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NOV. 30. 2001 4: 08PM EHLERS & ASSOCIATES NO. 3468 P. 3/8 <br /> EHLERS <br /> November 30,2001 & ASSOCIATES INC <br /> Jean Beirbaum <br /> Taxpayer Services Department <br /> A-600 Hennepin County Government Center <br /> 300 South 6th St. <br /> Minneapolis,MN 55487 <br /> Dear Ms. Bierbaum: <br /> On May 14, 2001, the Orono City Council held a public hearing on the establishment of Tax Increment <br /> Financing District No. 1-1 and, on May 29, 2001, the City of Orono City Council approved the Tax <br /> Increment Financing Plan for Tax Increment Financing District No. 1-1.Enclosed please find a copy of each <br /> of the following: <br /> (1) The City Council resolution adopting the Tax Increment Financing Plan for Tax Increment <br /> Financing District No. 1-1; <br /> (2) The minutes of the Orono City Council meeting on May 14 and May 29, 2001, which <br /> includes the public hearing on the establishment of Tax Increment Financing District No. <br /> 1-1; <br /> (3) The Tax Increment Financing Plan for Tax Increment Financing District No. 1-1 and the <br /> Development Plan for Development District No. 1; <br /> (4) The County Certificate as to Original Net Tax Capacity and Original Local Tax Rate. <br /> Please complete the Certificate pursuant to Minnesota Statutes, Section 469.177 (1) <br /> and 469.177(1a)and return the original signed/sealed copy to me; <br /> (5) The parcel to be included in Tax Increment Financing District No. 1-1 (The current parcel <br /> number is 34-118-23-24-0058. This parcel is being split. The recording of the plat will <br /> be on Monday, December 3, 2001. The new legal description for the parcel to be <br /> included in Tax Increment Financing District No. 1-1 will be: Lot 2,Block 1, Orono <br /> Ambar); <br /> (6) The Tax Increment Financing Certification Request Supplement Form. <br /> Pursuant to the requirements of Minnesota Statutes,Section 469.177(4),the Original Net Tax Capacity shall <br /> be increased by the value of building permits issued in 18 months preceding May 29, 2001. The City <br /> advises that no building permits have been issued in said Tax Increment Financing District No.1-1 in <br /> the 18 months preceding May 29,2001. <br /> Equal Opportunity Employer <br /> LEADERS IN PUBLIC FINANCE <br /> Chartor Mornbcr of the Nacional Association <br /> of Independent Public finance Advisors <br /> nncn n__._.. n..:..., n.;,,., QQ177 zinc Fcl AO-7 aeon f=Y F;1 1Q7 RcQS www phlnrc-inr nnm <br />