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CITY OF CLOQUET Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013 - District 3-1

CITY OF CLOQUET Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013 TIF District Name: TIF District 3-1 Current net tax capacity = $23,451 Original net tax capacity = $3,591 Captured net tax capacity= $19,860 Princip...

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

TIF District Name: TIF District 3-1

Current net tax capacity = $23,451
Original net tax capacity = $3,591
Captured net tax capacity=  $19,860
Principal and interest payments due in 2013 = $10,000
Tax increment received in 2012 =$29,800
Tax increment expended in 2012 = $14,236
Month and year of first tax increment receipt = July, 2013
Date of required decertification = December 31, 2021

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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