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Anoka County <br />City of Ramsey <br />Anoka - Hennepin ISD No. 11 <br />Anoka County <br />City of Ramsey <br />Anoka - Hennepin ISD No. 11 <br />Other <br />Total <br />IMPACT ON TAX BASE <br />2018/Pay 2019 <br />Total Net <br />Tax Capacity <br />334,743,112 <br />24,849,839 <br />177,609,029 <br />Estimated Captured <br />Tax Capacity (CTC) <br />Upon Completion <br />IMPACT ON TAX RATES <br />Pay 2019 <br />Extension Rates <br />0.344730 <br />0.403550 <br />0.163300 <br />0.050540 <br />0.962120 <br />165,406 <br />165,406 <br />165,406 <br />Percent of CTC <br />to Entity Total <br />Percent <br />of Total CTC <br />35.83% 165,406 <br />41.94% 165,406 <br />16.97% 165,406 <br />5.25% 165 406 <br />100.00% <br />0.0494% <br />0.6656% <br />0.0931 % <br />Potential <br />Taxes <br />57,020 <br />66,750 <br />27,011 <br />8,360 <br />159,140 <br />The estimates listed above display the captured tax capacity when all construction is completed. The tax rate <br />used for calculations is the Pay 2019 rate. The total net capacity for the entities listed above are based on Pay <br />2019 figures. The District will be certified under the Pay 2020 rates, which were unavailable at the time this <br />TIF Plan was prepared. <br />Pursuant to M.S. Section 469.175 Subd. 2(b): <br />(1) Estimate of total tax increment. It is estimated that the total amount of tax increment that will be <br />generated over the life of the District is $1,197,486, <br />(2) Probable impact of the District on citv provided services and abilitv to issue debt. An impact of the <br />District on police protection is not expected. The City does track all calls for service including <br />property -type calls and crimes. With any addition of new residents or businesses, police calls for <br />service will be increased. However, the City believes any new calls generated from the development <br />will be negligible. New developments add an increase in traffic, and additional overall demands to <br />the call load. The City does not expect that the proposed development, in and of itself, will <br />necessitate new capital investment. <br />The probable impact ofthe District on fire protection is not expected to be significant. Typically new <br />buildings generate few calls, if any, and are of superior construction. <br />The impact ofthe District on public infrastructure is expected to be minimal. The development will <br />require the construction of an internal public roadway for internal circulation and to maximize the <br />are that can be developed with buildings The City anticipates construction of this internal public <br />roadway at the time of development. The current infrastructure for sanitary sewer, storm sewer and <br />water will be able to handle the additional volume generated from the proposed development. Based <br />on the development plans, there are minor additional costs associated with street maintenance, <br />sweeping, plowing, lighting and sidewalks. The development in the District is expected to contribute <br />City of Ramsey Tax Increment Financing Plan for Tax Increment Financing District No. 17: Delta Modtech 2-6 <br />