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04-13-2022 Workshop Packet
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04-13-2022 Workshop Packet
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9 <br />Highlights <br />•City is projected to have $2.2M available at end of 2022. <br />•$1.1M is from TIF 2-1, pre-1990 District <br />•+$750K from TIF 3-3 (housing district) <br />Temporary Spending Authority: New for 2021 <br />City of Little Canada <br />Minnesota Laws 2021 1st Special Session, Chapter 14, Article 9, Section 1 <br />Pre-1990 <br />Year TIF 2-1 TIF 3-2 TIF 3-3 TOTAL TIF 5-1 TIF 6-1 TIF 7-1 TIF 7-2 Total <br />2020 1,102,109$ 70,401$ 593,694$ 664,095$ 175,139$ -$ (16,288)$ 1,241$ 1,926,296$ <br />2021 - - 95,866 95,866 60,863 - 75,575 1,189 233,493 <br />2022 - - 97,304 97,304 (81,600) - 77,608 1,206 94,517 <br />Total 1,102,109$ 70,401$ 786,863$ 857,264$ 154,403$ -$ 136,894$ 3,637$ 2,254,307$ <br />Estimated Unobligated Tax Increment - 2021 Special Legislation <br />TIF District <br />Redevelopment Area No. 1 Post 1990
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