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TIF REPORT PART 3
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05-22-2012
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TIF REPORT PART 3
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TIF #32 — New Brighton Exchange (East Side) <br /> Description: <br /> This Redevelopment District was established in order to assist with the development of 628,600 sq ft of office space, 30,000 sq ft of <br /> mixed commercial space, 80 rental units, 156 townhomes flats and 124 lost condominiums within the Development District. <br /> Adopted- 12/13/2005 <br /> Requested Date: 06/14/2006(TIF District) <br /> 06/14/2006(Hazardous Substance Subdistrict) <br /> Certified Date: 04/19/2007(TIF District) <br /> 04/19/2007(Hazardous Substance Subdistrict) <br /> Decertifies 12/31/2036 <br /> Modifications: None <br /> t PIN Num <br /> Current PIN Number(s) TIF District <br /> None TIF District <br /> 20.30.23.14.0003 through 20.30.23.14.0004 <br /> 20.30.23.41.0003 through 20.30.23.41.0019 <br /> 20.30.23.44.0002 <br /> HSS District <br /> 21.30.23.32.0013 I <br /> 21.30.23.32.0014 <br /> 21.30.23.32.0016 I <br /> Fiscal Disparities Election: The City elected to calculate fiscal disparities from outside(A election)the district. <br /> Frozen Tax Rate: 111.508% <br /> First Receipt of Increment: July 2007 <br /> 43/ Management Review&Analysis-Tax Increment Financing Districts February 2012 <br /> New Brighton, Minnesota Page 199 <br />
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