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• City=$72,759 <br /> • County=$80,143 <br /> • School=$65,502 <br /> • State=$75,387 <br /> • MV=$16,216 <br /> • Other=$7,369 <br /> TOTAL=$320,376 <br /> Assuming the expansion is complete in 2018, based on current tax rates, it is fair to assume Sportech's <br /> total abatement request will be complete in 12-13 years,versus the 20 year requested term. <br /> Furthermore,the City's development fund will be reimbursed$1,288,590 between year 9-10 of the <br /> term. <br /> Description of Request—County <br /> Sportech is requesting abatement in the amount of$811,845 from Sherburne County over a 15 year <br /> term. If the county does not provide abatement,the city would be paid back for the land by year 18 of <br /> the term, provided Sportech builds the 73,500 expansion. <br /> Sportech is only requesting abatement for the initial building, not the taxes generated by the planned <br /> expansion. <br /> List of Shareholders/Partners <br /> Envision,LLC(the real estate entity) <br /> • Chris Carlson, 39.16% <br /> • Deb Carlson,36.19% <br /> • Andrew Carlson, 10.84% <br /> • Taylor Carlson, 10.84% <br /> Sportech, Inc. (the business entity) <br /> • Chris Carlson,44.91% <br /> • Deb Carlson,44.91% <br /> • Andrew Carlson,5.09% <br /> • Taylor Carlson, 5.09% <br /> Legal Description&PID(s) <br /> Lots 1 &2, Nature's Edge Business Center, 2nd Addition <br /> 75-828-0205 and 75-828-0210 <br />