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6. Summary of Individual Tax Increment Financing Districts 45 45 Tax Increment Financing Redevelopment District No. 34 – Active Midtown Village Description: Establishment of TIF Redevelopment District No. 34 facilitated redevelopment of New Brighton Elementary School into a mixed-income and diversified housing project comprising of 154 workforce housing units, 200 senior housing units and 54 owner-occupied townhome housing units within the project area. Adopted: 4/23/2019 Requested Date: Certified Date: 1/28/2020 Decertifies: 12/31/2047 Modifications: None Current PIN Number(s): 29.30.23.13.0020 29.30.23.13.0020 29.30.23.13.0224 29.30.23.13.0223 29.30.23.13.0225 29.30.23.12.0176 29.30.23.12.0149-0175 29.30.23.13.0187-0221 Fiscal Disparities Election: The City elected to calculate fiscal disparities from within (B election) the district. Frozen Tax Rate: 124.538% First Receipt of Increment: July 2022 Allowable Uses: MN Statute 469.176 sub 4j specifies the activities on which tax increment from a redevelopment district may be spent. In general, tax