City of St. Joseph
The following information represents the annual disclosure
of tax increments for the year ended Dec. 31, 2010.

District Name
TIF # 1-4 St. Joe Development LLC
TIF # 2-1
Millstream Shops and Lofts
Current Net Tax Capacity
64,232
38,827
Original Net Tax Capacity
1,830
8,425
Captured Net Tax Capacity
62,402
30,402
Principal and interest payments due in 2011
50,224
82,907
Tax Increments Received in 2010
69,106
32,404
Tax Increments Expended in 2010
61,736
28,850
Month and Year of First Increment Receipt
May, 2004
July, 2009
Date of Required Decertification
12/31/ 2012
12/31/2034

Tax-Increment Districts 1-4 and 2-1 do not share their growth in commercial-industrial property tax values. This results in increases in property taxes for other properties in this municipality. For taxes payable in 2010, this increase in taxes on other properties amounted to $0.

Additional information regarding each district may be obtained from: Lori Bartlett, finance director, City of St. Joseph, P.O. Box 668, St. Joseph, MN 56374, 320-363-7201.

Publish: Aug. 5, 2011