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Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013 - District 2-1

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CITY OF CLOQUET

Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013

TIF District Name: TIF District 2-1

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Current net tax capacity =$39,217

Original net tax capacity =$415

Captured net tax capacity =$38,802

Principal and interest payments due in 2013 =$43,857

Tax increment received in 2012 =$52,955

Tax increment expended in 2012 =$53,420

Month and year of first tax increment receipt = June, 2008

Date of required decertification = December 31, 2033

Additional information regarding the district may be obtained from:

Nancy M. Klassen, CPA, CPFO

1307 Cloquet Avenue

Cloquet MN 55720

(218) 879-3347

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