Disclosure Statement
Publish July 31, 2009
2008 ANNUAL
DISCLOSURE STATEMENT
Name of TIF Authority: Douglas County HRA
Name of Municipality: Douglas County
The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2008.
Name of TIF District: TIF 3-2 THESING & GUNTHER
Current net tax capacity: $11,480
Original net tax capacity: $8,504
Captured net tax capacity: $2,976
Principal and interest payments due in 2009: $0
Tax increment received in 2008: $2,132
Tax increment expended in 2008: $2,132
Month and year of first tax increment receipt: 6/2006
Date of required decertification: 12/31/2031
Name of TIF District: TIF 3-3 ODYSSEY STEEL
Current net tax capacity: $6,832
Original net tax capacity: $1,136
Captured net tax capacity: $5,696
Principal and interest payments due in 2009: $0
Tax increment received in 2008: $0
Tax increment expended in 2008: $0
Month and year of first tax increment receipt: 6/2008
Date of required decertification: 12/31/2016
Name of TIF District: TIF 3-4 WAGNER TRUCKING
Current net tax capacity: $8,452
Original net tax capacity: $1,274
Captured net tax capacity: $7,178
Principal and interest payments due in 2009: $0
Tax increment received in 2008: $4,554
Tax increment expended in 2008: $4,554
Month and year of first tax increment receipt: 6/2008
Date of required decertification: 12/31/2016
Name of TIF District: TIF 3-5 BRENTON ENGINEERING
Current net tax capacity: $116,936
Original net tax capacity: $36,192
Captured net tax capacity: $80,744
Principal and interest payments due in 2009: $0
Tax increment received in 2008: $0
Tax increment expended in 2008: $0
Month and year of first tax increment receipt: 6/2009
Date of required decertification: 12/31/2034
Name of TIF District: TIF 3-6 S AND P LAND MANAGEMENT
Current net tax capacity: $937
Original net tax capacity: $276
Captured net tax capacity: $661
Principal and interest payments due in 2009: $0
Tax increment received in 2008: $0
Tax increment expended in 2008: $0
Month and year of first tax increment receipt: 12/2009
Date of required decertification: 12/31/2017
Additional information regarding each district may be obtained from:
Jeffrey Schiffman, 1224 North Nokomis St., PO Box 965, Alexandria, MN 56308; (320) 762-2954.
949547
Tags: legal notices, douglas county hra, disclosure
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