Laserfiche WebLink
City of Elk River, Minnesota <br />Tax Increment Financing (Economic Development) District No. 26 <br />Shoot Steel, INC <br />Draft TIF Plan Exhibits <br />Note Date: <br />Note Rate: <br />Amount: <br />Date <br />(1) <br />02/01/21 <br />4.00% <br />$190,000 <br />Principal <br />(2) <br />Interest <br />(3) <br />P & I <br />(4) <br />Semi -Annual <br />Net <br />Revenue <br />(5) <br />Capitalized <br />Interest <br />(6) <br />Loan <br />Balance <br />Outstanding <br />(7) <br />190, 000.00 <br />02/01/21 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />190,000.00 <br />08/01 /21 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />3,800.00 <br />193, 800.00 <br />02/01/22 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />3,876.00 <br />197,676.00 <br />08/01/22 <br />7,415.98 <br />3,953.52 <br />11,369.50 <br />11,369.50 <br />0.00 <br />190,260.02 <br />02/01 /23 <br />7,564.30 <br />3,805.20 <br />11, 369.50 <br />11, 369.50 <br />0.00 <br />182, 695.72 <br />08/01 /23 <br />8,190.09 <br />3,653.91 <br />11, 844.00 <br />11, 844.00 <br />0.00 <br />174, 505.63 <br />02/01/24 <br />8,353.89 <br />3,490.11 <br />11,844.00 <br />11,844.00 <br />0.00 <br />166,151.74 <br />08/01/24 <br />9,008.47 <br />3,323.03 <br />12,331.50 <br />12,331.50 <br />0.00 <br />157,143.27 <br />02/01/25 <br />9,188.63 <br />3,142.87 <br />12,331.50 <br />12,331.50 <br />0.00 <br />147,954.64 <br />08/01/25 <br />9,875.41 <br />2,959.09 <br />12,834.50 <br />12,834.50 <br />0.00 <br />138,079.23 <br />02/01 /26 <br />10, 072.92 <br />2,761.58 <br />12, 834.50 <br />12, 834.50 <br />0.00 <br />128, 006.31 <br />08/01/26 <br />10,792.37 <br />2,560.13 <br />13,352.50 <br />13,352.50 <br />0.00 <br />117,213.94 <br />02/01/27 <br />11,008.22 <br />2,344.28 <br />13,352.50 <br />13,352.50 <br />0.00 <br />106,205.72 <br />08/01/27 <br />11,761.39 <br />2,124.11 <br />13,885.50 <br />13,885.50 <br />0.00 <br />94,444.33 <br />02/01 /28 <br />11, 996.61 <br />1,888.89 <br />13, 885.50 <br />13, 885.50 <br />0.00 <br />82, 447.72 <br />08/01/28 <br />12,786.05 <br />1,648.95 <br />14,435.00 <br />14,435.00 <br />0.00 <br />69,661.67 <br />02/01/29 <br />13,041.77 <br />1,393.23 <br />14,435.00 <br />14,435.00 <br />0.00 <br />56,619.90 <br />08/01 /29 <br />13, 868.60 <br />1,132.40 <br />15, 001.00 <br />15, 001.00 <br />0.00 <br />42, 751.30 <br />02/01/30 <br />14,145.97 <br />855.03 <br />15,001.00 <br />15,001.00 <br />0.00 <br />28,605.33 <br />08/01 /30 <br />15, 011.39 <br />572.11 <br />15, 583.50 <br />15, 583.50 <br />0.00 <br />13, 593.94 <br />02/01/31 <br />13,593.94 <br />271.88 <br />13,865.82 <br />13,865.82 <br />0.00 <br />0.00 <br />08/01 /31 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />02/01 /32 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />08/01 /32 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />02/01/33 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />08/01 /33 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />02/01 /34 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />08/01 /34 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />02/01 /35 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />08/01 /35 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />02/01 /36 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />$197,676 <br />$41,880.32 <br />$239,556.32 <br />$239,556.32 <br />$7,676.00 <br />Surplus Tax Increment <br />1,717.68 <br />Total Net Revenue <br />$241,274.00 <br />