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Last modified
7/17/2007 9:29:34 AM
Creation date
1/10/2006 3:17:23 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
12/19/2006
Resolution #
10367
Resolution Title
RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN PROPERTY FOR PUBLIC USE BY RIGHT OF EMINENT DOMAIN
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<br />EXHIBIT 17-E <br /> <br />ESTIMATED IMPACT OF TAX INCREMENT FINANCING DISTRICT NO. 17 <br /> <br /> IMPACT ON TAX BASE <br /> ORIGINAL ESTIMATED CAPTURED DISTRICT <br /> TAX TAX TAX TAX AS% <br />ENTITY BASE CAPACITY CAPACITY CAPACITY** OF TOTAL <br />City of Roseville 37,211,018 477,171 2,648,770 2,171,599 5.836% <br />County of Ramsey 372,289,367 477,171 2,648,770 2,171,599 0.583% <br />ISD # 621 70,841,477 477,171 2,648,770 2,171,599 3.065% <br /> <br /> IMPACT ON TAX RATE * <br /> CURRENT %OF ESTIMATED TAX RATE <br />ENTITY TAX RATE TOTAL TAXES INCREASE <br />City of Roseville 0.24516 24.02% 532,389 0.01519 <br />County of Ramsey 0.49210 48.21% 1,068,644 0.00289 <br />ISD # 621 0.22112 21.66% 480,184 0.00699 <br />Other 0.06240 6.11% 135,508 <br /> 1.02078 100.00% 2,216,725 <br /> <br />* Assumes construction would have occurred without the creation of a Tax Increment Financing <br />District. If construction is a result of Tax Increment Financing, the impact is $0. <br /> <br />** Assumes fiscal disparities is taken from inside the TIF District. <br />
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