Imp. Proj. #5230
4401 Xylon Avenue North City Hall: 612 - 531 -5100 City Hall Fax: 612 -531 -5136
New Hope, Minnesota 55426 -4898 Police: 612 - 531 -5170 Police Fax. 612 - 531 -5174
Public Works: 612- 533 -4823 Public Works Fax: 612- 533 -7650
TDD: 612 -531 -5109 Fire Dept, Fax: 612 - 531 -5175
May 5, 1997
Mr. Dan McGraw
Gill Brothers Funeral Chapels, Inc.
5801 Lyndale Avenue South
Minneapolis, MN 55419
Subject: TIF Reimbursement and Letter of Credit
Dear Dan:
This letter is in follow up to our conversation last week when you called to ask what you need to do to
start the Tax Increment Financing reimbursement process with the City for your development. Per Article
6 of the attached Redevelopment Agreement (page 11), upon completion of the project you are to
deliver a certificate to the EDA (City) certifying that the costs for the items described in Schedule D (also
attached) have been paid by the developer and the aggregate amount of such costs. This "Certificate of
Completion" is further described under Section 4.3 of the agreement on page 8. It states that the
developer will provide the EDA with a certificate of substantial completion from the developer's architect
and the certificate from the developer. Therefore, I would recommend that you submit the following to
the City:
1. Certificate of substantial completion from the developer's architect, and
2. Certificate from Gill Brothers certifying that the costs for the items described in Schedule D have
been paid by you and the aggregate amount of such costs.
If you have questions about the format of these certificates, please contact Steve Sondrali at 425 -5671.
Once you have submitted these items to the City, the City will furnish you with a Certificate of
Completion (Exhibit A), which will then allow the payment process to begin. Per Article 6, on each
August and February 1S following the issuance of the Certificate of Completion by the EDA, the EDA will
pay to the developer all tax increment received by the EDA during the preceding six (6) month period.
These payments will continue until the $150,000 has been paid if the tax increment generated from the
property is sufficient to pay the reimbursement amount. I am not aware if any increment will be
generated or payable to you on August 1 for the preceding six months. For specifics on this, please
contact Larry Watts, Director of Finance, at 531 -5131.
Also, please note that on or before March 31 of each year that you are to report to the EDA the number
of new jobs in the City provided by the project and the wages for such jobs in the preceding calendar
year. Because you opened around the first of April, I suppose that technically this information would not
be due until March 31, 1998. However, I think it would be helpful if you could send that information along
with your certificates so we could put that information in the file.
Family Styled City For Family Living
Mr. Dan McGraw
Page 2
May 5, 1997
Lastly, I note that your Letter of Credit is due to expire and that you have received a letter from the City
Attorney requesting a renewal or instructing you to contact the City Engineer for a reduction or release of
the Letter of Credit. Per the attached "Plat Bond Review" form from Doug Sandstad, Building Official,
Doug is recommending that the bond be reduced from the current $94,500.00 to $750.00. Doug is
recommending that this amount be held until all plantings are completed. If you feel you can get the
plantings completed in May, then the City could take action to release the total amount of the letter
instead of just reducing it. Please contact Doug (531-5122) regarding completing the plantings and notify
Doug or me when everything is complete. The Council can then take action to release your total security
in June.
I hope this answers your questions. Please call me at 531-5119 if I can be of further assistance.
Sincerely,
Kirk McDonald
Management Assistant/
Community Development Coordinator
Enclosures: Redevelopment Agreement
Plat Bond Review
4/29 City Attorney Correspondence
cc: Dan Donahue, City Manager
Larry Wafts, Director of Finance
Steve Sondrall, City Attorney
Mark Hanson, City Engineer
Doug Sandstad, Building Official
Valerie Leone, City Clerk (improvement Project No. 523)
Planning Case File No. 95-18
REDEVELOPMENT AGREEMENT
REDEVELOPMENT PROJECT NO. 85 -2
(42ND AVENUE /CITY CENTER AREA)
ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR
THE CITY OF NEW HOPE, MINNESOTA
AND
GILL BROTHERS FUNERAL CHAPELS, INC.
October 9, 1995
TABLE OF CONTENTS
Section 1.1 Definitions ............. ...............................
Section2.1 ByEDA ................. ...............................
Section 2.2 By Redeveloper ......... ...............................
Section 3.l Use ...................................................
Section 3.2 Dec I arat i on of Restrictions ............................
Section 4.1 Const ruct i on P I ans ..... ...............................
Section 4.2 Construction of Minimum Improvements ..................
Sect ion 4.3 Certificate of Completion ..............................
Section 5.1 Defense of Claims ...... ...............................
Section 5.2 Insurance .............. ...............................
Section 6.1 Reimbursement of Redeveloper ...........................
Section 6.2 Wage and Job Goals ...... ...............................
Section 7.1 Transfer of Property and Assignment ....................
Section 7.2 Termination of Limitations on Transfer ................
Section 8.1 Events of Default ...... ...............................
Section 8.2 Remedies on Default .... ...............................
Section 8.3 No Remedy Exclusive
Section8.4 Waivers ................ ...............................
Section 9.1 Conflict of Interests; EDA Representatives
Not Individually Liable ............ ...............................
Section 9.2 Equal Employment Opportunity ..........................
Section 9.3 Rest r i ct i ons on Use .... ...............................
-i-
Section 9.4 Titles of Articles and Sections .......................
Section 9.5 Notices and Demands .... ...............................
Section9.6 Term of Agreement ...... ...............................
Section 9.7 Counterparts ........... ...............................
Schedule A Redevelopment Property
Schedule B Project Description
Schedule C Time Table
Schedule D Portion of Project the Costs of Which are Eligible for
Reimbursement pursuant to Section 6.1
Exhibit A Certificate of Completion
Exhibit B Covenants and Restrictions
-ii -
REDEVELOPMENT CONTRACT
This Agreement is made as of , 1995, by and
between the ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF
NEW HOPE, MINNESOTA, a public body corporate and politic (the
"EDA "), and GILL BROTHERS FUNERAL CHAPELS, INC., a Minnesota
corporation ( "Redeveloper ").
