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2009.02.23 EDA Packet
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2009.02.23 EDA Packet
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9/1/2017 11:19:49 AM
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9/1/2017 11:19:48 AM
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Commissions
Meeting Date
2/23/2009
Document Type
Agenda/Packets
Commission Name
EDA
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Summary <br /> City of Hugo, Minnesota <br /> Carpenter's Steak House <br /> Type of District Redevelopment <br /> School District 624 <br /> Maximum Duration 26 Years <br /> Fiscal Disparities Rate 36.1261% Pay 2008 <br /> Total Local Tax Capacity Rate 80.2740% Pay 2008 <br /> Cumulative <br /> Tax <br /> Cumulative Increment <br /> Base Base Project Project Available Present <br /> Assessed Tax Assessed Tax Tax Valued <br /> Value Cal2acity Value Capacity Increment at 6% <br /> Scenario 1 758,700 39,250 2,000,000 39,250 580,212 261,239 <br /> Scenario 2 594,200 10,661 2,000,000 39,250 636,614 287,850 <br /> Scenario 3 594,200 10,661 2,200,000 43,250 721,632 326,712 <br /> Z:\SWA10Q10010OCSMF 13FEB09 2MALS <br />
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