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2012 annual tax increment disclosure statement City of Lanesboro


Fri, Aug 9th, 2013
Posted in Lanesboro Legals

2012 annual tax increment disclosure statement

City of Lanesboro

Lanesboro economic development authority

The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2012

Dev Dist 2 TIF 2-1 Green Gables

Currrent net tax capacity $5,779

Original net tax capacity $191

Captured net tax capacity $5,588

Principal and interest payments due in 2013 $5,468

Tax increment received in 2012 $7,321

Tax increment expended in 2012 $6,170

Month and year of first tax increment receipt 12/1995

Date of required decertification 12/31/2020

The total increased property taxes to be paid from

outside the district if fiscal disparities Option A applies* $0

The fiscal disparitites property tax law provides that the growth in commercial-industrial property tax values is shared throughout the area. In a tax increment financing district, this value sharing can either result in a tax increase for other properties in the municipality or result in a decrease in tax incerment financing district revenue depending on how the tax increment financing district is established.

Tax Increment Financing District TIF 2-2 does not share its growth in commercial-industrial property tax values. This results in an increase in property taxes for other properties in this municipality. For taxes payable in 2012, this increase in taxes on other properties amounted to $0.00.

Additional information regarding each district may be obtained from:

David Todd

202 Parkway Ave. South

Lanesboro, MN 55949

(507) 467-3722

Email: lanesboro@acegroup.cc

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2012 annual tax increment disclosure statement City of Lanesboro

Fri, Aug 9th, 2013
Posted in Lanesboro Legals

2012 annual tax increment disclosure statement City of Lanesboro Lanesboro economic development authority The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2012 TIF 2-2 Currren ..... 
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Vintage Baseball in Lanesboro - 1860’s Style

Fri, Aug 9th, 2013
Posted in Lanesboro Sports

Baseball – the way it was played in the mid-1800’s – comes to Lanesboro, Minn. Saturday, Sept. 14, at 4 p.m. Sponsored by the Lanesboro Area Chamber of Commerce, this free event features the Quickstep Baseball Club of Minneapolis-St. Paul ver ..... 
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Lanesboro Up Close

Fri, Aug 9th, 2013
Posted in Lanesboro Arts & Culture

LANESBORO, Minn. - ‘Lanesboro Up Close’ features Pastel Paintings by Fred Ginocchio in the Cornucopia Artist Spotlight Aug. 31 – Sept. 29, 2013 at Lanesboro Arts Center ‘Lanesboro Up Close’ features soft pastel and oil pastel paintings b ..... 
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Commonweal Theatre’s Student Matinee Series ready for Fall 2013

Fri, Aug 9th, 2013
Posted in Lanesboro Arts & Culture

LANESBORO, Minn. — The Commonweal Theatre Company announces the Student Matinee Series for the upcoming 2013 fall school semester. This program reaches more than 2,000 regional students and teachers a year as part of Commonweal Theatre’s goal th ..... 
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David Todd takes over as City Administrator in Lanesboro

Fri, Aug 2nd, 2013
Posted in Lanesboro Government

David Todd came to Minnesota all the way from Maryville, Mo. to start a new life and a new job. In June, he took over the position of the city administrator of Lanesboro, Minn. Todd is now living in Rochester, Minn. with his wife, Hilarie and the ..... 
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Motown theme for “Over the Back Fence” Community Variety Show

Fri, Aug 2nd, 2013
Posted in Lanesboro Arts & Culture

Motown is the theme for the upcoming “Over the Back Fence” Community Variety Show, held on Friday, August 9 at 7:30 p.m. at the St. Mane Theatre in Lanesboro, Minn. Michelle Lynn will provide pre-show music beginning at 7:10 p.m. Damon Prestem ..... 
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Lanesboro Barn Dance to be held in August

Fri, Aug 2nd, 2013
Posted in Lanesboro Arts & Culture

The Lanesboro Barn Dance will present another chance to kick up your heels on Saturday August 10 at the Sons of Norway Hall in Lanesboro, Minn. Starting time is 8:00 PM and admission is $7 at the door. Although it’s good to know right from left ..... 
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Documentary Film The 11th Hour and Events with Author Shawn Otto

Fri, Aug 2nd, 2013
Posted in Lanesboro Arts & Culture

LANESBORO, Minn. – Author Shawn Otto will be in town for events in conjunction with the upcoming Third Friday Film Series film on Friday, August 16, 2013. Events start at 5 p.m. at the Lanesboro Public Library, where Shawn will do a presentation, ..... 
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