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K. Estimated Captured Assessed Value Pursuant to Minnesota Statutes, Section 273.74, Subdivision 1 and Minnesota Statutes, Section 273.76, Subdivision 2, the estimated Captured Assessed Value CAV) of the tax increment financing redevelopment district will annually approximate $674,280. It is expected that the estimated $674,280 will be captured as a result of the improvements to be constructed by The Housing Alliance, Inc. This amount will be captured for up to twenty-five years or until the project debt is retired. The City requests 100 percent of the available increase in assessed value for repayment of debt and current expenditures. L. Duration of the District Pursuant to Minnesota Statutes, Section 273.75, Subdivision 1, the duration of the tax increment district within the Development District must be indicated within the finance plan. The duration of the tax increment district will be 25 years from the date of receipt of the first tax increment. Thus, it is estimated that the tax increment district, including any modifications to the finance plan for subsequent phases or other changes, would terminate twenty-five years from the collection of the first tax increment. M. Estimated Impact on Other Taxing Jurisdictions The impact of the loss of tax dollars represented as tax increments is estimated below for each taxing jursidiction. This est,' nate is based on the existing redevelopment proposals and does not include the possible tax Increments derived from any other future development, mill changes, or inflation factors. Total Assemed Value Tax Increment finance District 1/2/83 Total $ 279720 Latest Assessed Value of Each Government Tom: % of District to Total Ramsey County $3, 248, 742, 942 .0008 School District #62? $ 424, 787, 016 .007 City of Roseville $ 340,103, 982 .008 Considering all the districts, it can be seen from the above that the school, city and county districts will have over 99% of each respective district available for normal growth of tax base or valuation. Applying the percentage of the total mill rate in 1984 levied by each taxing jurisdiction to the projected mill rate and the estimated tax increment received reveals the annual loss of tax dollars by each taxing jurisdiction as listed in the table below assuming development wou'd occur without public assistance. 9