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HRA PACKET 03232021
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HRA PACKET 03232021
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4/9/2021 9:26:43 AM
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4/9/2021 9:03:04 AM
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<br />St. Anthony Housing & Redevelopment Authority <br />Lowry Grove 11 <br />(ii) A comparative analysis of estimated market value both with and without establishment <br />of the TIF District and the use of tax increments has been performed. Such analysis is <br />included with the cashflow in Appendix B and indicates that the increase in estimated <br />market value of the proposed development (less the indicated subtractions) exceeds <br />the estimated market value of the site absent the establishment of the TIF District and <br />the use of tax increments. <br />Administration of the District <br /> <br />Administration of the District will be handled by the City Manager. <br /> <br />15
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