07/09/2003 P&Z Packet - Laserfiche WebLink

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• • City of Lino Lakes, Minnesota (3) permit auditing of the funds expended on behalf of the TIF District; and (4) be consistent with generally accepted accounting principles. The report shall include, among other items, the following information: (1) the original net tax capacity of the district and any subdistrict under 469.177, subdivision 1; (2) the net tax capacity for the reporting period of the dis ice; and any subdistrict; (3) the captured net tax capacity of the district; (4) any fiscal disparity deduction from the captured net rapacity under section 469.177, subdivision 3; (5) the captured net tax capacity retai , �t tax increment finarc under 469.177, subdivision 2, paragraph (a), clad (6) any captured net tax capacity distn 469.177, subdivision 2, paragraph (a), (7) the type of district; ); affected taxing districts under (8) the date the municipality a •grove the mertfinancing plan and the date of approval of an modifica of th tax in reme financing plan, the approval of which r otice, i, a u hearing, and findings under subdivisiotr pa a:;'?�h (a); (9) the dat the author] first reque .d certification of the original net tax capacity of the dis ct and to of requ `:for certification regarding any parcel added to the disci ax mcre ty auditor first certified the original net tax capacity of the of certification of the original net tax capacity of any parcel year i' which the authority has received or anticipates it will increment from the district; (12) th° :ate tF;e`rict must be decertified; (13) for th =.rting period and prior years of the district, the actual amount received from, at least, the following categories: (1) tax increments paid by the captured net tax capacity retained for tax increment financing under section 469.177, subdivision 2, paragraph (a), clause (1), but excluding any excess taxes; (ii) tax increments that are interest or other investment earnings on or from tax increments; (iii) tax increments that are proceeds from the sale or lease of property, • tangible or intangible, purchased by the authority with tax increments; SPRINGSTED Page 13