HomeMy WebLinkAbout2018-08-09 Annual Disclosure of TIF Dist YE 12-31-17 16
AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA )ss
COUNTY OF HENNEPIN
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:
SC Edina
with the known office of issue being located
in the county of.
HENNEPIN
with additional circulation in the counties of:
HENNEPIN
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 08/09/2018 and the last
insertion being on 08/09/2018.
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.
By: Mot,
Designated Agent
Subscribed and sworn to or affirmed before
me on 08/09/2018 by Darlene MacPherson.
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Notary Public
Jessica L Crabb
a: Notary Public
Minnesota
fir,,....., . Commission boors January 31,2023
My
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$34.45 per column inch
Ad ID 843208
CITY OF EDINA
ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE YEAR ENDED DECEMBER 31,2017
70th&Cahill Grandview
50th and Economic Centennial Commercial Pentagon
TIF District Name: France If 66 West Development Lakes Area Grandview II Park Southdale 2
Current net tax capacity 0 25,525 42,642 813,186 13,303,761
Original net tax capacity 0 25,525 42,662 880,068 8,746,251
Captured net tax capacity 0 0 0 0 0 0 0 4,557,510
Principal and interest payments due during current year 0 0 0 0 0 0 0 0
Tax increment received 0 0 4,058 217,498 305 0 935 3,475,549
Tax increment expended 0 275,000 0 1,553,672 54,100 0 29,088 174,509
Month and year of first tax increment receipt Jul-20 Jul-19 Jun-93 Jun-89 Jun-85 Jul-20 Aug-18 Jul-13
Date of required decertification 12/31/2045 12/31/2044 4/2/2000 12/31/2014 12/31/2010 12/31/2045 12/31/2043 12/31/2021
Increased property tax imposed on other properties as a
result of fiscal disparities contribution. WA N/A 0.. 0" 0.1 N/A N/A N/A
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 decrease in tax increment financing district revenue or a tax increase for other properties in the municipality depending on whether the tax increment financing
district contributes its share of the growth.
Amounts displayed here indicate that the district did not contribute its growth in commercial-industrial property tax values and represent the resulting increase in taxes on other
properties in the City for taxes payable in 2017.
Additional information regarding each district may be obtained from:
Scott Neal,City Manager
4801 West 50th Street
Edina,MN 55424
(952)927-8861
sneal@ci.edina.mn.us
Published in the
Edina Sun Current
August 9,2018
843208