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Agenda - Council - 02/10/2015
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Agenda - Council - 02/10/2015
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3/17/2025 3:59:46 PM
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5/14/2015 2:43:51 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/10/2015
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Level of Overlapping Debt <br />Taxing District <br />2013/14 Taxable <br />Net Tax Capacity <br />° /0 in City <br />Total GO Debt <br />City's <br />Proportionate <br />Share <br />Anoka County <br />$ 271,469,369 <br />7.1304% <br />$ 106,810,000 <br />$ 7,615,980 <br />I.S.D No. 11 (Anoka -Hennepin) <br />$ 177,995,880 <br />9.6604% <br />$ 58,620,000 <br />$ 5,662,926 <br />I.S.D No. 782 (Elk River) <br />$ 59,861,669 <br />3.6110% <br />$ 246,755,000 <br />$ 8,910,323 <br />Metropolitan Council <br />$ 2,999,061,916 <br />0.6454% <br />$ 155,020,000 <br />$ 1,000,499 <br />City's Share Total of Overlapping Debt <br />$ <br />23,189,729 <br />Relative Costs and Benefits of Alternative Uses of the Funds <br />There are no significant alternatives for funds designated for this project. <br />Operating Costs of the Proposed Improvements <br />Operating costs will be comparable or less than the current building largely <br />due to HVAC systems being more efficient that the current site. Also, the <br />new building will have smaller square footage to heat and cool (verses <br />heating and cooling the entire "old city hall). <br />Options for Shared Facilities with Other Cities or Local Government <br />Options for mutual use include a planned space for police patrol to use as a <br />report writing location. Also, future use may include ambulance service <br />staging from this location. <br />Ehlers & Associates, Inc. Page 9 <br />
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