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• t <br /> Hennepin County Taxpayer Services Department <br /> Hennepin — -- <br /> A-600 Hennepin County Government Center <br /> Minneapolis,Minnesota 55487-0060 <br /> June 11, 2002 <br /> Mark Ruff <br /> Financial Advisor <br /> Ehlers & Associates, Inc. <br /> 3060 Centre Pointe Drive <br /> Roseville MN 55113-1105 <br /> Dear Mr. Ruff: <br /> Enclosed is the Certification as to Original Tax Capacity and Original Tax Capacity Rate of Real <br /> Property in the Tax Increment Financing District as follows, in the City of Orono: <br /> Qualified Housing Tax Increment District No. 1-1 (County Designation No. 2700) <br /> Original Tax Capacity: $8,400 Original Tax Capacity Rate: 96.3350% <br /> Attached to the Certification, and identified as Exhibit A, is a list of the parcels of real property <br /> comprising TIF District 2700, and the Estimated Market Value and Original Tax Capacity determined <br /> for those parcels as of January 2, 2001, this being the estimated market value most recently certified <br /> by the Commissioner of Revenue as of December 4, 2001, the date when certification request was <br /> received. <br /> Sincerely, <br /> Jean M. Bierbaum, Senior Administrative Assistant <br /> Administrative Support Division <br /> Cc Ron Moorse, City of Orono, P.O. Box 66, Crystal Bay, MN 55323 <br /> Mike Gaffron, City of Orono, P.O. Box 66, Crystal Bay, MN 55323 <br /> Cer127002002 <br /> An Equal Opportunity Employer Recycled Paper <br />