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City of Little Canada, MN Management Review & Analysis – Tax Increment Financing Districts 3 Summary of Existing TIF Districts Currently there are five active TIF districts in the City, and two decertified TIF districts with positive fund balances. The active districts are outlined in the following chart. A more detailed explanation of each district can be found starting on page 17. DistrictTIF 3‐3            The Lodge / Garden TerraceTIF 5‐1            St. Jude MedicalTIF 6‐1            Masterpiece HomesTIF 7‐1            Suite LivingTIF 7‐2            Bix ProduceTIF 7‐3            Owasso Warehouse       TIF AuthorityEDA City City City City CityProject Area / Development DistrictRedevelopment Project Area #1Development District 5Development District 6Development District 7Development District 7Development District 7District TypeHousingRenewal & Renovation Redevelopment RedevelopmentEconomic DevelopmentEconomic DevelopmentApproved7/9/2002 10/10/2007 7/22/2009 4/11/2018 11/28/2018 10/27/2021Legal Max Term12/31/2029 12/31/2025 12/31/2038 12/31/2045 12/31/2028 12/31/2032Anticipated Term12/31/2029 12/31/2025 12/31/2028 12/31/2045 12/31/2024 12/31/2032First IncrementJuly 2004 July 2010 July 2012 July 2020 July 2020 July 2024Anticipated Last IncrementDecember 2029 December 2025 December 2028 December 2045 December 2024 December 2032Current ObligationsThe Lodge PAYGOG.O. TIF 2015A    Interfund Loan    St. Jude PAYGOMasterpiece Homes IFL Interfund LoanBix Produce PAYGO None2021 Estimated TIF Revenues$277,020 $204,953 $84,915 $83,390 $58,514 $0County Number239‐0 280‐0290‐0 & 310‐0 334‐0336‐0TBDFiscal DisparitiesA Election B Election B Election B Election B Election B Election