81142006
<br />Page I of 2
<br />EHLERS
<br />r.,41somms -lot
<br />Taxes Per Total Market Class New
<br />Sq. FtJUnIts Taxes Value Rate Tax Capacity_
<br />TIF Distict No. 3
<br />Cub Foods
<br />St. Anthony Village
<br />112
<br />Cub Foods
<br />330,982
<br />Class Rate
<br />After
<br />180,000
<br />1996
<br />District Redevelopment District
<br />Property Land
<br />District #
<br />913
<br />Conversion
<br />Inflation Rate - Every_ Years
<br />5.00%
<br />PID
<br />Pay -As -You -Go Interest Rate:
<br />6.00%
<br />Tax Capacity Conversion
<br />Note Issued Date (Present Value Date):
<br />01 -Feb -96
<br />3930 Silver Lake Rd
<br />Local Tax Rate - Maximum
<br />132.4520% Pay 1993
<br />Fiscal Disparities Election (A - outside or B - Inside)
<br />A
<br />16,148
<br />Year District was certified
<br />Pay 1993
<br />31-30-23-31-0030
<br />Assumes First Tax Increment For District
<br />1998
<br />5,182
<br />Year District was Modified
<br />2006
<br />3000 Silver Lake Rd
<br />Development located in modified area
<br />yes
<br />276,100
<br />Assumes First Tax Increment For Dev
<br />1998
<br />1993
<br />Years of Tax Increment
<br />26
<br />Pond by Cub
<br />Assumes Last Year of Tax Increment
<br />2023
<br />182
<br />Fiscal Disparities Ratio
<br />20.0944%
<br />Pay 2006
<br />Fiscal Disparities Metro Wide Tax Rate
<br />121.8020%
<br />Pay 2006
<br />Local Tax Rate - Current
<br />122.2510%
<br />Pay 2006
<br />State Wide Property Tax Rate (Used for total taxes)
<br />51.0000%
<br />Pay 2006
<br />Market Value Tax Rate (used for total taxes)
<br />0.214360%
<br />Pay 2006
<br />Commercial Industrial Class Rate
<br />1.5%-2.0%
<br />First 150,000
<br />1.50%
<br />Over 150,000
<br />2.00%
<br />Rental Class Rate
<br />1.26%
<br />ResIdental Class F - Under $500,000
<br />1.00%
<br />Over $500,000
<br />1.25%
<br />vidmt cmd uarieq upon review or t;ounty recorus on juiy 24,2uuts
<br />Total Market Value
<br />Year Use Sq. FtJUnits Sq. Ft./Units
<br />Taxes Per Total Market Class New
<br />Sq. FtJUnIts Taxes Value Rate Tax Capacity_
<br />Year Date
<br />Constructed Payable
<br />Cub Foods
<br />80,636
<br />112
<br />4.10
<br />330,982
<br />Class Rate
<br />After
<br />180,000
<br />1996
<br />2007
<br />Property Land
<br />Building Total Class
<br />Original After
<br />Conversion
<br />Date
<br />Address
<br />PID
<br />Owner Market Value
<br />Market Value Market Value Rate
<br />Tax Capacity Conversion
<br />Tax Capacity
<br />Payable
<br />3930 Silver Lake Rd
<br />31-30-23-31-0029
<br />Cub Foods
<br />807,400
<br />1.6,148
<br />16,148
<br />1993
<br />Unassigned
<br />31-30-23-31-0030
<br />Surrounding US Bank
<br />259,100
<br />5,182
<br />5,182
<br />1993
<br />3000 Silver Lake Rd
<br />31-30-23-31-0031
<br />Video Update
<br />276,100
<br />4,772
<br />4,772
<br />1993
<br />Unassigned
<br />31-30-23-31-0032
<br />Pond by Cub
<br />9,100
<br />182
<br />182
<br />1993
<br />3810 Silver Lake Rd
<br />31-30-23-34-0013
<br />Conoco
<br />277,800
<br />4,806
<br />4,806
<br />1993
<br />1 Totals
<br />1,629,500
<br />31,090
<br />31,090
<br />vidmt cmd uarieq upon review or t;ounty recorus on juiy 24,2uuts
<br />Total Market Value
<br />Year Use Sq. FtJUnits Sq. Ft./Units
<br />Taxes Per Total Market Class New
<br />Sq. FtJUnIts Taxes Value Rate Tax Capacity_
<br />Year Date
<br />Constructed Payable
<br />Cub Foods
<br />80,636
<br />112
<br />4.10
<br />330,982
<br />0,000,000
<br />2.00%
<br />180,000
<br />1996
<br />2007
<br />Surrounding US Bank
<br />N/A
<br />N/A
<br />N/A
<br />13,936
<br />524,400
<br />2.00%
<br />10,488
<br />N/A
<br />2007'
<br />Video Update
<br />8,520
<br />179
<br />4.64
<br />39,567
<br />1,623,300
<br />1.5%-2.0%
<br />29,716
<br />1996
<br />2007
<br />Pond by Cub
<br />N/A
<br />NIA
<br />NIA
<br />242
<br />9,100
<br />1.5%-2.0%
<br />182
<br />N/A
<br />2007
<br />Con000
<br />5,448
<br />252
<br />6.53
<br />35,562
<br />1,372,600
<br />1.5%-2.0%
<br />26,702
<br />1997
<br />2007
<br />TOTAL
<br />94,604
<br />384,485
<br />12,429,400
<br />247,088
<br />Note: Values are based upon estimates frog Nelahborhood Housina Siarvic�m (dAvs1iniriftr1
<br />Note:
<br />1. Residential does not pay State-wide property tax or Fiscal Disparities.
<br />2. Development Is located In school district 709
<br />Prepared by Ehlers
<br />28
<br />TIF Run 8-2-06
<br />Y
<br />Total
<br />Local
<br />Fiscal Local
<br />Fiscal State-wide
<br />Local
<br />Fiscal
<br />State-wide
<br />Market
<br />Use Tax
<br />Tax
<br />Disparities Tax
<br />Disparities Property
<br />Taxes
<br />Disparities
<br />Property
<br />Value
<br />Total
<br />Capacity
<br />Capacity
<br />Tax Capacity Rate
<br />Tax Rate Tax Rate
<br />Taxes
<br />Taxes
<br />Taxes
<br />Taxes
<br />Cub Foods 247,088
<br />152,211
<br />0 1.22251
<br />NIA N/A
<br />186,079
<br />NIA
<br />N/A
<br />20,417
<br />206,495
<br />TOTAL 247,088
<br />247,088
<br />NIA 1.22251
<br />NIA NIA
<br />302,068
<br />N/A
<br />N/A
<br />20,417
<br />206,495
<br />Note:
<br />1. Residential does not pay State-wide property tax or Fiscal Disparities.
<br />2. Development Is located In school district 709
<br />Prepared by Ehlers
<br />28
<br />TIF Run 8-2-06
<br />
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