Difference $7,847,111 <br />Annual Present <br />Gross Tax Value @ <br />Year Increment 4.00% <br />1 2024 98,126 88,382 <br />2 2025 101,293 87,725 <br />3 2026 104,556 87,068 <br />4 2027 107,916 86,410 <br />5 2028 111,377 85,751 <br />6 2029 114,942 85,092 <br />7 2030 118,614 84,433 <br />8 2031 122,396 83,774 <br />9 2032 126,292 83,116 <br />$1,005,512 $771,751
The URL can be used to link to this page
Your browser does not support the video tag.