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STATE OF MINNESOTA} <br /> }ss <br /> COUNTY OF HENNEPIN} <br /> CERTIFICATION AS TO ORIGINAL TAX CAPACITY AND ORIGINAL TAX CAPACITY RATE OF <br /> REAL PROPERTY IN QUALIFIED HOUSING TAX INCREMENT FINANCING DISTRICT NO. 1-1 <br /> (COUNTY NO. 2700) IN THE CITY OF ORONO. <br /> I, the undersigned, being duly deputized by the Director of the Taxpayer Services <br /> Department of Hennepin County, Minnesota, hereby certify to the City of Orono, in accordance <br /> with the request of said Authority and pursuant to the provisions of Minnesota Statutes, Section <br /> 469.177, Subdivision 1, that the original tax capacity and original tax capacity rate of all real <br /> property in Qualified Housing Tax Increment Financing District No. 1-1 is as follows: <br /> Original Tax Capacity: $8,400 Original Tax Capacity Rate: 96.3350% <br /> I also certify that the foregoing original tax capacity is composed of the tax capacity of <br /> each parcel of real property within the above designated Tax Increment Financing District as <br /> determined by the assessment as of January 2, 2001, this being the estimated market value most <br /> recently certified by the Commissioner of Revenue as of December 4, 2001, the date when the <br /> certification request was received. <br /> I also certify that attached hereto as Exhibit A and made a part of this certification is a full, <br /> true and complete list of all parcels of real property comprising Qualified Housing Tax Increment <br /> Financing District No. 2700 and of the original tax capacity determined for each parcel and <br /> included in the aggregate amount stated above. <br /> WITNESS my hand and official seal this Tuesday, June 11, 2002. <br /> (SEAL) %%/ <br /> Jea . Bierbaum, Senior Administrative Assistant <br /> axpa r Services Department, Hennepin County <br /> (cer27002002) <br />