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City of Ramsey
<br />October 12, 2010
<br />Page 6
<br />The following charts below show the current base values, the projected growth values, and the projections for future Tax Capacity.
<br />Total COR Development Area (City
<br />Owned)
<br />Retail /Commercial Districts
<br />Base Market Value
<br />Base Tax Capacity
<br />Base Market Value
<br />Base Tax Capacity
<br />Total
<br />Total
<br />Land Building Total
<br />Land Building Total
<br />46,825,715
<br />0
<br />46,825,715
<br />830,775
<br />27,124,136
<br />0
<br />27,124,136
<br />527,483
<br />Post Development Market Value
<br />Post Dev Tax Cap.
<br />Post Development Market Value
<br />Post Dev Tax Cap.
<br />Total
<br />Total
<br />Land Building Total
<br />Land Building Total
<br />46,825,715
<br />224,664,452
<br />271,490,167
<br />4,580,877
<br />27,124,136
<br />113,059,650
<br />140,183,786
<br />2,773,676
<br />224,664,452 Growth
<br />3,750,102
<br />113,059,650 Growth
<br />2,246,193
<br />Build -Out Schedule:
<br />10- Years, starting with construction in 2014
<br />Year
<br />Base TC
<br />Total TC
<br />Incremental Growth
<br />Year
<br />Base TC
<br />Total TC
<br />Incremental Growth
<br />1 -2012
<br />18,474
<br />298,086
<br />279,612
<br />1 -2012
<br />0
<br />0
<br />0
<br />2-2013
<br />36,948
<br />399,334
<br />362,386
<br />2-2013
<br />0
<br />0
<br />0
<br />3-2014
<br />67,277
<br />656,179
<br />588,901
<br />3-2014
<br />0
<br />0
<br />0
<br />4-2015
<br />97,606
<br />794,471
<br />696,865
<br />4-2015
<br />0
<br />0
<br />0
<br />5 -2016
<br />180,684
<br />1,684,866
<br />1,504,182
<br />5 -2016
<br />52,748
<br />752,102
<br />699,354
<br />6-2017
<br />263,761
<br />2,047,778
<br />1,784,017
<br />6-2017
<br />105,497
<br />976,721
<br />871,225
<br />7-2018
<br />346,839
<br />2,451,645
<br />2,104,807
<br />7-2018
<br />158,245
<br />1,220,875
<br />1,062,630
<br />8-2019
<br />429,916
<br />2,863,590
<br />2,433,674
<br />8-2019
<br />210,993
<br />1,469,912
<br />1,258,919
<br />9-2020
<br />512,994
<br />3,283,774
<br />2,770,781
<br />9-2020
<br />263,741
<br />1,723,929
<br />1,460,188
<br />10-2021
<br />596,071
<br />3,712,362
<br />3,116,291
<br />10-2021
<br />316,490
<br />1,983,027
<br />1,666,538
<br />11 -2022
<br />660,674
<br />4,048,273
<br />3,387,598
<br />11 -2022
<br />369,238
<br />2,247,307
<br />1,878,069
<br />12-2023
<br />725,278
<br />4,390,902
<br />3,665,624
<br />12-2023
<br />421,986
<br />2,516,873
<br />2,094,886
<br />13-2024
<br />778,026
<br />4,703,340
<br />3,925,313
<br />13-2024
<br />474,734
<br />2,791,829
<br />2,317,095
<br />14-2025
<br />830,775
<br />5,022,026
<br />4,191,251
<br />14-2025
<br />527,483
<br />3,072,285
<br />2,544,802
<br />15-2026
<br />830,775
<br />5,122,466
<br />4,291,692
<br />15-2026
<br />527,483
<br />3,133,731
<br />2,606,248
<br />16-2027
<br />830,775
<br />5,224,916
<br />4,394,141
<br />16-2027
<br />527,483
<br />3,196,406
<br />2,668,923
<br />17-2028
<br />830,775
<br />5.329,414
<br />4,498,639
<br />17-2028
<br />527,483
<br />3.260,334
<br />2,732,851
<br />18-2029
<br />830,775
<br />5,436,002
<br />4,605,228
<br />18-2029
<br />527,483
<br />3,325,540
<br />2,798,058
<br />19-2030
<br />830,775
<br />5,544,722
<br />4,713,948
<br />19-2030
<br />527,483
<br />3,392,051
<br />2,864,568
<br />20-2031
<br />830,775
<br />5,655,617
<br />4,824,842
<br />20-2031
<br />527,483
<br />3,459,892
<br />2,932,409
<br />21 -2032
<br />830,775
<br />5,768,729
<br />4,937,955
<br />21 -2032
<br />527,483
<br />3,529,090
<br />3,001,607
<br />22-2033
<br />830,775
<br />5,884,104
<br />5,053,329
<br />22-2033
<br />527,483
<br />3,599,672
<br />3,072,189
<br />23 -2034
<br />830,775
<br />6,001,786
<br />5,171,011
<br />23 -2034
<br />527,483
<br />3,671,665
<br />3,144,182
<br />24-2035
<br />830,775
<br />6,121,821
<br />5,291,047
<br />24-2035
<br />527,483
<br />3,745,099
<br />3,217,616
<br />25-2036
<br />830,775
<br />6,244,258
<br />5,413,483
<br />25-2036
<br />527,483
<br />3,820,000
<br />3,292,518
<br />26-2037
<br />830,775
<br />6,369,143
<br />5,538,368
<br />26-2037
<br />527,483
<br />3,896,400
<br />3,368,918
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