WITNESSETH:
WHEREAS, the EDA was created pursuant to state law now
codified as Minnesota Statutes, Sections 469.090 through 469.1081
(the "Act ") and was authorized to transact business and exercise
its powers by an ordinance and resolution of the City Council of
the City of New Hope (the "City ") adopted on March 27, 1989; and
WHEREAS, in furtherance of the objectives of the Act, the EDA
has assumed control of a program established and undertaken by the
Housing and Redevelopment Authority in and for the City of New Hope
for the clearance and redevelopment of blighted, vacant and unused
areas of the City and in this connection is engaged in carrying out
a redevelopment project as defined in Minnesota Statutes, Section
469.002, Subdivision 14, known as Redevelopment Project No. 85 -2
(the "Redevelopment Project ") in the area in the City encompassing
the property abutting on the north side of 42nd Avenue North from
Nevada Avenue North west to the railroad tracks as shown on
Schedule Al attached hereto (the "Project Area "); and
WHEREAS, as of the date of this Agreement there has been
prepared and approved by the EDA and the City Council pursuant to
the Act a redevelopment plan for the Redevelopment Project, dated
December 23, 1985, as amended by an amendment thereto dated June
22, 1987 (as so amended, the "Redevelopment Plan "); and
WHEREAS, on December 23, 1985 the City Council adopted a
resolution establishing the Project Area as a tax increment
financing district; and
WHEREAS, the
to:
1. Provide
2. Provide
along 4
provide
major objectives of the Redevelopment Plan are
compatible and complementary land uses.
more homogeneous land uses and street treatment
.2nd Avenue in order to unify development and
a positive image of the City.
3. Promote and secure development and redevelopment in a
manner that allows the most logical and efficient
arrangement and intensity of land uses.
4. Promote and secure the .retention of existing jobs and
gain new employment opportunities in the area.
5. Promote and secure development and redevelopment in a
manner that will have minimum adverse impact on the
environment.
6. To undertake certain land acquisition, parcel assembly
and parcel disposition necessary to eliminate certain
substandard and non - conforming uses and buildings, and to
assemble logical, conforming and more efficient building
sites.
7. To promote and secure increased landscaping on private
property and public rights of way to improve the
asthetics, provide identity for the commercial areas and
improve transitions between commercial and residential
areas.
and
WHEREAS, in order to achieve the objectives of the
Redevelopment Plan, the EDA intends to provide aid and assistance
to the Redeveloper through tax increment financing, as described in
Minnesota Statutes, Sections 469.174 through 469.179 to finance t he
cost of the acquisition by the Redeveloper of property located in
the Project Area described and shown on Schedules A and A -1
attached, on which the Redeveloper w i l l construct a funeral chapel ;
and
WHEREAS, the EDA and the City believe that redevelopment of a
portion of the Project Area pursuant to this Agreement is in the
best interests of the City and benefits the health, safety, morals
and welfare of its residents, and complies with the applicable
state and local laws and requirements under which the Redevelopment
Project has been undertaken and is being assisted.
NOW, THEREFORE, in consideration of the foregoing premises and
the mutual obligations set forth in this Agreement, the parties
hereto hereby agree as follows:
ARTICLE 1
Definitions
Section 1.1. Definitions. In this Agreement, unless a
different meaning clearly appears from the context:
"Act" means Minnesota Statutes, Sections 469.090 through 469.1081
and 469.001 through 469.047.
"Agreement" means this Agreement, as the same may be from time to
time modified, amended or supplemented.
"Certificate of Completion" means a certification in the form
attached as Exhibit A, to be provided to Redeveloper pursuant to
this Agreement.
"City" means the City of New Hope, Minnesota, a Minnesota municipal
corporation.
"Construction Plans" means the plans, specifications, drawings and
related documents for the construction work to be performed by the
Redeveloper on the Redevelopment Property as a part of the Project,
which (a) shall be at least as detailed as the plans,
specifications, drawings and related documents which are submitted
to the building official of the City and (b) shall include at least
the following: (1) site plan; (2) foundation plan; (3) basement
plans; (4) floor plan for each floor; (5) elevations on all sides;
(6) landscape plan; (7) grading plan; and (8) utility plan.
"Event of Default" means as set forth in Section 9.01 hereof.
"EDA" means the Economic Development Authority of New Hope,
Minnesota, a public body corporate and politic under the laws of
the State of Minnesota.
"Improvements" means the buildings or other improvements located on
the Redevelopment Property.
"Mortgage" means any mortgage made by Redeveloper which covers, in
whole or in part, the Redevelopment Property.
"Mortgagee" means the owner or holder of a Mortgage.
"Net Proceeds" means any proceeds paid by an insurer to Redeveloper
and the EDA under a policy or policies of insurance required under
Article 5 and remaining after deducting all expenses (including
fees and disbursements of counsel) incurred in the collection of
the proceeds.
3
"Project" means the acquisition and clearing of the Redevelopment
Property and the construction thereon of a two story colonial style
funeral chapel with approximately 6,500 square feet on the first
floor with an exterior drop -off canopy and circular drive, and the
construction of site improvements and other improvements of a
public nature, all as further described in Schedule B attached to
this Agreement.
"Project Area" means the area designated for redevelopment by the
EDA pursuant to the Redevelopment Plan and the Act.
"Plans" means Redeveloper's plans dated
the Project as submitted to the EDA, with any subsequent
approved by the EDA.
, 1995 for
amendments
"Redeveloper" means Gill Brothers Funeral Chapels, Inc., a
Minnesota corporation.
"Redevelopment Plan" means the Redevelopment Plan approved by the
City on December 23, 1985, as amended by an amendment thereto dated
June 22, 1987.
"Redevelopment Property" means the portion of the Project Area
described on Schedule A and A -1 attached hereto.
"Restrictions" means the easements, covenants, conditions and
restrictions set forth in Exhibit B.
"Section" means a Section of this Agreement, unless used in
reference to Minnesota Statutes.
"State" means the State of Minnesota.
"Tax Increment" means tax increment derived by the EDA from the
Redevelopment Property following the issuance of the C e r t i f i c a t e of
Completion by the EDA pursuant to Section 4.3 hereof. Tax
Increment shall not include any tax increment derived by the EDA or
City from any other property in the Tax Increment District or
elsewhere in the City.
"Tax Increment Act" means Minnesota Statutes, Sections 469.174
through 469.179.
"Tax Increment District" means Tax Increment Financing District 85-
2 created by the EDA pursuant to the Tax Increment Financing Plan.
"Tax Increment Financing Plan" means Tax Increment Financing Plan
85 -2 approved by the Housing and Redevelopment Authority and the
4
City Council and dated December 23, 1985, the control over which
the EDA has assumed by resolution dated April 10, 1989.
Time Table" means the schedule of performance dates for certain
actions by Redeveloper under this Agreement, attached hereto as
Schedule C and made a part hereof.
