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<br /> <br /> <br />. . <br /> <br />". <br /> <br />'. <br /> <br />if" <br /> <br />v. ALLOCArJO~ OF COSTS <br /> <br />Fat each 12 rnonth peric-d, cO"lmencing ~'n July 1, 1977, dUl'ing <br /> <br />"hich ~,his Agreement is in fOI'ce, each municipality shall cause to be <br /> <br />':ornpl,teJ the full and true market value of all taxable and tax exempt <br /> <br />,-eal estate within its corporate hr,undaries, This ClJil'putatior, shall he <br /> <br />pypresspd as "I.f,T,V,V, Curr, 'ir," in the cost allocation formula, The <br /> <br />compLtation shall be bo5ed on data ,ur~ishpd by the Rarrvy County <br /> <br />Uepart,"ent of ;ro;;erty Taxation, 'ihe City of Al'den Hills shall exclude <br /> <br />fr'Oill its c(,mputation the 3rea whlC:r. comprises the Twin City Army Ammunition <br /> <br />Plant. The total full and true market value of all taxable and tax-exempt <br /> <br />property within the corporate boundaries of the Citi,s of Shoreview, <br /> <br />Arden Hills (excluding that portion which comprises the Twin City Army <br /> <br />AI1:munition Plant) and North Oaks shall be expressed as "T.F,T.M,V. Curr. Yr," <br /> <br />in the cost allocation formula, <br /> <br />CO;1,mencing on July 1. 1977, all fire protection costs, as that <br /> <br />term is defined in paragraph II shall be allocated among the municipalities <br /> <br />in accordance with the following formula: <br /> <br />Individual <br />Municipality's <br />Share of Fire <br />Protection Cost <br /> <br />x <br /> <br />,Fire Protection <br />Cost To Be <br />All oca ted <br /> <br />I.F,T.M,'/, Carr, Yr. <br />T.F,T,M,V, Curr, Yr <br /> <br />= <br /> <br />tx-U;r It <br /> <br />. <br />