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11/12/2003 P&Z Packet
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11/12/2003 P&Z Packet
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P&Z
P&Z Document Type
P&Z Packet
Meeting Date
11/12/2003
P&Z Meeting Type
Regular
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• <br />City of Lino Lakes and Lino Lakes Economic Development Authority, Minnesota <br />(7) the type of district; <br />(8) the date the municipality approved the tax increment financing plan and the date <br />of approval of any modification of the tax increment financing plan, the approval <br />of which requires notice, discussion, a public hearing, and findings under <br />subdivision 4, paragraph (a); <br />(9) the date the authority first requested certification of the original net tax capacity <br />of the district and the date of request for certification regarding any parcel added <br />to the district; <br />(10) the date the county auditor first certified the original net tax capacity of the <br />district and the date of certification of the original net tax capacity of any parcel <br />added to the district; <br />(11) the month and year in which the authority has received or anticipates it will <br />receive the first increment from the district; <br />(12) the date the district must be decertified; <br />(13) for the reporting period and prior years of the district, the actual amount received <br />from, at least, the following categories: <br />(1) tax increments paid by the captured net tax capacity retained for tax <br />increment financing under section 469.177, subdivision 2, paragraph (a), <br />clause (1), but excluding any excess taxes; <br />(ii) tax increments that are interest or other investment earnings on or from <br />tax increments; <br />(iii) tax increments that are proceeds from the sale or lease of property, <br />tangible or intangible, purchased by the authority with tax increments; <br />(iv) tax increments that are repayments of loans or other advances made by <br />the authority with tax increments; <br />(v) bond or loan proceeds; <br />(vi) special assessments; <br />(vii) grants; and <br />(viii) transfers from funds not exclusively associated with the district; <br />(14) for the reporting period and for the prior years of the district, the amount <br />budgeted under the tax increment financing plan, and the actual amount <br />expended for, at least, the following categories: <br />(i) acquisition of land and buildings through condemnation or purchase; <br />(ii) site improvements or preparation costs; <br />(iii) installation of public utilities, parking facilities, streets, roads, sidewalks, <br />or other similar public improvements; <br />SPRINGSTED Page 15 <br />
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