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The outstanding principal amount of bonds issued or other loans incurred to finance <br />project costs in TIF District No. 4; <br /> <br />For the reporting period and for the duration of TIF District No. 4, the amount <br />budgeted under the TIF Plan and the actual amount expended for the following <br />categories: <br /> <br />a) Acquisition of land and buildings through condemnation or purchase; <br /> <br />b) Site improvement or preparation costs; <br /> <br />c) <br /> <br />d) <br /> <br />Installation of public utilities or other public improvements; <br /> <br />Administrative costs, including the allocated cost of the City; <br /> <br />For properties sold to developers, the total cost of the property to the City and the <br />price paid by the developer;, and <br /> <br />The amount of tax exempt obligations, other than those reported under clause (3), <br />which were issued on behalf of private entities for facilities located in TIF District <br />No. 4. <br /> <br />X. Notification of Prior Planned Improvements. <br /> <br /> Pursuant to §469.177, Subdivision 4 of the TIF Act, the City has reviewed its records with <br />regard to the property within TIF District No. 4 and has found that a building permit was issued <br />within TIF District No. 4 in 1988. Although this building permit was issued within 18 months <br />prior to approval of the TIF Plan, the county auditor shall not increase the original assessed value <br />of TIF District No. 4 by the assessed valuation of the additio.n for which the permit was issued <br />because the permit was issued within three months of the date of approval of the Plan for TIY <br />Disn-ict No. 4 by the CID,. <br /> <br />Y. Assessment Agreements. <br /> <br /> Pursuant to §469.177, Subd. 8 of the TIF Act, the City may, execute an assessment <br />agreement in recordable form with the owner which establishes a minimum market value of the <br />land and completed improvements for the duration of TIF District No. 4. The assessment <br />agreement shall be presented to the Anoka County Assessor who shall review the plans and <br />specifications for the improvements to be constructed, review the market value previously assigned <br />to the land upon which the improvements are to be constructed and so long as the minimum market <br />value contained in the assessment agreement appears in the judgment of the assessor to be a <br />reasonable estimate, the assessor may certify the minimum market value agreement. The <br />assessment agreement shall be filed on record in the office of the Anoka County Recorder. <br />Recording or filing of an assessment agreement complying with the terms of {}469.177, Subd. 8 of <br />the TIY Act shall constitute notice of the ageement to an',, subsequent purchaser or encumbrancer <br />of the land or an), part thereof, whether voluntary or involuntary, and shall be binding upon them. <br /> <br />Z. Summary of Cash Flow Assumptions. <br /> <br /> The following is a summary of the assumptions underlying the estimate of tax increment <br />related to the projects during the life of TIF District No. 4: <br /> <br />1. The ori~nal tax capacity of the district is $. <br /> <br /> <br />