"Unavoidable Delay" means a failure or delay in a party's
performance of its obligations under this Agreement, or during any
cure period specified in this Agreement which does not entail the
mere payment of money, not within the party's reasonable control,
including but not limited to acts of God, governmental agencies,
the other party, strikes, labor disputes (except disputes which
could be resolved by using union labor), fire or other casualty, or
lack of materials; provided that within 10 days after a party
impaired by the delay has knowledge of the delay it shall give the
other party notice of the delay and the estimated length of the
delay, and shall give the other party notice of the actual length
of the delay within 10 days after the cause of the delay has ceased
to exist. The parties shall pursue with reasonable diligence the
avoidance and removal of any such delay. Unavoidable Delay shall
not extend performance of any obligation unless the notices
required in this definition are given as herein required.
ARTICLE 2
Representations and Warranties
Section 2.1. By EDA EDA makes the following representations
to Redeveloper:
(a) EDA is an economic development authority duly organized
and existing under the laws of Minnesota. Under the provisions of
the Act, EDA has the power to enter into this Agreement and carry
out its obligations hereunder.
(b) The Redevelopment Project is a "redevelopment project"
within the meaning of the Act and was created, adopted and approved
in accordance with the terms of the Act.
(c) The Tax Increment District is a "tax increment district"
within the meaning of the Tax Increment Act and was created,
adopted and approved in : accordance with the terms of the Tax
Increment Act.
(d) The costs related to the portion of the Project described
in Schedule D hereto constitute public redevelopment costs as
5
defined in Minnesota Statutes, Section 469.033, which are permitted
to be paid from Tax Increment, pursuant to Minnesota Statutes,
Section 469.176. The EDA proposes to financially assist Redeveloper
by reimbursing all or a portion of such costs paid by the
Redeveloper from Tax Increment.
Section 2.2. By Redeveloper Redeveloper represents and
warrants that:
(a) Redeveloper is a Minnesota for profit corporation
organized and incorporated under the laws of Minnesota, under no
legal disability and has power to enter into this Agreement.
(b) Redeveloper will, subject to Unavoidable Delays, complete
the Project in accordance with the terms of this Agreement, the
Redevelopment Plan, the Act, and all local, state and federal laws
and regulations.
(c) Redeveloper has received no notice or communication from
any local, state or federal official that the activities of
Redeveloper, the City or EDA with respect to the Redevelopment
Property may be or will be in violation of any environmental law or
regulation. Redeveloper is aware of no facts the existence of which
would cause it to be in violation of any local, state or federal
environmental law, regulation or review procedure with respect to
the Redevelopment Property.
(d) Neither the execution or delivery of this Agreement, the
consummation of the transactions contemplated hereby, nor the
fulfillment of or compliance with the terms and conditions of this
Agreement is prevented by, limited by, conflicts with, or results
in a breach of, any restriction, agreement or instrument to which
Redeveloper is now a party or by which it is bound.
(e) The Redeveloper (i) is not in default in the payment of
the principal of or interest on any indebtedness for borrowed
money; or (ii) is not in default under any instrument or agreement
under and subject to which any indebtedness for borrowed money has
been issued.
(f) The Redeveloper would not undertake the Project but for
the tax increment financing assistance being provided by the EDA
hereunder.
(g) No member of the governing body of the C i t y or EDA or any
other officer of the City and EDA has any direct or indirect
financial interest in the Redeveloper, the Redevelopment Property
or the Project.
ARTICLE 3
Use of Redevelopment Property: Restrictions
Section 3.1 Use Redeveloper's use of the Redevelopment
Property shall be subject to and in compliance with all of the
conditions, covenants, restrictions and limitations imposed by the
Redevelopment Plan, this Agreement, the Restrictions and all
applicable laws, ordinances and regulations.
Section 3.2 Declaration of Restrictions Redeveloper shall
prepare, execute, and record on the title to the Redevelopment
Property a Declaration of Covenants and Restrictions, in form
approved by the EDA, which includes the Restrictions set forth on
Exhibit B, and shall cause each existing Mortgagee to execute an
appropriate instrument in form satisfactory to the EDA consenting
to and agreeing to be bound by the Restrictions in the event it
becomes a record owner of all or a part of the Redevelopment
Property.
ARTICLE 4
Completion of Proiect
Section 4.1 Construction Plans Redeveloper shall submit
Construction Plans to the EDA according to the Time Table. The
Construction Plans shall provide for construction of the portion of
the Project consisting of construction in conformity with the
Redevelopment Plan, the Plans, this Agreement, and all applicable
state and local laws and regulations. The EDA shall approve the
Construction Plans in writing if no Event of Default has occurred
and, in the reasonable discretion of the EDA, the Construction
Plans: (a) substantially conform to the Plans and subsequent
amendments approved by the EDA; (b) conform to the terms and
conditions of this Agreement; (c) conform to the terms and
conditions of the Redevelopment Plan; (d) conform to all applicable
federal, state and local laws, ordinances, rules and regulations;
(e) are adequate to provide for construction of the portion of the
Project consisting of construction; and (f) provide for minimum
disturbance to neighboring properties during construction.
No approval by the EDA shall relieve Redeveloper of the
obligation to comply with the terms of this Agreement, the terms of
the Redevelopment Plan, applicable federal, state and local laws,
ordinances, rules and regulations, or to construct the Minimum
Improvements. No approval by the EDA shall constitute a waiver c=
an Event of Default. Any disapproval of the Construction Plars
shall set forth the reasons therefor, and shall be made within 30
N
days after the date of their receipt by the EDA. If EDA rejects the
Construction Plans, in whole or in part, Redeveloper shall submit
new or corrected Construction Plans within 30 days after written
notification to Redeveloper of the rejection. The provisions of
this Section relating to approval, rejection and resubmission of
corrected Construction Plans shall continue to apply until the
Construction Plans have been approved by EDA.
Section 4.2 Undertaking of Proiect
(a) Subject to Unavoidable Delays, Redeveloper will complete
the Project all in accordance with the Plans, the Construction
Plans and the Time Table.
(b) All work with respect to the portion of the Project
consisting of construction shall be in substantial conformity with
the Construction Plans approved by the EDA. Redeveloper shall
promptly begin the Project and diligently prosecute the Project to
completion. Redeveloper shall make reports, in such detail and at
such times as may reasonably be requested by the EDA, as to the
actual progress of Redeveloper with respect to the Project.
(c) Redeveloper shall not interfere with, or construct any
improvements over, any public street or utility easement without
the prior written approval of the City. All connections to public
utility lines and facilities shall be subject to approval of the
City and any private utility company involved. Except for public
improvements which are assessable by the City or other governmental
body against other benefitted properties, all street and utility
installations, relocations, alterations and restorations shall be
at Redeveloper's expense and without expense to the. City or the
EDA. Redeveloper at its own expense shall replace any public
facilities or utilities damaged during the Project.
