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Item 5.7
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07-25-2000
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Item 5.7
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7/16/2018 9:40:47 AM
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CITY OF ELK RIVER,MINNESOTA-TIF DISTRICT NO.21 (ANC) <br /> • <br /> BUT/FOR ANALYSIS <br /> Current Market Value-Est. 763,000 <br /> New Market Value-Est. 3,869,000 <br /> Difference 3,106,000 <br /> Present Value of Increment a 8.00% 843,511 <br /> Difference 2,262,489 <br /> Value Likely to Occur Without TIF is Less Than: 2,262,489 <br /> IMPACT ANALYSIS <br /> TAX CAPACITIES <br /> SHERBURNE COUNTY 59,143,714 105,604 0.179% <br /> CITY OF ELK RIVER 13,208,236 105,604 0.800% <br /> DISTRICT 728 17,985,332 105,604 0.587% <br /> TAX RATES <br /> SHERBURNE COUNTY 0.314680 105,604 33,231 <br /> CITY OF ELK RIVER 0.302480 105,604 31,943 <br /> DISTRICT 728 0.560270 105,604 59,167 <br /> OTHER 0.017090 105,604 1,805 <br /> TOTALS 1.194480 126,146 <br /> • <br /> 11111 <br /> Prepared by City of Elk River 7/20/2000 Page 1 <br />
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