8115G004 Metro Plains •BOTH-Developer Fronts Land Acquisition
<br /> Pegg 2002
<br /> CITY OF ELK RIVER-RIVERFRONT REDEVELOPMENT AREA
<br /> DRAFT FOR DISCUSSON ONLY
<br /> Metro Plains Area A-Riverfront Redevelopmen
<br /> iitgA3v,' ;F T*a.,lat-W°v `..13«Projact ,. 1.... .M 1F3 al Adm- .0 &S`Semi-Annual PAYMENT u+f.Z`ls"u'i:
<br /> Base Propel Captured Semi-Annual State Semi-Annual Admin. Pooling Semi-Annual PAYMENT DATE
<br /> PERIOD BEGINNING Tax Tax Tax Gross Tax Auditor Net Tax at at Gross Tax PERIOD ENDING
<br /> Yrs. MM. Yr. Capacity Capacity Capacity Increment 096% Incromenl 5.00% 8.00% IncromaM Yrs. 0. Yr.
<br /> 0.0 02-01 2003 9,305 9,305
<br /> 00 08.5-01 2003
<br /> 0.0 08-01 2003 9.305 9,305 0.0 02-01 2004
<br /> 00 02-01 2004 9,305 9,305 Present Yalu Date 0801M 0.0 08-01 2004
<br /> 06 08-01 2004 0,305 9,305 0.0 0201 2005
<br /> 00 02-01 2005 9,305 9.305 00 08-01 2005
<br /> 0.0 08-01 2005 9,305 9,305 00 02-01 2006
<br /> 0. 02-01 2006 9,305 9,305 0.5 08-01 2006
<br /> 0.5 08.01 2006 9,305 9,305 10 02-01 2007
<br /> 1.0 02-01 2007 9,305 171,150 161,84 99,30 (35) 98,94 (4,94) (5,93) 88,06 1.5 08-01 2007
<br /> 1.5 08-01 2007 9.305 171,150 161,84 99,30 (35) 90.94 (4,84 ) (5,93) 8606 20 02-01 2008
<br /> 2.0 02-01 2008 9,305 171,150 16194 9630 (35 ) 98,94 (4,94 ) (593) 80,06 23 08-01 2008
<br /> 2.5 08-01 2008 0,305 171,150 16184 99,30 (35 I 98,94 (494 ) (5,93 ) 88,06 30 02-01 2000
<br /> 30 02-01 2009 9,305 171,150 161,84 99,30 (35) 98,94 (4,94 ) (5,93) 88,06 3.5 08-01 2009
<br /> 3.5 08-01 2009 9,305 171,150 161,64 99,30 (35) 90,94 (4,94) (5,93) 88,06 4.0 02-01 2010
<br /> 4.0 02-01 2010 9,305 171,150 161,84 99,30 (35) 98,94 (4,94) (5,93) 88,06 4.5 08-01 2010
<br /> 43 08-01 2010 9,305 171,150 16184 99,30 (35 ) 95.946 (4,94 ) (5,93 I 88,06 5O 02,01 2011
<br /> 5.0 02-01 2011 9,305 171,150 161,84 99,30 (35 I 98,94 (4,94 ) (5,93 ) 88,06 5.5 08-01 2011
<br /> 55 08-01 2011 9,305 171,150 161,84 99,30 (35) 98,94 (4941 (5,93 1 88,06 60 02-01 2012
<br /> 6.0 02-01 2012 9,305 171,150 161,04 99,30 (35) 98,94 (4,94) (5,93) 88,06 6.5 08-01 2012
<br /> 6.5 08-01 2012 8,305 171,150 161,64 99,30 (35) 98,94 (4,94 ) (5,93) 00,06 7.0 02-01 2013
<br /> 7.0 02-01 2013 9,305 171,150 161,84 99,30 (35 1 98,846 (4,94 ) (5,03) 88,06 7.5 08-01 2013
<br /> 7.5 08.01 2013 9,305 171,150 161,84 99,30 (35 ) 98,946 (4,94 1 (5,93 ) 88,06 8.0 02-01 2014
<br /> 8.0 02-01 2014 9,305 171,150 161,84 99,30 (35) 98,946 (4,94) (5,93) 88,06 8.5 08-01 2014
<br /> 8.5 08-01 2014 9,305 171,150 161,64 9930 (35) 95,946 (4,94) (5,93) 6606 9.0 02-01 2015
<br /> 9.0 02-01 2015 0,305 171,150 161,84 99,30 (35) 90,946 (4,94) (593) 00,06 9.5 08-01 2015
<br /> 9.5 08-01 2015 9,305 171,150 16194 99,30 (35 ) 98,946 (4,94 I (5,93 1 8606 10.0 02-01 2016
<br /> 10.0 02.01 2016 9,305 171,150 161.84 99,30 (35 I 98,946 (894 ) (5,93) 88,06 105 08-01 2016
<br /> 105 06-01 2016 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 1 (5,93) 68,06 11.0 02-01 2017
<br /> 11.0 02-01 2017 9,305 171,150 161,84 99,30 (35) 90,946 (4,94) (5,93) 66,06 113 08-01 2017
<br /> 11.5 08-01 2017 9,305 171,150 161,54 99,30 (35) 98,946 14,94 ) (5,93) 88,06 12.0 02-01 2018