Section 4.3 Certificate of Completion
(a) Promptly after completion of the Project in accordance
with this Agreement, Redeveloper will provide the EDA with a
certificate of substantial completion from Redeveloper's architect
and the certificate of Redeveloper required by Section 6.1 hereof,
and the EDA will furnish Redeveloper with an appropriate
Certificate of Completion as conclusive evidence of satisfaction
and termination of the agreements and covenants of this Agreement
with respect to the obligations of Redeveloper to complete the
Project. The furnishing by the EDA of the Certificate of Completion
sha 1 1 not constitute evidence of compliance with or satisfaction of
any obligation of Redeveloper to any Mortgagee.
(b) If the EDA shall refuse or fail to provide the Certificate
of Completion, the EDA shall, within 15 days after the Redeveloper
provides the architect's certificate referenced in Section 4.3(a),
provide Redeveloper with a written statement specifying in what
respects Redeveloper has failed to complete the Project in
accordance with this Agreement, or is otherwise in default, and
what measures or acts w i l l be necessary, in the opinion of the EDA,
for Redeveloper to obtain the Certificate of Completion.
ARTICLE 5
Defense of Claims Insurance• Condemnation
Section 5.1 Defense of Claims Redeveloper shall indemnify and
hold harmless the EDA and the City and their respective officers,
employees and agents for any loss, damages and expenses (including
attorneys' fees) in connection with any claims or proceedings
arising from damages or injuries received or sustained by any
person or property by reason of any actions or omissions of
Redeveloper or its contractors, agents, officers or employees or
arising out of or relating to this Agreement or the transactions
contemplated by this Agreement, other than claims or proceedings
arising from any negligent or unlawful acts or omissions of the
EDA, the City or their contractors, agents, officers or employees.
Promptly after receipt by the EDA or City of notice of the
commencement of any action in respect of which indemnity may be
sought against the Redeveloper under this Section 5.1, such person
will notify the Redeveloper in writing of the commencement thereof,
and, subject to the provisions hereinafter stated, the Redeveloper
shall assume the defense of such action (including the employment
of counsel, who shall be counsel satisfactory to the EDA or City,
as the case may be, and the payment of expenses) insofar as such
action shall relate to any alleged liability in respect of which
indemnity may be sought against the Redeveloper. The EDA or the
City shall have the right to employ separate counsel in any such
action and to participate in the defense thereof, but the fees and
expenses of such counsel shall not be at the expense of the
Redeveloper unless the employment of such counsel has been
specifically authorized by the Redeveloper. The Redeveloper shall
not be liable to indemnify any person for any settlement of any
such action effected without its consent. The omission to notify
the Redeveloper as herein provided will not relieve it from any
liability which it may have to any indemnified party pursuant
hereto, otherwise than under this section.
9
Section 5.2 Insurance
(a) The Redeveloper shall keep and maintain the Redevelopment
Property and Improvements at all times insured against such risks
and in such amounts, with such deductible provisions, as are
customary in connection with facilities of the type and size
comparable to the Improvements, and the Redeveloper shall carry and
maintain, or cause to be carried and maintained, and pay or cause
to be paid timely the premiums for direct damage insurance covering
all risks of loss, including, but not limited to, the following:
( 1 ) fire
(2) extended coverage perils
(3) vandalism and malicious mischief
(4) boiler explosion (but only if steam boilers are present)
(5) water damage
(6) debris removal
(7) collapse
on a replacement cost basis in an amount equivalent to the full
insurable value thereof. ( "Full insurable value" shall include the
actual replacement cost of the Improvements (exclusive of
foundations and footings) without deduction for architectural,
engineering, legal or administrative fees or for depreciation.)
Insurance in effect with respect to any portion of the Improvements
to be renovated or remodeled as a part of the Project prior to the
issuance by the EDA of a Completion Certificate under Section 4.3
hereof with respect thereto shall be maintained on an "all- risk"
builder's risk basis during the course of construction. The
policies required by this Section 5.2 shall be subject to a no
coinsurance clause or contain an agreed amount clause, and may
contain a deductibility provision not exceeding $25,000.
(b) Policies of insurance required by this Section 4.3 shall
assure and be payable to the Redeveloper, and shall provide for
release of insurance proceeds to the Redeveloper for restoration of
loss. The EDA shall be furnished certificates showing the existence
of such insurance. In case of loss, the Redeveloper is hereby
authorized to adjust the loss and execute proof thereof in the name
of all parties in interest. The Redeveloper shall annually file
with the EDA a schedule describing all such policies in force,
including the types of insurance, names of insurers, policy
numbers, effective dates, terms of duration or any other
information the EDA deems pertinent. Such l i s t shall be accompanied
by a certificate executed by the Redeveloper stating that, to the
best of the knowledge of the Redeveloper, insurance on the
Improvements then in force complies with this Section 4.3.
M
ARTICLE 6
Reimbursement of Redeveloper: Job and Wage Goals
Section 6.1 Reimbursement of Redeveloper Upon completion of
the Project the Redeveloper will deliver a certificate to the EDA
certifying that the costs for the items described in Schedule D
hereto have been paid by the Redeveloper and the aggregate amount
of such costs. The EDA agrees to reimburse the Redeveloper for
such cost up to an amount equal to the lessor of (i) $150,000 or
(ii) the aggregate amount of such costs as set forth in the
certificate of the Redeveloper delivered pursuant to Section 6.1
(the "Reimbursement Amount "). The payment b'v the FDA of th'o
recelvea; oy the tUA on or prior to December 31, 2006. On each
August 1 and February 1 following the issuance of the Certificate
of Completion under Section 4.3 hereof the EDA shall pay to the
Redeveloper all Tax Increment received by the EDA during the
preceding six (6) month period. Such payments shall continue until
The EDA makes no representation or warranty that the Tax Increment
derived from the Redevelopment Property will be sufficient to fully
pay the Reimbursement Amount. No funds other than Tax Increment
derived from the Redevelopment Property shall be used by the EDA to
pay the reimbursement amount.
