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agreement with the business receiving the assistance, do not apply. <br />Subsection 2-14. County Road Costs <br />Pursuant to M.S., Section 469.175, Subd. 1 a, the county board may require the HRA or City to pay for all or <br />part of the cost of county road improvements if the proposed development to be assisted by tax increment <br />will, in the judgement of the county, substantially increase the use of county roads requiring construction of <br />road improvements or other road costs and if the road improvements are not scheduled within the next five <br />years under a capital improvement plan or within five years under another county plan. <br />If the county elects to use increments to improve county roads, it must notify the HRA or City within forty- <br />five days of receipt of this TIF Plan. In the opinion of the HRA and City and consultants, the proposed <br />development outlined in this TIF Plan will have little or no impact upon county roads. <br />Subsection 2-15. Estimated Impact on other Taxing .Jurisdictions <br />The estimated impact on other taxing jurisdictions assumes that the. redevelopment contemplated by the TIF <br />Plan would occur without the creation of the District. However, the HRA or City has determined that such <br />development or redevelopment would not occur "but for" tax increment financing and that, therefore, the <br />fiscal impact on other taxing jurisdictions is $0. The estimated fiscal impact of the District would be as <br />follows if the "but for" test was not met: <br />11 NMI <br />IMPACT ON TAX BASE <br />i eam�enmmn eimr�mas�n�� � <br />2002/2003 <br />Estimated Captured <br />Percent <br />Total Net <br />Tax Capacity *(CTC) <br />Percent of CTC <br />Tax Capacity <br />Upon Completion <br />to Entity Total <br />Ramsey County 300,841,337 <br />1,5551977 <br />0.5172% <br />City of St. Anthony* 5,067,038 <br />1,5551977 <br />30.7078% <br />ISD No. 282* 6,143,989 <br />19555,977 <br />25.3252% <br />*Includes values for Hennepin County and Ramsey County <br />IMPACT ON TAX RATES <br />The estimates listed above display the captured tax capacity when all construction is completed. The tax rate <br />used for calculations is the actual 2002/Pay 2003 rate. The total net capacity for the entities listed above are <br />based on actual Pay 2003 figures. The District will be certified under the actual 2003/Pay 2004 rates. <br />Housing and Redevelopment Authority of St. Anthony <br />Tax Increment Financing Plan for Tax Increment Financing District No. 3-5 <br />30 <br />2-10 <br />2002/2003 <br />Percent <br />Potential <br />Extension Rates <br />of Total <br />CTC <br />Taxes <br />Ramsey County <br />0.546030 <br />44.34% <br />1,5551977 <br />849,610 <br />City of St. Anthony <br />0.461060 <br />37.44% <br />1,555,977 <br />7175399 <br />ISD No. 282 <br />0.149340 <br />12.13% <br />1,555,977 <br />232,370 <br />Other (Misc.) <br />0.074980 <br />6:09% <br />1,555,977 <br />116,667 <br />Total <br />1.231410 <br />'100.00% <br />1,916,046 <br />The estimates listed above display the captured tax capacity when all construction is completed. The tax rate <br />used for calculations is the actual 2002/Pay 2003 rate. The total net capacity for the entities listed above are <br />based on actual Pay 2003 figures. The District will be certified under the actual 2003/Pay 2004 rates. <br />Housing and Redevelopment Authority of St. Anthony <br />Tax Increment Financing Plan for Tax Increment Financing District No. 3-5 <br />30 <br />2-10 <br />