CITY OF SCANLON ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE YEAR ENDED DECEMBER 31, 2011

CITY OF SCANLON ANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS FOR THE YEAR ENDED DECEMBER 31, 2011

TIF District No. 1 --- TIF District Name[Service Option for Seniors]

Current net tax capacity --- 46,112

Original net tax capacity --- 461

Captured net tax capacity --- 45,651

Principal and interest payments due during current year --- 0

Tax increment received --- 51,902

Tax increment expended --- 70,197

Month and year of first tax increment receipt --- July 2004

Date of required decertification --- 12-31-2029

Additional information regarding each district may be obtained from:

Miranda McNamara, Clerk/Treasurer

2801 Dewey Avenue, Scanlon, MN 55720

(218) 879-4578

Tags: legal notices, legals