08/07/2015 Annual TIF Disclosure City of Fridley,Minnesota
Annual Disclosure of Tax Increme�t Districts for the Year Ended December 3i,2014
Housing Replacement
TIF District Phase I TIF District#6 TIF District#9 TIF Qistrid#11
TIF District Name: [Phase I] [Lake Pointe) [O�an] [Universi8y/Qsborne]
Current net tax capacity 24,663 837,624 336,813 75,428
Original net tax capacity 4,636 326,940 42,902 26,478
Captured net tax capacity 20,027 510,684 293,411 48,95Q
Principal and interest payments due during current year 0 653,545 0 0
Tax increment received 30,126 651,534 300,397 51,903
Tax increment expended 181,808 618,992 1,030,981 6,114
Month and year of first tax increment receipt 1u1-98 Jul-87 1u1-90 Jul-93
Date ofrequired decertification 12/31J2023 12/31/2025 12/31(2015 12/31/2018
Increasetl property tax imposetl on other properties as a
result of fiscal disperities contribution* Q** 102,652`* 60,OZ4"' 10,050"'
TIF District#12 TIF Distri[t#13 TIF District itl6 TIF District ki7
TtF District Name: [MCGlynn Bakeries] (Satellite lane Aptsj (57thAve ReplacementJ (Gateway East]
Current net tax capacity 66,042 29,187 25,535 26,813
Original net tax capacity 41,254 1,438 7,301 3,468
Captured net tax capacity 24,788 27,749 18,237 23,345
Principal and interest payments due during current year 0 0 20,000 40,000
Taxincrementreceived 27,253 35,165 21,656 23,106
Tax increment expended 3,642 4,384 2,R3 3,297
Month and year of first tax intrement receipt 1u1-94 1u1-98 1u1-98 1u1-03
Date ofrequired decertification 12/31/2019 12/31/2023 12/31/2023 SZ/31/2028
increased property tax imposed on oYher properties as a
result of fiscai disparities contribution' 6,200" 0`• 5,75&'� 0"
7IF Distrid R19
TIF Distrid#18 [5110 Main Street TIF 20 RER Project/HSS TiF District#21
TIF District Name: [Gateway Westj Proj/Ind EquitiesJ Subdistrict 20A[BAE) [Gateway North Eastj
Current net tax capacity 12,241 158,464 276,119 3,55&
Original net tax capacity 3,390 45,628 0 3,fi74
Captured net tax capacity 8,851 ll2,836 276,119 0
Principal and interesf payments due during current year SS0,309 87,480 0 0
Tax increment received 9,189 98,124 350,173 8,776
Taxincrementexpended 4,643 98,527 609,107 77,914
Month and year of first tax increment receipt Jul-08 Jun-09 lul-15 Jul-17
Date ofrequired 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" 22,846" 55,744" 0••
TIF District tt22
[Northstar Trensit
Tif District Name: Station]
Current net tax tapacity 1,221,288
Original net tax capacity 1,221,288
Captured net taz capacity p
Principal and interest payments due during wrrent year 0
Tax increment received p
Tax increment expended 7,z7g
Month and year of first tax increment receipt Jul-18
�ate of required decertiEication 12/31/2042
Increased property tax imposed on other properties as a
result of fiscal disparities co�tri6ution` p••
' The fiscal disparities property tax law provides thai[he growth in commercial-industrial property tax values is shared throughout the area.In a taz inaement financing distriR,this value shanng can
ei[her resuft in a taz increase for other properties in the municipality or result in a decrease in tax increment financing dis[ri�t mvenue depending on how the tax increment financing district is
estahlished.
"«The districts no[ed by'•above do not share grow[h in mmmeaial-industrial property taz values.This resuhs in an increase in property taxes for other properties bcated in that munitipalRy.For
tazes paya6le in 2013,this inuease in taxes on other properties amounted to the values lisled above.
Additional information regarding each district may be obtained from:
Darin Nelson,Finance Director/Treasurer
6431 University Avenue N,E. Fridley,MN SSk32
(763�572-3520
Da ri n.N elson @ frid leym n.gov
(8/7115,3SF2,Annuai TIF Disclosure,422922)
AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA �ss
COUNTY OF ANOKA
Linda Lindahl 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 thc known office of issue being located
in the county of:
ANOKA
with a substantial portion of the circulation
in the counCies 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 1 successive week(s); the first
insertion being on 08/07/2015 and the last
insertion being on 08/07/2015.
MORTGAGE FORECLOSURE NOTICES
Pursuant to Minnesota Stat. §580.033
relating to the publication of mortgage
foreclosure notices: The newspaper compiies
with the conditions described in §580.033,
subd. l, clause (1) or(2). If the newspaper's
known ofTice of issue is located in a county
adjoining the county where Che mortgaged
premises or some part of the martgaged
premises described in the notice are located,
a substantial portion of the newspaper's
circulalion is in the latter county.
By:�Utir�(.l�c O� G'��.rS1,�F�-l/
Designated Agent
Subscribed and sworn to or af�'irmed before
me on 08/07/2015.
���� � �����
Notary Pubhc
-yv vvvvvwv
`� DARI.ENE MARIE MACPHERSON
Notary Fublic�Mirtt�esota
� My Conur�on Et�kes Jen 31.20/8
Rate Information:
(1)Lowest classified rate paid by commercial users
for comparable space:
$25.40 per column inch
Ad I D 429922