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2012 Annual Tax Increment Disclosure Statement City of Preston


Fri, Aug 2nd, 2013
Posted in Preston Legals

2012 Annual Tax Increment Disclosure Statement

City of Preston

Preston economic development authority

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

TIF 5 TIF 6

Name of TIF District Country Hearth Inn Assisted Living Project

Currrent net tax capacity 15,346 7,766

Original net tax capacity 2,650 161

Captured net tax capacity 12,696 7,605

Principal and Interest due in 2013 27,401 17,946

Tax increment received 15,219 11,184

Tax increment expended 15,691 10,362

Month and year of first tax increment receipt 2/1/1998 3/1/2001

Date of required decertification 12/31/2024 12/31/2028

Additional information regarding each district may be obtained from:

Joe Hoffman

City of Preston

210 Fillmore St W, PO Box 657

Preston, MN 55965

(507) 765-2153

Publish 5
Hoffman Stables

Letter about Big Oil

Fri, Jul 26th, 2013
Posted in Preston Letter to the Editor

To the Editor, Freedom of choice. Americans treasure it, and Big Oil wants to eradicate it. Recently the U.S. Supreme Court ruled against Big Oil’s efforts to limit Americans’ choices of alternatives to petroleum. So now, in an effort to pres ..... 
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Fillmore Central prepares for new school year

Fri, Jul 26th, 2013
Posted in Preston Education

By Jade Sexton The Fillmore Central High School building has been undergoing renovations this summer, including a large heating and venting project. At the regular school board meeting on July 23, principal Heath Olstad said the project is going ac ..... 
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A leaner National Trout Center

Fri, Jul 19th, 2013
Posted in Preston Government

The Preston City Council at its July 13 meeting after a long discussion concerning the past and future of the National Trout Center voted to approve the revised, leaner budget for the center. Councilman David Harrison was absent. The NTC was found ..... 
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Fillmore Central Schools sets 2013 eligibility meeting

Fri, Jul 19th, 2013
Posted in Preston Education

The eligibility meeting for 2013-2014 Minnesota State High School League activities will be held at Fillmore Central Elementary School stage gym in Preston, Minn. on Tuesday, July 30, 2013 at 7pm. All students entering grades 7-12 and planning to ..... 
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Support “The Cruise” in Preston

Fri, Jul 19th, 2013
Posted in Preston Features

Area folks are encouraged to come out in support of the Ronald McDonald Cruise Ride on Sunday, July 28. Between 2 and 4pm, hundreds of motorcycles will line the streets around the courthouse square in Preston, Minn., all for the purpose of raising o ..... 
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Fillmore Central 2013-14 Pre-School Registration

Fri, Jul 19th, 2013
Posted in Preston Education

Fillmore Central Community Education School Readiness registration is underway for parents wanting to enroll their child for the 3/4 or 4/5 fall pre-school sessions. Classes are scheduled to begin the week of September 9, 2013. The goal of school ..... 
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Birth Announcement - Madalyn Kay Thomas

Fri, Jul 12th, 2013
Posted in Preston Social Scenes

Madalyn Kay Thomas Joel and Amanda Thomas of Cresco, Iowa. are happy to announce the birth of their daughter Madalyn on June 25, 2013. She is 18 1/2 inches long and weighs 6 lbs. 8 oz. The happy grandparents are Jerry and Pam McCabe of Preston, Min ..... 
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Preston invites volunteers to help

Fri, Jul 5th, 2013
Posted in Preston Government

By Karen Reisner The Preston City Council at their July 1 meeting discussed the Comprehensive Plan Committee, the Ronald McDonald Charity Cruise, and Goose Flat Park. The city is looking for interested volunteers to serve. Councilmen David Harriso ..... 
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