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DEPARTMENT OF PROPERTY TAX AND PUBLIC RECORDS <br /> • A607 Government Center <br /> HENNEPIN Minneapolis, Minnesota 55487-0067 <br /> H Ll <br /> Crossroads To Service <br /> March 29, 1991 <br /> Connie Kr plin <br /> Cle <br /> City of St. Anthony <br /> 3301 Silver Lake Road Northeast <br /> St. Anthony, Minnesota 55418 <br /> Dear .Ms. Kroeplin: <br /> Enclosed is a bill for county costs incurred from May 1, 1990 to <br /> • December 31,1990 for administration of tax increment districts in your city. <br /> This billing also included costs to certify and set up new districts created <br /> after May 1, 1988. A detailed listing of TIF administrative tasks is attached <br /> for background information. <br /> The certification costs reflect the average direct personnel costs incurred per <br /> district to compile and input the necessary tax increment data into the system <br /> and issue the certification document. This is a one-time charge for each new <br /> TIF district and each modification (enlargement) of an existing district. <br /> An annual maintenance cost is also charged for other TIF administrative <br /> functions performed by staff in this department. These costs are derived from <br /> the actual 1990 budget expenditure reports for tax collection functions. <br /> In aggregate maintenance costs totaling $94,402.97 are charged to TIF districts <br /> in the county for 1990. one half of this cost is apportioned equally to each <br /> district or enlarged district ($259.19 each) to reflect fixed costs per <br /> district. The remaining half is apportioned to each district based on the <br /> number of parcels in the district. A per parcel charge of $3.57 is thus <br /> included in 1990 maintenance costs to- reflect variable costs. No maintenance <br /> costs are imposed in the year of certification of new districts. <br /> • <br /> HENNEPIN COUNTY , <br /> an equal opportunity employer <br />