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For the payable 1988 property taxes, the respective mill rates and total assessed. valuations of these taxing jurisdictions is set out in the following table. Taxing Jurisdiction Mill Rate Assessed Valuation City of New Brighton 13.819 $ 152,793,028 Ramsey County 33.730 3,392,069,988 617,149,808 I.S.D. No. 621 Othersl 59.076 6.850 113.475 On the assumption that the estimated captured assessed value of this Tax Increment District would be available to the above taxing jurisdictions without creation of this Tax Incre- ment District, the impact of this tax increment financing on the assessed values of those taxing jurisdictions is rela- tively small, as shown by comparing on a percentage basis the estimated $666,320 .of captured assessed value to the current total assessed value of each of those jurisdictions, respectively. On the alternate assumption, which has been found to be the case, that none of the estimated captured assessed value would be available to these taxing jurisdic- tions without the creation of this Tax Increment District, during the period of this District's existence there would be no effect on the above assessed valuations, but upon the expiration or earlier termination of this Tax Increment District, each taxing jurisdiction's assessed valuations would be increased by the captured assessed value, as it may be adjusted over that time period. Section 2.11. Reasonable Expectations. As required by the Tax Increment Act, in establishing this Tax Increment District, the determination has been made that the anticipated development would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and that therefore the use of tax increment financing I Includes Metropolitan Mosquito Control District, Ramsey County Library, Rice Creek Watershed District, Metropolitan Council, Metropolitan Transit Commission, and Vocational School District No. 916. 2-3