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July 28

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July 27, 2017
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PUBLIC NOTICE
CITY OF SAINT JOSEPH, MINNESOTA
ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE
YEAR ENDED DEC. 31, 2016
Minnesota Statutes, Section 469.175(5)

 

       TIF 1-4                              TIF 2-1                            TIF 2-2                      TIF 3-1                      TIF 2-3
St. Joseph                        Millstream Project          St. Joseph Meat       Central MN Credit    Bayou Blues
Development LLC                                                     Market                         Union

Current Net Tax Capacity                        $ 0                                 $ 40,808                       $ 10,934                        $ 5,006                           $ 0
Original Net Tax Capacity                       $ 0                                    $ 4,786                          $ 7,626                           $ 294                     $ 2,427
Captured Net Tax Capacity                     $ 0                                  $ 36,022                        $ 3,308                         $ 4,712                             $ 0
Principal and Interest Payments           $ 0                                             $ 0                        $ 9,032                                $ 0                             $ 0
Payable During 2016
Tax Increment Received in 2016           $ 0                                   $ 38,579                         $ 4,165                        $ 6,120                             $ 0
Tax increment Expended in 2016         $ 0                                   $ 35,067                         $ 4,091                        $ 6,498                     $ 1,406
Month/Year First Tax Incr. Receipt    May 2004                      July 2009                    July 2013                    July 2007                 July 2017
Date of Required Decertification          12/31/12                          12/31/34                       12/31/21                     12/31/15                  12/31/42

Additional information regarding each district may be obtained from:
Lori Bartlett, finance director
City of St. Joseph
75 Callway St. E.
St. Joseph, Minn. 56374
320-363-7201

Publish: July 28, 2017

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