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<br /> <br /> <br /> <br /> <br />ATTORNEYS AT LA <br /> <br />THE INFORMATION CONTAINED IN THIS FACSIMILE MESSAGE AND IN THE ACCOMPANYING DOCUMENTS IS CONFIDENTIAL AND <br />PRIVILEGED AS A TIORNEY -CL.lENT CQMMUNICA TlON. IT IS INTENDED ONLY FOR THE USE OF THE RECIPIENT NAMED BELOW. IF <br />YOU ARE NOT THE INTENDED RECIPIENT, OR THE EMPLOYEE OR AGENT RESPONSIBLE TO DELIVER THIS MESSAGE TO THE <br />INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISCLOSURE, COPYING, OR DISTRIBUTION OF THE CONTENTS OF <br />THIS TRANSMISSION IS STRICTLY PROH1BITED. IF YOU HAVE RECEIVED THIS F/<Y..IN ERROR, PlEASE NOTIFY US IMMEDIATELY <br />BY TELEPHONE TO ARRANGE FOR RETURN OF THE ORIGINAL DOCUMENTS TO US. <br /> <br />FACSIMilE TRANSMITTAL SHEET <br /> <br />TO: <br />Dennis Welsch <br />Cathy Bennett <br />DATE: <br />October 21, 2004 <br />FROM: <br />Greg D. JOhnson, CPA <br />James R. Casserly, Esq. <br />RE: <br />CityofRoseville: T'Nin Lakes <br />NOTES/COMMENTS: <br /> <br />COMPANY: <br />City of ROSvll>\lille <br />City of Roseville <br /> <br />FAX NUMBER: <br />651-'792-7070 <br /> <br />651-792-7070 <br /> <br />TOTAL NO. OF PAGES INCLUDING COVER: <br /> <br />2 <br />SENDER'S REFERENCE NUMBER: <br />9987-15 <br /> <br />Dennis I Cathy, <br /> <br />In the 20th year of the proposed Twin Lakes TIF Districts, the estimated new tax capacity is <br />4,447,407. The amount oftaxes generated for City use is $1,059,951. This is calculating by <br />multiplying the estimated new tax capacity by Roseville's local tax rate (0.23833). <br /> <br />The attached schedule can be used to estimate the value for any year. For example, at the <br />end of the proposed Twin Lakes TIF Districts, the amount of generated for City use is <br />$1,169;987. This is calculating by multiplying the estimated new tax capacity at the end of <br />the district (4,909,105) by RosevUle's local tax rate (0.23833). <br /> <br />Please call if you have any further questions on this matter. <br /> <br />Jim I Greg <br /> <br />Please calf Greg Johnson at (952) 885-5999 if you have any trouble receiving this transmission. <br />