08-10-2018 Annual Disclosure for TIF Districts Year Ended 2017 CITY OF FRIDLEY;MINNESOTA
ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE YEAR ENDED DECEMBER 31,2017
Housing Replacement TIF District#11
TIF District Phase TIF District#6 [University/ TIF District#12
TIF District Name: I[Phase Il [Lake Pointel Osbornel [McGlynn Bakeries]
Current net tax capacity 41,154 822,272 78,172 85,408
Original net tax capacity 5,766 326,940 26,478 41,254
Captured net tax capacity 35,388 495,332 51,694 44,154
Principal and interest payments due during current year 0 531,869 0 0
Tax increment received 39,858 593,098 54,915 48,021
Tax increment expended 4,903 564,426 6,278 5,687
Month and year of first tax increment receipt Jul-98 Jul-87 Jul-93 Jul-94
Date of required decertification 12/31/2023 12/31/2025 12/31/2018 12/31/2019
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 0- 94,810- 9,836** 9,576**
TIF District#19
TIF District#13 TIF District#17 TIF District#18 [5110 Main Street
TIF District Name: !Satellite Lane Aotsl [Gateway East 1 [Gateway Westl Pro'/Ind Eauities]
Current net tax capacity 37,255 37,876 35,830 183,748
Original net tax capacity 1,403 3,365 4,693 45,628
Captured net tax capacity 35,852 34,511 31,137 138,120
Principal and interest payments due during current year 0 30,000 40,000 105,734
Tax increment received 43,558 34,310 29,067 119,285
Tax increment expended 5,350 1,190 849 119,787
Month and year of first tax increment receipt Jul-98 Jul-03 Jul-08 Jun-09
Date of required decertification 12/31/2023 12/31/2028 12/31/2033 12/31/2034
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 0- 0** 0** 26,553**
TIF District#23
TIF 20 RER Project/ TIF District#21 TIF District Redevelopment
HSS Subdistrict [Gateway #22[Northstar Project 2016[Locke
TIF District Name: 20A rBAEI North Eastl Transit Station] Point Park]
Current net tax capacity 874,434 139,741 1,354,054 1,120
Original net tax capacity 0 32,040 1,221,288 1,120
Captured net tax capacity 874,434 107,701 132,766 0
Principal and interest payments due during current year 695,805 170,000 0 0
Tax increment received 1,042,614 152,567 182,824 0
Tax increment expended 1,581,494 162,849 40,529 87,920
Month and year of first tax increment receipt Jul-15 Jul-17 Jul-17 Jul-20
Date of required decertification 12/31/2040 12/31/2042 12/31/2042 12/31/2045
Increased property tax imposed on other properties as a
result of fiscal disparities contribution* 166,534** 498** 29,818** 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 increment 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 2017,this increase in taxes on other properties amounted to the values listed
above.
Additional information regarding each district may be obtained from:
Dan Tienter,Finance Director/Treasurer
6431 University Avenue N.E. Fridley,MN 55432
(763)572-3520
Dan.Tienter@fridleymn.gov
Published in the
Columbia Hgt-Fridley Sun Focus
August 10,2018
842611
f
AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA ss
COUNTY OF ANOKA
Darlene MacPherson being duly sworn on an
oath, states or affirms that he/she is the
Publisher's Designated Agent of the newspa-
per(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 1 successive week(s); the first
insertion being on 08/10/2018 and the last
insertion being on 08/10/2018.
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.
wo 0a c f",
Designated Agent
Subscribed and sworn to or affirmed before
me on 08/10/2018 by Darlene MacPherson.
Notary Public
Jessica L Crabb
° Notary Public
1*11W
Minnesota
e.,. my Cay oa January 31,2023
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Ad ID 842611