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<br /> <br />December 7, 2018 <br /> <br />Mr. Chris Samuel, County Auditor Ms. Sandra Westerman, School Board Clerk <br />Ramsey County Moundsview Public ISD No. 621 <br />90 W. Plato Blvd. 4570 Victoria St. N. <br />Saint Paul, MN 55107 Shoreview, MN 55126 <br /> <br />Re: The City of New Brighton's proposed modification to the Tax Increment Financing Plan for <br />TIF District No. 26: Brighton Corporate Business Park III. <br /> <br />Dear Mr. Samuel and Ms. Westerman: <br /> <br />The City of New Brighton (the "City") is proposing to adopt a Modification to the Budget for Tax Increment <br />Financing Plan (the "Modification") for TIF District No. 26: Brighton Corporate Business Park III (the "TIF <br />District") to reflect tax increment collected to date and expected to be collected through the remaining term <br />of the TIF District. The TIF District is a redevelopment district that was certified on January 22, 1999 and <br />has a maximum life of 26 years of tax increment. A map of the TIF District is in Appendix B of the enclosed <br />TIF Plan. <br /> <br />As required by Minnesota Statutes, Section 469.175, Subd. 4, we hereby forward a draft of the <br />Modification. Please note that the Modification is in draft form for distribution to the County Board and <br />the School Board. The City reserves the right to make changes to this draft document prior to the public <br />hearing. <br /> <br />We would like to solicit your comments and offer to meet with you at your convenience, if you so desire. <br />In addition, we invite you to attend the public hearing to be held by the City Council at City Hall on January <br />8, 2019, beginning at approximately 6:30 P.M. or to direct any comments or questions that you may have to <br />Benjamin Gozola (City of New Brighton) at 651-638-2059, or to me at 651-697-8506. <br /> <br />Thank you for your consideration in reviewing the enclosed TIF Plan. <br /> <br />Sincerely, <br /> <br />EHLERS & ASSOCIATES, INC. <br /> <br />Senior Municipal Advisor <br /> <br />Acting for and on behalf of the City of New Brighton, Minnesota <br /> <br />Enc. <br /> <br />cc: Benjamin Gozola, City of New Brighton <br />Jenny Boulton, Kennedy & Graven <br />