<br /> 12.0 02-01 2010 9,305 171,150 161,84 99,30 (35 ) 98,946 (4,94 ) (5,93) 88,06 12.5 06-01 2018
<br /> 12.5 06-01 2010 9,305 171,150 161,84 99,30 (35 1 98,946 (4,94 ) (5,93) 88,06 13.0 02-01 2019
<br /> 13.0 02-01 2019 9,305 171,150 161.84 99,30 (35) 96,946 (4,94) (5,93) 88,06 135 00-01 2019
<br /> 13.5 08-01 2019 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 ) (5,93) 00,06 14.0 02-01 2020
<br /> 14.0 02-01 2020 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 ) (5,93 I 86.06 14.5 08-01 2020
<br /> 14.5 05-01 2020 9,305 171,150 161,84 89,30 (35 ) 98,946 (4,94 ) (5,93) 88,06 15.0 02-01 2021
<br /> 15.0 02-01 2021 9,305 171,150 161,84 99,30 (35) 98,946 (4,94) (5,93) 88.06 15.5 06-01 2021
<br /> 15.5 08-01 2021 9,305 171,150 161,84 99,30 (35) 90,946 (4.94) (593) 8606 160 02-01 2022
<br /> 16.0 02-01 2022 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 ) (5931 68,06 185 08-01 2022
<br /> 16.5 08-01 2022 9,305 171,150 161,84 99,30 (35 1 98,946 (4,94 ) (5,93 ) 88,062 17.0 02-01 2023
<br /> 17.0 02-01 2023 9,305 171,150 16194 99,30 (35 ) 98,946 (4,94) (5,937) 8806 17.5 00 01 2023
<br /> 17.5 08-01 2023 9,305 171,150 161,84 99,30 (35) 90,946 (4,94) (5,937) 86,06 180 02-01 2024
<br /> 18.0 02-01 2024 9,305 171,150 161.84 99,30 (35) 90,946 (4,94 ) (5,937) 86,06 10.5 08-01 2024
<br /> 18.5 00-01 2024 9,305 171,150 161,84 99,30 (35 2. 98,946 (4,94 1 (5,937) 8806 180 02-01 2025
<br /> 19.0 02-01 2025 9,305 171,150 15194 99,30 (35 ) 98,946 (4,94 I (5,937) 88,06 19.5 05-01 2025
<br /> 19.5 08-01 2025 9,305 171,150 181,64 99,30 (35 1 90,946 (4,94) (8937) 68,06 20.0 02-01 2026
<br /> 20.0 02-01 2026 9,305 171,150 161,84 99,30 (35) 98,946 (4.94 ) (5937) 8606 205 08-01 2026
<br /> 20.5 08-01 2028 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 ) (5,937) 8606 21.0 02-01 2027
<br /> 21.0 02-01 2027 9.305 171,150 161,84 99,30 (35 1 98,948 (4,94 I (5,937) 8806 21.5 00-01 2027
<br /> 21.5 08-01 2027 9.305 171,150 161,84 99,30 (35) 96,946 (4,94) (5,937) 88,06 220 02-01 2028
<br /> 220 02-01 2028 9,305 171,150 161,84 99.30 (35) 90,946 14,94 ) (5937) 86,06 22.5 08-01 2028
<br /> 22.5 08-01 2028 9,305 171,150 161,84 99,30 (35) 98,946 (4,94 ) (5,937) 8896 230 02-01 2029
<br /> 23.0 02-01 2029 9.305 171.150 161,84 99,30 (35 ) 98,946 (4,94 ) (5,937) 88,06 23.5 06-01 2029
<br /> 23.5 0001 2029 9,305 171,150 161,64 99,30 (35) 98,946 (4,94) (5,937) 08,06 24.0 02-01 2030
<br /> 24.0 02-01 2030 9,305 171,150 181,04 99.30 (35) 90,946 (4,94) (8937) 8606 24.5 08-01 2030
<br /> 24.5 08-01 2030 9,305 171,150 16194 99,30 (35) 98946 (4,94 ) (5,937) 88,06 25.0 02-01 2031
<br /> 25.0 02.01 2031 9,305 171,150 161.84 99,30 (35 1 98,946 (4,94 I (5,937) 88.062 255 08-01 2031
<br /> 25.5 08-01 2031 9305 171,150 161,84 9930 (35 1 98,946 (4,94) (5,937) 88.06 26.0 02-01 2032
<br /> Topb 4,865,16 (17,87) 4,947,286 (247,364) (296,837) 4,403,085
<br /> Present Value Date 08-01-04 2,345,276 (117,264) (140,717( 2,067,296
<br /> AMOUNT TO 9EVELO ER 2,090,000
<br /> Prepared by Ehlers Camino*44844
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