| Sherburne County Economic Development Authority | |||
| Annual Disclosure of Tax Increment District for the Year Ended | |||
| December 31, 2020 | |||
| District Name | TIF District 1-1 | ||
| Apperts Foods - County EDA TIF 1-1 | |||
| Current net tax capacity | $ | 82,500 | |
| Original net tax capacity | $ | 4,050 | |
| Captured net tax capacity | $ | 78,450 | |
| Principal and interest payments due in 2020 | $ | 77,944 | |
| Tax increment received in 2020 | $ | 63,812 | |
| Tax increment expended in 2020 | $ | 77,980 | |
| Month and year of first tax increment receipt | 07/2013 | ||
| Date of decertification | 12/31/2020 | ||
| Date of required decertification | 12/31/2021 | ||
| Additional information regarding the district may be obtained from: | |||
| Diane Arnold, Sherburne County Auditor/Treasurer | |||
| 13880 Business Center Drive NW, Suite 100 | |||
| Elk River, MN 55330 | |||
(Published in the Patriot: 07/24/21).
