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2007-06-13 CC
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2007-06-13 CC
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3/23/2009 8:30:59 AM
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6/7/2007 4:46:08 PM
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<br />SCHEDULE E <br /> <br />ESTIMATES OF FINANCIAL ASSISTANCE <br /> <br />The following are preliminary estimates of public financial assistance to be made available to the <br />Developer: <br /> <br />ESTIMATES OF PUBUC <br />ASSISTANCE <br />MN DEED Redevelopment Grant $ 588,900.00 <br /> Beard EMV <br />*Tax Increment Financing - Phase One $2,819,152.00 $ 4,544,800.00 <br />*Tax Increment Financing - Phase Two $4,577,035.00 $ 5,120,000.00 <br />*Tax Increment FInancing - Phase <br />Three $1,206,540.00 $10,560,000.00 <br />*Tax Increment FInancing - Phase Four $ 770,358.00 $ 5,400,000.00 <br />*Tax Increment FInancing - Total $9,373,085.00 $75,624,800.00 <br /> <br />The city will file grant applications for potentially additional public assistance <br /> <br />The above estimates were prepared using estimates of market values provided by the Developer. <br />
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