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5/22/2017 <br />" I E LE RS <br />rna w. imi,gi,nn iiiv,in.11'1 <br />Bunker Lake Industrial Park <br />City of Ramsey <br />60,000 sq. ft. Industrial <br />Base Value Assumptions - Page 1 <br />ASSUMPTIONS AND RATES <br />DistrictType: <br />District Name/Number: <br />County District #: <br />First Year Construction or Inflation on Value <br />Existing District - Specify No. Years Remaining <br />Inflation Rate - Every Year <br />Interest Rate <br />Present Value Date <br />First Period Ending <br />Tax Year District was Certified <br />Cashflow Assumes First Tax Increment For Development <br />Years of Tax Increment <br />Assumes Last Year of Tax Increment <br />Fiscal Dispanbes Election [Outside (A), Inside (B), or NA] <br />Incremental or Total Fiscal Disparities <br />Fiscal Disparities Contribution Ratio <br />Fiscal Disparities Metro -Wide Tax Rate <br />Maximum/Frozen Local Tax Rate <br />Current Local Tax Rate (Use lesser of Current or Max ) <br />State-wide Tax Rate (Comm /Ind only used for total taxes) <br />Market Value Tax Rate (Used for total taxes) <br />Economic Development <br />2017 <br />3.00% <br />4.00% <br />1-Aug-18 <br />1-Feb-19 <br />Pay 2018 <br />2019 <br />9 <br />2027 <br />Inside(B) <br />Incremental <br />37 8305% <br />150 0490% <br />103 404% <br />103 404% <br />45 8020% <br />0 21561% <br />Pay 2017 <br />Pay 2017 <br />Pay 2017 <br />Pay 2017 <br />Pay 2017 <br />Pay 2017 <br />Tax Rates <br />Exempt Class Rate (Exempt) <br />Commercial Industrial Preferred Class Rate (C/I Pref ) <br />First $150,000 <br />Over $150,000 <br />Commercial Industrial Class Rate (C/I) <br />Rental Housing Class Rate (Rental) <br />Affordable Rental Housing Class Rate (Aff Rental) <br />First $115,000 <br />Over $115,000 <br />Non -Homestead Residential (Non-H Res 1 Unit) <br />First $500,000 <br />Over $500,000 <br />Homestead Residential Class Rate (Hmstd Res ) <br />First $500,000 <br />Over $500,000 <br />Agricultural Non -Homestead <br />0 00% <br />1 50% <br />2 00% <br />2 00% <br />1 25% <br />0 75% <br />0 25% <br />1 00% <br />1 25% <br />1 00% <br />1 25% <br />1 00% <br />BASE VALUE INFORMATION (Original Tax Capacity) <br />Map# PID Owner <br />Land <br />Address Market Value <br />1 29-32-25-12-0003 Hageman Unassigned 728,600 <br />Note: <br />Prepared b Ehlers ssoc ates, Inc -Estimates Only <br />Building Total Percentage Tax Year <br />Market Market Of Value Used Original Original <br />Value Value for District Market Value Market Value <br />0 728,600 12% 87,432 Pay 2018 <br />87,432 <br />Property <br />Tax <br />Class <br />C/I Pref <br />Current <br />Original <br />Tax Capacity <br />1,311 <br />1,311 <br />Class <br />After <br />Conversion <br />C/I Pref <br />After <br />Conversion <br />Oriq. Tax Cap. <br />1,311 <br />1,311 <br />II rVd ota,Pamse H_ a-E_cmc Fede,elopment,TIFTIF DIstn{ts,TIF DIstn{t Hs I6-FSG\TIFFunsrilF Flan Fun"'-17 <br />Area/ <br />Phase <br />