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Market Value Analysis Report
<br />City of Ramsey, Minnesota
<br />Tax Increment Financing (Redevelopment) District No. 14
<br />The COR Project
<br />Scenario 2 - Without FD
<br />Assumptions
<br />Present Value Date
<br />P.V. Rate - Gross T.I.
<br />Increase in EMV With TIF District
<br />Less' P V of Gross Tax Increment
<br />Subtotal
<br />Less: Increase in EMV Without TIF
<br />Difference
<br />,1
<br />',hi
<br />l,Annual!N',rv{�'` Present
<br />Gross6,Yaxt Value @
<br />T: �i ,. N r,.'.f r o
<br />si 2'1Ir�r,Year Increm�nt�ti•, 6.00%
<br />'+ 1201Z=1,ili'i'' . .,q„V;5111,
<br />1 34334bl;, 319,174
<br />2 'fi;jr,'%2013",.„,,,� „ ,ri19070T1: iaii',,,. 430,342
<br />7i,2314 .yy^µi..'�a7811487 ` '' 646,310
<br />2,0�5:;.4'.`,; 953,62�9ti?I' 744,319
<br />20.16 " 1,822,396 1,341,885
<br />n.
<br />2017; 1y 2,165,957 1,504,589
<br />2018' :? l't, 2,955,640 1,936,929
<br />• 2019'1,.1*', 3,776,149 2,334,562
<br />020: '$^:d' 4,614,724 2,691,511
<br />'1-411.20211'+ 5,471,724 3,010,709
<br />2022 6,265,104 3,252,123
<br />12",','S, 2023 7,075,637 3,464,961
<br />13/'�`%Sr, 2024 7,878,588 3,639,782
<br />-IA14 a2025 8,698,648 3,791,167
<br />T. 4,15 2026 9,365,035 3,850,567
<br />),II?
<br />'i':16, 2027 9,979,802 3,871,073
<br />41S'::17 2028 10,218,416 3,739,272
<br />18 2029 10,461,803 3,611,638
<br />19 2030 10, 710, 057 . 3,488, 057
<br />20 2031 10,963,276 3,368,420
<br />21 2032 11,221,560 3,252,620
<br />22 2033 11,485,010 3,140,549
<br />23 2034 11,753,728 3,032,103
<br />24 2035 12,027,821 2,927,180
<br />25 2036 12,307,395 2,825,679
<br />26 2037 12,592,562 2,727,501
<br />$186,379,894 $68,943,022
<br />106/30/11
<br />1
<br />6.00%
<br />`ie; r
<br />591ml 723,309
<br />6E043,022
<br />$522,780,287
<br />', 041,
<br />rn.
<br />lf
<br />$522,780,287"i1r,,
<br />Exhibit VII
<br />SPRINGSTED
<br />Page 27
<br />•47
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