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04/23/13
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04/23/13
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Last modified
7/18/2025 11:25:03 AM
Creation date
4/24/2013 12:08:12 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority
Document Date
04/23/2013
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Redevelopment TIF„ IF Capacity <br />Ramsey Town Center - Ramsey, MN <br />Item Description <br />Retail/Commercial Districts <br />RTC Retail <br />Mixed -Use District <br />Ramp B <br />Business District <br />Ramp to Station <br />Housing Districts <br />Development and offsite <br />Redevelopment Districts <br />Total Redevelopment Parcels <br />Subtotal <br />Acreage Valuation Tax/Annually <br />69.23 65,765,233 1,644,131 <br />16.78 31,879,653 796,991 <br />38.81 36,870,032 921,751 <br />40.02 70,383,974 985,376 <br />221.60 159,552,000 3,988,800 <br />386.44 364,450,892 8,337,049 <br />TIF Capac <br />Calculation: <br />Duration (years) <br />Buildout Factor (rate) <br />Percentage of Capacity <br />Basis for increment <br />25 <br />0.5 <br />1 <br />0.8 <br />TIF Capacity (present <br />value) $83,370,486 <br />
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