Section 6.2 Wage and Job Goals The Redeveloper agrees that
for purposes of meeting the requirements of Minnesota Statutes
Section 116J.991, that the Project will provide a net increase of
3 jobs in Minnesota provided by the Redeveloper within two (2)
years after the first reimbursement payment is provided to the
Redeveloper under Section 6.2 hereof, which jobs will have wage
1 eve i s of not 1 ess t han t he t hen i ndust ry° st andards for t he t ype of
job created. On or before March 31 of each year the Redeveloper
will report to the EDA the number of new jobs in the City provided
by the Project and the wages for such jobs in the preceding
calendar year and such other information as is required by the EDA
to complete the report to the Minnesota Department of Trade and
Economic Development required by Minnesota Statutes Section
116J.991. If the Redeveloper fails to meet the goals set forth in
this Section 6.2 it shall repay to the EDA all amounts paid to the
Redeveloper by the EDA under Section 6.1 hereof. If Minnesota
Statutes Section 116J.991 i s amended or repealed, this Section 6.2
shall be amended to conform to it or deleted.
11
ARTICLE 7
Prohibitions Against Assignment and Transfer
Section 7.1 Transfer of Property and Assignment Redeveloper
has not made and will not make, or suffer to be made, any total or
partial sale, assignment, conveyance, lease (other than leases of
space in the professional office building constructed as apart of
the Project), or other transfer, with respect to this Agreement or
the Redevelopment Property or any part thereof or any interest
therein, or any contract or agreement to do any of the same,
without the prior written approval of the EDA. The EDA shall be
entitled to require as conditions to any such approval that: (i)
the proposed transferee have the qualifications and financial
responsibility, as reasonably determined by the EDA, necessary and
adequate to fulfill the obligations undertaken in this Agreement by
Redeveloper; (ii) the proposed transferee, by recordable instrument
satisfactory to the EDA shall, for itself and its successors and
assigns, assume all of the obligations of Redeveloper under this
Agreement. No transfer of, or change with respect to, ownership in
the Redevelopment Property or any part thereof, or any interest
therein, however consummated or occurring and whether voluntary or
involuntary, shall operate, legally or practically, to deprive or
limit the EDA of or with respect to any rights or remedies or
controls provided in or resulting from this Agreement with respect
to the Redevelopment Property and the completion of the Project
that the EDA would have had, had there been no such transfer or
change. There shall be submitted to the EDA for review all legal
documents relating to the transfer.
In the absence of specific written agreement by the EDA to the
contrary, no such transfer or approval by the EDA thereof shall be
deemed to relieve Redeveloper, or any other party bound in any way
by this Agreement or otherwise with respect to the completion of
the Project, from any of its obligations with respect thereto.
7.2 Termination of Limitations on Transfer The provisions of
Section 7.1 shall terminate at such time as the Certificate of
Completion has been issued by the EDA under Section 4.3 of this
Agreement with respect to the Project.
ARTICLE 8
Events of Default
Section 8.1 Events of Default The following shall be "Events
of Default" under this Agreement and the term "Event of Default"
shall mean, whenever it is used in this Agreement (unless the
context otherwise provides), any one or more of the following
12
events which occurs and continues for more than 30 days after
notice by the EDA to Redeveloper of such default (and the term
"default" shall mean any event which would with the passage of time
or giving of notice, or both, be an "Event of Default" hereunder):
(a) Failure of Redeveloper to complete the Project as required
hereunder.
(b) Failure of Redeveloper to furnish the Construction Plans
as required hereunder.
(c) Failure of Redeveloper to observe and perform any other
covenant, condition, obligation or agreement on his part to be
observed or performed hereunder or under the Restrictions.
(e) If Redeveloper shall admit in writing his inability to pay
its debts generally as they become due, or shall file a petition in
bankruptcy, or shall make an assignment for the benefit of his
creditors, or shall consent to the appointment of a receiver of
itself or of the whole or any substantial part of the Redevelopment
Property.
(f) If Redeveloper shall fail to meet the job and wage goals
with respect to the Project set forth in Section 6.2 of this
Agreement.
Section 8.2 Remedies on Default Whenever any Event of Default
referred to in Section 8.1 occurs, the EDA may take any one or more
of the following actions:
(a) Suspend its performance under this Agreement until it
receives assurances from Redeveloper, deemed adequate by the EDA,
that Redeveloper w i l l cure its default and continue its performance
under this Agreement.
(b) Terminate all rights of Redeveloper under this Agreement.
(c) Withhold the Certificate of Completion.
(d) Terminate the payments to the Redeveloper under Section
6.1 of this Agreement.
(e) Take whatever action at law or in equity may appear
necessary or desirable to the EDA to enforce performance and
observance of any obligation, agreement, or covenant of the
Redeveloper under this Agreement.
13
Section 8.3. No Remedy Exclusive No remedy herein conferred
upon or reserved to the EDA is intended to be exclusive of any
other available remedy or remedies, but each and every such remedy
shall be cumulative and shall be in addition to every other remedy
given under this Agreement or now or hereafter existing at law or
in equity or by statute. No delay or omission to exercise any right
or power accruing upon any default shall impair any such right or
power or shall be construed to be a waiver thereof, but any such
right and power may be exercised from time to time and as often as
may be deemed expedient. In order to entitle the EDA or Redeveloper
to exercise any remedy reserved to it, it shall not be necessary to
give notice, other than such notice as may be required under this
Agreement.
Section 8.4. Waivers All waivers by the EDA, shall be in
writing. If any provision of this Agreement is breached by either
party and thereafter waived by the other party, such waiver shall
be limited to the particular breach so waived and shall not be
deemed to waive any other concurrent, previous or subsequent breach
hereunder.
ARTICLE 9
Additional Provisions
Section 9.1 Conflict of Interests: EDA and City
Representatives Not Individually Liable No member, official,
employee, or consultant or employees of the consultants of the EDA
or the City shall have any personal interest, direct or indirect,
in this Agreement, nor shall any such member, official, consultant
or the consultant's, employees or employee participate in any
decision relating to this Agreement which affects his or her
personal interests or the interests of any corporation,
partnership, or association in which he or she is directly or
indirectly interested. No member, official, consultant or the
consultant's employees, or employee of the EDA or the City shall be
personally liable to Redeveloper, or any successor in interest, in
the event of any default or breach by the EDA or the City or for
any amount which may become due to Redeveloper or successor or on
any obligations under the terms of this Agreement.
Section 9.2 Equal Employment Opportunity Redeveloper, for
itself and its successors and assigns, agrees that during the
construction of the Project it will comply with any applicable
affirmative action and nondiscrimination laws or regulations.
14
F
Section 9.3 Restrictions on Use Redeveloper agrees for
itself, and its successors and assigns, and every successor in
interest to the Redevelopment Property, or any part thereof, that
Redeveloper, and such successors and assigns, shall devote the
Redevelopment Property to, and only to and in accordance with, the
uses specified in the Redevelopment Plan and this Agreement, and
shall not discriminate upon the basis of race, color, creed, sex or
national origin in the sale, lease, or rental or in the use or
occupancy of the Redevelopment Property or any improvements erected
or to be erected thereon, or any part thereof.
