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(ii)A comparative analysis of estimated market value both with and <br />without establishment of the TIF District and the use of tax <br />increments has been performed. Such analysis is included with the <br />cashflow in Appendix B and indicates that the increase in estimated <br />market value of the proposed development (less the indicated <br />subtractions) exceeds the estimated market value of the site absent <br />the establishment of the TIF District and the use of tax increments. <br />DISTRICT ADMINISTRATION <br />Administration of the District will be handled by the Economic Development <br />Manager. <br />City of Ramsey <br />Tax Increment Financing District No. 18 (Oppidan Industrial) 12 <br />