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Exhibit V <br /> <br /> <br /> <br /> <br /> <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 $35,960,717 <br />Less: P.V of Gross Tax Increment 2,692,001 <br />Subtotal $33,268,716 <br />Less: Increase in EMV Without TIF 0 <br />Difference $33,268,716 <br />Annual Present <br />Gross Tax Value @ <br />Year Increment 4.00% <br />1 2025 219,679 201,782 <br />2 2026 359,663 317,656 <br />3 2027 386,598 328,312 <br />4 2028 394,509 322,145 <br />5 2029 402,578 316,090 <br />6 2030 410,809 310,147 <br />7 2031 419,204 304,313 <br />8 2032 427,767 298,585 <br />9 2033 436,501 292,963 <br />$3,457,326 $2,692,001