Section 9.4 Titles of Articles and Sections Any titles of the
several parts, Articles, and Sections of this Agreement are
inserted for convenience of reference only and shall be disregarded
in construing or interpreting any of its provisions.
Section 9.5 Notices and Demands Except as otherwise expressly
provided in this Agreement, a notice, demand, or other
communication under this Agreement by either party to the other
shall be sufficiently given or delivered if it is dispatched by
registered or certified mail, postage prepaid, return receipt
requested, or delivered personally as follows:
(a) in the case of Redeveloper, addressed to or delivered
personally to Redeveloper at Gill Brothers Funeral Chapels, Inc.,
c/o Daniel J. McGraw, Executive Office, Southwest Chapel, 5801
Tyndale Avenue So., Minneapolis, MN 55419.
(b) in the case of the EDA, addressed or delivered personally
to the EDA's Executive Director, 4401 Xylon Avenue North, New Hope,
Minnesota 55428;
(c) in the case of the City addressed or delivered personally
to the City Manager at 4401 Xylon Avenue North, New Hope, Minnesota
55428;
or at such other address with respect to any such party as that
party may, from time to time, designate in writing and forward to
the other parties as provided in this Section.
Section 9.6 Term of Agreement This Agreement shall terminate
upon the later to occur of (i) December 31, 2006, or (ii) the
payment in full of all payments to be made under Section 6.1
hereof; provided that notwithstanding the termination of this
Agreement, the Restrictions shall remain in full force and effect
until terminated in accordance with its terms.
Section 9.7. Counterparts This Agreement is executed in any
number of counterparts, each of which shall constitute one and the
same instrument.
IN WITNESS WHEREOF, the parties have caused this Agreement to
be duly executed as of the date first above written.
ECONOMIC DEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF NEW HOPE,
MINNES A
By .
Its e`sident
is Ex ive Director
GILL THERS FUNERAL CHAPELS, INC.
C
By.
Daniel J. McGraw,
Its President
STATE OF MINNESOTA )
SS
COUNTY OF HENNEPIN )
?The foreg ' g in strument rument was Ec a �
den an 1ow .edg%d,, befo[�e,� me this
da of �`'`�-�"' , 1996, by e` res� eEutive
�n�t1�ment Authority in and for the City of New io
D� rector,'�co p
Hope, Minnesota.
Notary Public
_
S STEVEN A. SONDRALL
NOTARY PUBLIC - MINNESOTA
HENNEPIN COUNTY
16 My Commission Expires Jan. 31, 2000
_
_
STATE OF MINNESOTA )
)SS
COUNTY OF HENNEPIN )
The foregoing instrument was acknowledged before me this
, day of 1996, Daniel J. McGraw, President,
Gill Brothers Funeral Chapels, Inc., a Minnesota corporation, on
behalf of said corporation.
otary Public
DRAFTED BY:
JEAN M CROSBY
C OR R I C K & SO N D RA L L, P. A. tgozq Public Wff*�
8525 Edinbrook Crossing, #203 AWXAW(WY
Brooklyn Park, MN 55443 Ca"i simE V3120C;I
17
SCHEDULE A
REDEVELOPMENT PROPERTY
Lot 1, Block 1, City Center Addition, commonly known as 7300
42nd Avenue North
PID No: 17- 118 -21 -21 -0054
A -1
CITY CENTER ADDITION
0
�i
.i
S
r
b
— -- - - -- `T _ 130.00 NST2357Z
si Li t., rl•r ._ ^•i/ ar tD 'r
NEVADA
- -
--385.00 S89 -- AVENUE N.
N
W ITY � !r or -
EA MENT q�q CH.rip3t?4 a
N 'ACh.Br4.$g
0
® / 0
O I / '_° N
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n
9W o'er Nom° -.F� - -26244 N%-50 42Nd AVENl1E -96,65 S88'- N • 44 - E
10378 S88°37`I6'W NORTH
- L= 253.12 R= 576 2.60 A =2 °3100' - - - 15824 S88°5144"E
Hunr M+e Of HCSAH Nn 9, Pb/ 59 ••�
r
• ' ri mi �`� IHL/
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1
60
r-lv� All
L.J
C n
60
,
SCHEDULE B
PROJECT DESCRIPTION
A 7,800 sq. ft. funeral home designed as a residential -style
one -story professional building constructed in accordance with
the following described plans submitted to the EDA by the
Redeveloper. Said documents are incorporated into this
Agreement by reference as if fully set out herein.
1. Site Plan
2. Survey
3. Floor Plan
4. Elevations
5. Landscape Plan and Schedule
6. Redeveloper's Project Description
SCHEDULE C
The following events shall take place, subject to Unavoidable
Delays (as defined in this Agreement) by the date specified.
TIME TABLE
Redevelopment
Contract
Section
Task
Date
5.2
Redeveloper provides proof of
insurance.
4.1
Construction Plans submitted to
EDA and City.
a. EDA disapproval (30 days)
b. Redeveloper resubmits Plans
(30 days)
4.2
Project begins.
4.2
Project completed.
4.3
EDA issues or refuses to issue
Certificate of Completion.
November, 1995
October, 1995
October, 1995
October, 1995
November, 1995
July, 1996
July, 1996
C -1
SCHEDULE D
PORTION OF PROJECT THE COSTS OF WHICH ARE
ELIGIBLE FOR REIMBURSEMENT FROM BOND
LAND $254,826
EXCAVATION & BACKFILL 28,800
LANDSCAPING & SPRINKLING 22,700
SANITARY SEWER & WATER 14,400
PARKING LOT 27,600
CURBING 9,480
TOTAL:
$357,806
am
EXHIBIT A
CERTIFICATE OF COMPLETION
WHEREAS, Gi 11 Brothers Funeral Chapels, Inc., a Minnesota
corporation ( "Owner ") is the owner of the property in the County of
Hennepin and State of Minnesota described on Exhibit 1 attached
hereto and made a part hereof ( "Property "); and
WHEREAS, the Property is subject to the provisions of a
certain Redevelopment Agreement (the "Agreement ") dated October 9,
1995 by and between Owner and the Economic Development Authority in
and for the City of New Hope, Minnesota (the "EDA "); and
WHEREAS, Owner has fully and duly performed all of the
covenants and conditions of Owner under the Agreement with respect
to the completion of the Project (as defined in the Agreement);
NOW, THEREFORE, it is hereby certified that all requirements
of Owner under the Agreement with respect to the completion of the
Project have been completed and duly and fully performed, and this
instrument is to be conclusive evidence of the satisfactory
termination of the covenants and conditions of the Agreement as
they relate to the completion of the Project. All other covenants
and conditions of the Agreement shall remain in effect and are not
terminated hereby.
