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94-051
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94-051
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8/4/2005 9:42:06 AM
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8/3/2005 3:34:27 PM
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<br />..... ~ \.. <br /> <br />EXHIBIT XXIV-E <br /> <br />ESTIMATED IMPACT OF TAX INCREMENT FINANCING DISTRICT NO. 23 <br />ON OTHER TAXING JURISDICTIONS <br /> <br />IMPACT ON TAX BASE <br /> <br />------------------ <br /> <br />TAX CAPACITIES <br /> <br />ENTITY <br /> <br />TAX BASE <br /> <br />ORIGINAL ESTIMATED <br /> <br />CAPTURED <br /> <br />DISTRICT <br />% OF <br />TOTAL <br /> <br />------------------------------ <br /> <br />-------------------------------------------------------------------------------- <br /> <br />City of New Brighton <br />County of Ramsey <br />ISD #1621 <br /> <br />15,018,035 <br />342,590,869 <br />60,302,393 <br /> <br />2,378 <br />2,378 <br />2,378 <br /> <br />21,275 <br />21,275 <br />21,275 <br /> <br />18,897 <br />18,897 <br />18,897 <br /> <br />0.126% <br />0.006% <br />0.031% <br /> <br />IMPACT ON TAX RATE <br /> <br />ENTITY <br /> <br />CURRENT <br />TAX CAPACITY <br />RATE <br /> <br />% OF <br />TOTAL <br /> <br />POTENTIAL <br />TAX <br />INCREMENT <br /> <br />IMPACT * <br /> <br />-------------------------------------------------------------------------------- <br /> <br />City of New Brighton 0.17542 13% 3,315 0.022% <br />County of Ramsey 0.44461 34% 8,402 0.002% <br />ISD #1621 0.65442 49% 12,367 0.021% <br />Other 0.05245 4% 991 <br /> ------- ------ <br /> 1.32690 100% 25,074 <br /> <br />* Assumes the construction would have occurred without the creation of a Tax <br />Increment Financing District. If the construction is a result of Tax <br />Increment Financing, the impact is $0. <br /> <br />XXIV-E-1 <br />
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