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12/27/36 14:09 FAX 612 223 3002 SPRINGSTED INC.
<br />Is
<br />Tax Increment Financing
<br />Summary Report
<br />City of St. Anthony, Minnesota
<br />Tax Increment Financing District No. 3
<br />Apache plaza Project
<br />Phase 11 Only • Lot 7
<br />Type of Tax Increment Financing Distr et
<br />Redevelopment
<br />Maximum Duration of TIF District
<br />25 years from 1st Iricrsment
<br />Certification Date of TIF District
<br />0426193
<br />Financing of TIF Bonds
<br />08/01197
<br />Decertification Date of TIF District
<br />1210112008
<br />(10 Years of Increment)
<br />Loan Amount @ 6.50%
<br />NA
<br />Future
<br />P.V,.
<br />Value
<br />@ 5.0D%
<br />Band Issue @ 7.573% (NIC)
<br />$2,855,000
<br />(Taxable)
<br />Admin. (7.00 %)
<br />$317,800
<br />$231,820
<br />Loss of LGAIHACA
<br />(505,494) (329, 570
<br />Eligible Project Costs
<br />$2,466,132
<br />Capitalized Interest
<br />314,200
<br />Underwriters Discount
<br />34,380
<br />COI /Admin(atrative
<br />50,288
<br />Other
<br />0
<br />Plus:
<br />Less;
<br />Wag:
<br />Annual
<br />Annual Annual Local
<br />Admin,
<br />State Auditor
<br />WWI
<br />06si-
<br />PN4j t;d
<br />Period
<br />Gross Tax Contribution
<br />Retainage
<br />Deduction
<br />Nei
<br />Effbtt
<br />Lbsg of
<br />Ending
<br />Increment
<br />0.00%
<br />7.00%
<br />0.10%
<br />Revenue
<br />TIF
<br />LGAIHACA
<br />(1)
<br />(2)
<br />(3)
<br />(4)
<br />(5)
<br />(6)
<br />(7)
<br />(8)
<br />12/31/97
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />12/31/98
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />12/31/99
<br />453,996
<br />0
<br />31,780
<br />454
<br />421,762
<br />0
<br />0
<br />121312000
<br />453,996
<br />0
<br />31,780
<br />454
<br />421,762
<br />0
<br />9,191
<br />12/31/2001
<br />453,996
<br />0
<br />31,780
<br />454
<br />421,762
<br />0
<br />18,382
<br />121312002
<br />453,998
<br />0
<br />31,760
<br />454
<br />421,762
<br />0
<br />27,572
<br />12/3112003
<br />453,996
<br />0
<br />31,780
<br />454
<br />421,782
<br />0
<br />36,763
<br />121312004
<br />453,996
<br />0
<br />31,780
<br />454
<br />421,762
<br />0
<br />45,954
<br />12/312005
<br />421.76
<br />0
<br />55,1419
<br />12x312006
<br />453,9911
<br />d
<br />84.338
<br />12/312007
<br />4 3,996;
<br />8
<br />.1
<br />445jb
<br />H
<br />12/312008
<br />493,996
<br />,78,
<br />E(
<br />421 i
<br />y
<br />0
<br />82,626
<br />12/312009
<br />0
<br />i7
<br />b
<br />b
<br />00
<br />91,908
<br />12131/2010
<br />0
<br />0
<br />0
<br />d
<br />0
<br />0
<br />12/312011
<br />0
<br />0
<br />0
<br />d
<br />0
<br />12/312012
<br />12/312013
<br />0
<br />d �
<br />0
<br />CCCq
<br />�
<br />12/31/2015
<br />0
<br />d
<br />b
<br />0
<br />12/31/2016
<br />0
<br />12131/2017
<br />0
<br />0
<br />�
<br />b
<br />o
<br />12/31/2018
<br />0
<br />01
<br />0
<br />tl
<br />0
<br />12131/2019
<br />0
<br />V
<br />12x3112020
<br />12/31/2021
<br />0
<br />0
<br />d
<br />d
<br />0
<br />d
<br />0
<br />0
<br />0
<br />0
<br />121312022
<br />0
<br />d
<br />d
<br />d
<br />0
<br />0
<br />12/3112023
<br />0
<br />0
<br />d
<br />ii
<br />0
<br />D
<br />0
<br />12131/2024
<br />0
<br />0
<br />d
<br />0
<br />0
<br />0
<br />0
<br />$4,539,960
<br />$0
<br />3317,800
<br />$4,540
<br />$4,217,620
<br />$0
<br />$506,494
<br />A
<br />Prepared by: Springsted Incorporated ( 12/19/96)
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