Dated this day of
1995.
ECONOMIC DEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF NEW HOPE,
MINNESOTA
By:
Its President
By:
Its Executive Director
A -1
STATE OF MINNESOTA )
SS
COUNTY OF HENNEPIN )
The foregoing instrument was acknowledged before me this
day of , 1995 by Edward J. Erickson,
President, and Daniel J. Donahue, Executive Director, of the
Economic Development in and for the City of New Hope, Minnesota.
Notary Public
This Instrument Was Drafted By:
CORRICK & SONDRALL, P.A.
8525 Edinbrook Crossing, Suite 203
Brooklyn Park, MN 55443
A -2
EXHIBIT B
COVENANTS AND RESTRICTIONS
1. The Property shall not be exempt from real estate taxes
notwithstanding the ownership or use of the Land.
2. The Property shall not be sold, transferred, conveyed or leased
to any of the following parties:
(a) An institution of purely public charity;
(b) A church or ancillary tax exempt housing;
(c) A public hospital;
(d) A public school district;
(e) An organization exempt from federal income taxes pursuant
to Section 501(c)(3) of the Internal Revenue Code of
1986, as amended; or
(f) A Minnesota cooperative association organized under
Minnesota Statutes, Section 308.05 and 308.18 for the
purpose of complying with the provisions of Minnesota
Statutes, Section 273.133,. subdivision 3, or any other
party that would cause the Property to be valued and
assessed for real estate tax purposes at a lower
percentage of its market value than the Property is then
being valued and assessed for real estate tax purposes or
would result in the Property becoming exempt from real
estate taxes.
3. The land shall not be used for any of the following purposes:
(a) The operation of a public charity;
(b) A church or house of worship;
(c) The operation of a public hospital;
(d) The operation of a public schoolhouse, academy, college,
university, or seminary of learning; or
(e) Any other use which would cause the Property to be valued
and assessed for real estate tax purposes at a lower
percentage of its market value than the Property is then
being valued and assessed for real estate tax purposes or
would result in the Property becoming exempt from real
estate taxes.
4. The covenants and restrictions herein contained shall run with
the title to the Property and shall be binding upon all present and
future owners and occupants of the Property; provided, however,
that the covenants and restrictions herein contained shall inure
only to the benefit of the Economic Development Authority in and
for the City of New Hope, Minnesota ("EDA"), and may be released or
waived in whole or in part at any time, and from time to time, by
the sole act of the EDA, and variances may be granted to the
covenants and restrictions herein contained by the sole act of the
EDA. These covenants and restrictions shall be enforceable only by
the EDA, and only the EDA shall have the right to sue for and
obtain an injunction, prohibitive or mandatory, to prevent the
breach of the covenants and restrictions herein contained, or to
enforce the performance or observance thereof.
5. The covenants and restrictions herein contained shall remain in
effect until December 31, 2025 and thereafter shall be null and
void.
MW
c,\wp51\cnh�gill,ra
CORMCK & SONDRALL, P.A.
STEVEN A. SONDRALL ATTORNEYS AT LAw uKIAL ETA
MICHAEL R. LAFLEUR
MARTIN P. MALECHA b
Edinburgt Executive Office Plaza SHARON D. DER ®r
WILLIAM C. STRAIT 8525 Edinbrook Crossing
Suite #203
Brooklyn Park, Minnesota 55443
TELEPHONE (612) 4255671
FAX (612) 4255867
April 29, 1997
Daniel J. McGraw
Gill Brothers Funeral Chapels, Inc.
5801 Lyndale Avenue South
Minneapolis, MN 55419
RE: 7300 42nd Avenue North
Irrevocable Letter Of Credit No. 165
Our File No: 99.11141
Dear Mr. McGraw:
Your Letter of Credit No. 165 with the Stearns County National Bank
securing the Development Contract in connection with the above -
referenced property expires June 27, 1997. A renewal of this
® Letter of Credit must be received in our office on or before June
3, 1997, or it will be necessary at that time to request authority
from the New Hope City Council to draw upon your Letter of Credit
for the full face amount.
If the work contracted for and guaranteed by this Letter of Credit
is completed, or partially completed, and you wish to secure the
elimination or a reduction of this Letter of Credit, please contact
the City Engineer, Mark Hanson of Bonestroo, Rosene, Anderlik &
Associates, Inc., 2335 West Trunk Highway 36, Roseville, MN 55113.
Mr. Hanson will evaluate the status of the work and recommend an
appropriate action to the Council regarding a reduction or
elimination of the Letter of Credit. If a reduction is allowed, an
Amendment of the Letter of Credit must reach our office on or
before June 3, 1997, or again authority to draw upon the existing
Letter of Credit will be requested of the Council.
Sincerely,
Martin P. Maiecha
Assistant New Hope City Attorney
mat
cc. Daniel J. Donahue, City Manager
Kirk McDonald, Management Assistant
Steven A. Sondrali, City Attorney
Va,lerie, Leone, City Clerk
Mark Hanson, City Engineer
PLANNING
TO:
FROM:
DATE:
SUBJECT:
BOND AMOUNT:
TOTAL NUMBER OF LOTS
City Manager
Doug Sandstad
May 2, 1997
Gill Brothers Bond
One
FACILITIES /LANDSCAPING REQUIRED:
Curbing nK
Sod OK
Trees 3 tre re to be planted at west center by tracks
Driveway OK
Sidewalks OK
Grading OK
Structures OK
Other n/a Describe:
I have, on this day May 2, 1997 inspected the plat for
completion of all work ere a bond we retain. It is appr�p to
RELEASE HOLD this amount: $ 55
I have consulted with the City Engineer on this. None
cc: City Engineer
City Clerk
File
005 8/91
Gill Brothers Funeral Chapel TIF "pay as you clo" Reimbursements
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
total
max =
7,189.86
5,956.60
13,146.46 paid 7/15/02 des
tax print program
150,000.00
Final payment under Redevelopment Contra
H: Taxes /G i I I B rot h e rsT I F
est proj flow
first half
second half
total
rebate total
-
2,504.66
2,504.66
2,505
-
11,984.34
11,984.34
14,489.00
11,984
-
10,713.00
10,713.00
25,202.00
10,713
5,981.00
5,980.68
11,961.68
37,163.68
11,961
7,189.86
7,189.86
14,379.72
51,543.40
14,380
5,956.60
5,956.60
11,913.20
63,456.60
11,913
5,.528.26 !
