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Exhibit V <br />Market Value Analysis Report <br />City of Lino Lakes, Minnesota <br />Tax Increment Financing (Economic Development) District No. 1-14 <br />Clearwater Creek Business Park Project <br />Draft TIF Plan Exhibits: 451,000 SF 3 Bldgs valued at $70/SF <br />Assumptions <br />Present Value Date 08/01/23 <br />P.V. Rate - Gross T.I. 4.00% <br />Increase in EMV With TIF District <br />Less: P.V of Gross Tax Increment <br />Subtotal <br />Less: Increase in EMV Without TIF <br />Difference <br />$35,960,717 <br />2,692,001 <br />$33,268,716 <br />0 <br />$33,268,716 <br />Annual <br />Present <br />Gross Tax <br />Value @ <br />Year <br />Increment <br />4.00% <br />1 <br />2025 <br />219,679 <br />201,782 <br />2 <br />2026 <br />359,663 <br />317,656 <br />3 <br />2027 <br />386,598 <br />328,312 <br />4 <br />2028 <br />394,509 <br />322,145 <br />5 <br />2029 <br />402,578 <br />316,090 <br />6 <br />2030 <br />410,809 <br />310,147 <br />7 <br />2031 <br />419,204 <br />304,313 <br />8 <br />2032 <br />427,767 <br />298,585 <br />9 <br />2033 <br />436,501 <br />292,963 <br />$3,457,326 <br />$2,692,001 <br />Draft <br />