2015 Tax Increment Annual Disclosure AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA )ss
COUNTY OF ANOKA
Charlene Vold being duly sworn on an oath,
states or affirms that he/she is the Publisher's
Designated Agent of the newspaper(s)known
as:
SF Columbia Heights/Fridley
with the known office of issue being located
in the county of:
ANOKA
with additional circulation in the counties of:
ANOKA
and has full knowledge of the facts stated
below:
(A)The newspaper has complied with all of
the requirements constituting qualifica-
tion as a qualified newspaper as provided
by Minn. Stat.§331A.02.
(B)This Public Notice was printed and pub-
lished in said newspaper(s) once each
week, for I successive week(s); the first
insertion being on 08/05/2016 and the last
insertion being on 08/05/2016.
MORTGAGE FORECLOSURE NOTICES
Pursuant to Minnesota Stat. §580.033
relating to the publication of mortgage
foreclosure notices: The newspaper complies
with the conditions described in §580.033,
subd. 1, clause (1) or(2). If the newspaper's
known office of issue is located in a county
adjoining the county where the mortgaged
premises or some part of the mortgaged
premises described in the notice are located,
a substantial portion of the newspaper's
circulation is in the latter county.
By: SAXJL-(,lA-J TO La
Designated Agent
Subscribed and sworn to or affirmed before
me on 08/05/2016 by Charlene Vold.
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Notary Public
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oi DARLENE MARIE MACPHERSON<
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y Commission Expires Jan 31,2019
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Ad ID 579444
CITY OF FRIDLEY,MINNESOTA
ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE YEAR ENDED DECEMBER 31,2015
Housing Replacement
TIF District Phase I TIF District#6 TIE District#9 TIF District#11
TIF District Name: [Phase I1 [Lake Pointe] [Onanl [University/Osborne)
Current net tax capacity 36,473 831,964 339,015 73,652
Original net tax capacity 5,490 326,940 42,902 26,478
Captured net tax capacity 30,983 505,024 296,113 47,174
Principal and interest payments due during current year 0 631,570 0 0
Tax increment received 121,676 622,184 291,055 49,783
Tax increment expended 24,611 592,767 30,722 6,823
Month and year of first tax increment receipt Jul-98 Jul-87 Jul-90 Jul-93
Date of required decertification 12/31/2023 12/31/2025 12/31/2015 12/31/2018
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 0** 90,593*" 50,968** 8.146*"
TIF District#13 TIF District#16
TIF District#12 [Satellite [57thAve TIF District#17
TIF District Name: [McGlynn Bakeries] Lane Aptsl Replacement] [Gateway East 1
Current net tax capacity 66,430 35,195 25,746 31,184
Original net tax capacity 41,254 1,438 7,301 3,365
Captured net tax capacity 25,176 33,757 18,445 27,819
Principal and interest payments due during current year 0 0 0 40,000
Tax increment received 27,496 40,688 21,723 27,697
Tax increment expended 4,607 6,038 11,977 4,910
Month and year of first tax increment receipt Jul-94 Jul-98 Jul-98 Jul-03
Date of required decertification 12/31/2019 12/31/2023 12/31/2023 12/31/2028
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 5,445** 0** 5,597** 0**
TIF District#19 TIF 20 RER
[5110 Main Project/HSS
TIF District#18 Street Proj/ Subdistrict TIF District#21
TIF District Name: [Gateway Westl Ind Equities] 20A[BAH [Gateway North East]
Current net tax capacity 19,134 162,834 276,316 3,478
Original net tax capacity 4,112 45,628 0 3,674
Captured net tax capacity 15,022 117,206 276,316 0
Principal and interest payments due during current year 440,109 90,834 0 0
Tax increment received 43,100 101,095 335,086 1,523
Tax increment expended 2,529 102,002 1,118,582 0
Month and year of first tax increment receipt Jul-08 Jun-09 Jul-15 Jul-17
Date of required decertification 12/31/2033 12/31/2034 12/31/2040 12/31/2042
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 0** 21,143** 49,725** 0**
TIF District#22
[Northstar Transit
TIF District Name: Station]
Current net tax capacity 1,161,342
Original net tax capacity 1,221,288
Captured net tax capacity 0
Principal and interest payments due during current year 0
Tax increment received -108
Tax increment expended 6.575
Month and year of first tax increment receipt Jul-17
Date of required decertification 12/31/2042
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 0-*
*The fiscal disparities property tax law provides that the growth in commercial-industrial property tax values is shared throughout the area. In a tax
increment financing district,this value sharing can either result in a tax increase for other properties in the municipality or result in a decrease in tax in-
crement financing district revenue depending on how the tax increment financing district is established.
** The districts noted by**above do not share growth in commercial-industrial property tax values. This results in an increase in property taxes for
other properties located in that municipality. For taxes payable in 2015,this increase in taxes on other properties amounted to the values listed above.
Additional information regarding each district may be obtained from:
Shelly Peterson,Finance Director/Treasurer
6431 University Avenue N.E.
Fridley,MN 55432
(763)572-3520
Shelly.Peterson@fridleymn.gov
Published in the
Columbia Hgt-Fridley Sun Focus
August 5,2016
579444