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Management Review & Analysis – Tax Increment Financing Districts City of New Brighton Page 15 April 2018 Tax Increment Financing Districts TIF #17 – County Road D / Interstate – DECERTIFIED AS OF 12/31/2016 Description: This Redevelopment District was established in order to assist in the development of an 80,000 sq. ft. office/showroom facility to be constructed in two phases within the Development District. Adopted: ..................04/25/1989 Requested Date: ......05/02/1989 Certified Date: ........06/08/1990 Decertified ..............12/31/2016 Modifications: .........03/27/2001- Budget modification 11/25/2003- Budget modification 12/14/2004- Budget modification 12/13/2005- Budget modification Current PIN Number(s): Current PIN Number(s) 32.30.23.43.0013 Fiscal Disparities Election: The City elected to calculate fiscal disparities from outside (A election) the district. Frozen Tax Rate: 91.863% First Receipt of Increment: July 1991