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(AS MODIFIED ONM-4RCH 14, 2006) 2005/2006 IMPACT ON TAX BASE $0 Estimated Estimated Captured Extension 2005/2006 Tax Capacity (CTC) Percent of CTC Tax Capacity Upon Completion ** , to Entice tax Ramsey County 4209951,592 1649383 0.03919% City of St. Anthony* 59414,108 164.383 3.0362% ISD No. 282* 594145108 164,383 3.0362% * Includes values for Hennepin County and Ramsey County Includes a 2% inflation factor for 2007-2011 IMPACT ON TAX RATES The estimates listed above display the captured tax capacity and tag rates based upon the estimates for the 2005/Pay 2006 rate. The total net capacity for the entities listed above are based on the highest estimated Captured Tax Capacity, Estimated Costs The following are estimated costs for acquisition, soil correction and administration. Actual costs may vary depending on negotiated costs, interest rates, actual relocation claims or sale price. Budget Acquisition 2005/2006 Percent $0 Potential $700,000 Extension of Total CTC Taxes 5.00% Contingency Rates Ramsey County 0.46686 40.04% 164,383 76,744 City of St. Anthony 0.45868 38.57% 164,383 75,399 ISD No. 282 0.21764 16.65% 164,383 355776 Other 0.08284 4.74% 164,383 13,617 Total 1.22602 100.00% 2015537 The estimates listed above display the captured tax capacity and tag rates based upon the estimates for the 2005/Pay 2006 rate. The total net capacity for the entities listed above are based on the highest estimated Captured Tax Capacity, Estimated Costs The following are estimated costs for acquisition, soil correction and administration. Actual costs may vary depending on negotiated costs, interest rates, actual relocation claims or sale price. Budget Acquisition $0 Renovation $0 Soil Correction/Site Improvements $700,000 5.000/oAdministration $36,500 Consultants/Legal $303000 5.00% Contingency $38,325 Subtotal: $804,825 Street Scape $0 Housing and Redevelopment Authority of St. Anthony Modification to the TIF Plan for the Chandler Place TIF District 3