�1�'
12,301.22
75,757.82
12,301
r'6;5a1p
6,53910
13,078.20
88,836.02
13,078
„
6,122 29
� .9
12,244.58
101,080.60
13,000
11,659.90
112,740.50
13,000
43,147.06
69,593.44
112,740.50
114,835
max =
7,189.86
5,956.60
13,146.46 paid 7/15/02 des
tax print program
150,000.00
Final payment under Redevelopment Contra
H: Taxes /G i I I B rot h e rsT I F
REQUISITION /PURCHASE ORDER
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MN 55428-4898
PHONE: 763-531-5100, FAX: 763-531-5136
FEDERAL ID #41-6008870, MUNICIPAL CORPORATION
P. 0. #
DATE
VENDOR: 6IL1 DELIVER TO:
0
00
F- INVOICE # DATE PROG OBJ SUB I TYPE AMOUNT DESCRIPTION
0s gfl,�
0� 3 -
o5 grj ,� : ,
Q C �M) 14i47,F 7 2 - 0c 9 'r r-
i'7 77,1
T
I hereby certify that all goods have been received in good order, inspected and checked as to quality and quantity as specified in this order.
RECEIVED BY:
APPROVED FOR PAYMENT:
White: Vendor *G een: Finance
CITY MANAGER:
AUTHORIZED REPRESENTATIVE:
Yellow: Department
Hennepin County Property Information -L Us"
Property Tax Information
The Hennepin County Property Tax web database is updated
daily (Monday - Friday) at approximately 9:15 p.m, (CST)
Property ID No.: 17-118-21-21-0054
Property Address: 7300 42ND AVE N
Owner Name: NEM FAMILY LTD PARTNERSHIP
Taxpayer Name and Address: GILL BROS FUNERAL CHAPLES
C/O DANIEL MCGRAW
5801 LYN DALE AVE S
There are no prior year taxes due on this property.
It is anticipated that 2007 Taxes will be available on this web site approximately March
1,2007.
http:/I/www2.co.hem-iepin.mn.us/taxpa:yments/taxesdue.j sp'?pld=l 711821210054 2/1/2007
Fa1IIKI"rV 7rtinc ®t3t - %0= 'r%,r'r'AV t%'rA®p1-AAV-M,14-
NNEPIN C U N
'I TY 2006 PROPERTY TAX STATEMENT
A -or) hfi-A , - PrifiSnt
MAKE CHECK PAYABLE TO HENNEPIN COUNTY TREASURER
Mew improvements/Expired Exclusions'
i 0
0
Estimated Market Value
875,000.
875,000
-
Taxable Market Value
875,000
875,000
6j
1. Use this amount on Form MA PR to see if you are eligible for a property tax refund.
.00
Owner
File by August 15. IF BOX IS CHECKED,YOU OWE DELINQUENTTAXES AND ARE NOT ELIGIBLE.
=
NEM FAMILY LTD PARTNERSHIP
2. Use this amount for the special property tax refund on schedule 1 of Form M -1 PR.
.00
Your Property Tax and How It Is Reduced by the State
53,176.31
5 0 , 6 4 6 . 0 4
3. Property tax before reduction by state paid aids and credits
21 , 7 6 4.61
2 0 , 6 3 4 . 6 6
4. Aid paid by the stale of Minnesota to reduce your property tax
.00
. 00
Munic
5. A. Homestead and agricultural credits paid by the state of Minnesota to reduce your property tax
.00
.00
G
17- 118 - 21 21 0054
B. Other Credits paid by the state of Minnesota
31 , 411.7 0
30,011-38
Munic School Watershed Sewer TIF
6. Your Property Tax after reduction by state -paid aids and credits
Proper
86 281 8 02 1606
Where Your Property Tax Dollars Go
499.30
569.63
Additio
Property Address
7. A. County __ ............. .................... ..._.....................__..._........................ ..............._._.._..._....._............. .._.......__.........._
7.18
7.76
A
7300 42ND AVE N
B. RegtonalRailAuthority.' ................................................................. ............................... ........................................................... ...............................
523.08
587.17
8. City Or Town........._ ...................._........._......................_......._....._...._......_..........................._.........._...... ............ ................_.___ ..........._._.............._.,
8,562.76
8 , 513.52
LotAddition
CITY CENTER ADDN
9. State General Tax..........._ .............................__................... ._.._...........___............ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... ...............................
0
istrict :..................................................................................................................................................... ............_..... .... ..............................:
10. School District. _ __ . . .......... .................... ............ ............ ................ ..............
..............................:
1,268.73
1,251.83
W
Lot Block
A. Voter Approved Levies ..............._........................................................................................._........_..................._....................
....____........_..._..........
. 386.07
569.89
001 0 0 1
B. Other Local Levies ............... _........................................_.._.._.........._........_...._..........._..._............_...._.._................_._
37.34
40.60
Mtg. Cc
11. A. m e tropolitan Special Taxing Districts ....................._.........__..._....___................_..__....._......_._.._......._.._......_. .........._._...._._,._...._...
................_.__........._.
9 3
38
6
49.86
.........................._.................................. ........._...
B. Other Special Taxing Districts.........._ ............._._ _ _................................
. .................._.._..._._..:
12 , 2 4 4. 9
11,659-90
Mtg. Code Loan No.
C. Tax Increment ..................._........_ ..... .,.._.............._........._..__.............................._........._........_....__ ._..._............._..._......_.
._...._.......... .................... ...............................
7 8 4 3 . 7 2
6,761.22
D. Fiscal Disparity ................_....._._..............._...._...__._...... _.................
.00
MEMBER= . 13.
12. Non-School Voter Approved Referenda Levies ............. ... ......... ... .. ._..
41 1 7 0
g 0 O 1 1
nts ... °' '"
Total Property Tax Before Fees and Special Assessments
139.56
138.68
County Collected Solid Waste Management Fee .... . ......... .....__..._......_................. ... ......._................................. ..._..._................ .......
a
1 5, 0 7 5. 0 3
14. A. Special Assessment Principal ....._. ........ ....._ ..................... ......_........_......._................ .........._...._...._......_.. ....... .......... ..............._._._._.........
®.
B . Special Assessment Interest _...._........._ ....... ....... ..._......... ... ... ... ....................._..........._......_.................................._..... .............................._
o tt.
31,551 .2 6
30,150.0
15,075.03
15. YOUR TOTAL PROPERTY TAX AND SPECIAL ASSESSMENTS ......._ ................
MAKE CHECK PAYABLE TO HENNEPIN COUNTY TREASURER