Public Notices 07/25/2013

Foreclosure Notice
(Official Publication)
NOTICE OF MORTGAGE FORECLOSURE SALE

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.
NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:
DATE OF MORTGAGE: August 26, 2005
MORTGAGOR: Diane M. Nelson, a single person.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc..
DATE AND PLACE OF RECORDING: Recorded October 14, 2005 Washington County Recorder, Document No. 3545857.
ASSIGNMENTS OF MORTGAGE: Assigned to: Deutsche Bank National Trust Company, as Trustee for the Encore Credit Receivables Trust 2005-4. Dated April 9, 2012 Recorded April 25, 2012, as Document No. 3885430.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100180100002584215
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Encore Credit Corp.
RESIDENTIAL MORTGAGE SERVICER: Select Portfolio Servicing, Inc.
MORTGAGED PROPERTY ADDRESS: 7731 Rimbley Road, Woodbury, MN 55125
TAX PARCEL I.D. #: 17.028.21.12.0143
LEGAL DESCRIPTION OF PROPERTY:
Lot 4, Block 17, Strate’s Farm First Addition, Washington County, Minnesota
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $152,100.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $141,372.04
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;
PURSUANT to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of said county as follows:
DATE AND TIME OF SALE: August 15, 2013 at 10:00 AM
PLACE OF SALE: Sheriff’s Office, Law Enforcement Center, 15015 62nd Street North, Stillwater, MN
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys’ fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on February 18, 2014, unless that date falls on a weekend  or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:None
“THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”

Dated: June 20, 2013

Deutsche Bank National Trust Company, as Trustee
Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
38 – 13-004492 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

(Jun. 27, Jul. 5,11,18,25, Aug. 1, 2013) Nelson Foreclosure
Foreclosure Notice
(Official Publication)
NOTICE OF MORTGAGE FORECLOSURE SALE

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.
NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:
DATE OF MORTGAGE: January 23, 2009
MORTGAGOR: Jenni Baier, a single person.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Lakeland Mortgage Corporation .
DATE AND PLACE OF RECORDING: Recorded February 11, 2009 Washington County Recorder, Document No. 3725022.
ASSIGNMENTS OF MORTGAGE: Assigned to: U.S. Bank National Association. Dated March 14, 2013 Recorded March 19, 2013, as Document No. 3936864.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100137510000370280
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Lakeland Mortgage Corporation
RESIDENTIAL MORTGAGE SERVICER: U.S. Bank Home Mortgage, a division of U.S. Bank National Association
MORTGAGED PROPERTY ADDRESS: 7762 79th Street South, Cottage Grove, MN 55016
TAX PARCEL I.D. #: 0802721430171
LEGAL DESCRIPTION OF PROPERTY:
Unit 7762, Condominium Number 63, Bright Keys, a Condominium Thirteenth Supplemental, Washington County, Minnesota
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $136,497.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $138,014.08
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;
PURSUANT to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of said county as follows:
DATE AND TIME OF SALE: August 7, 2013 at 10:00 AM
PLACE OF SALE: Sheriff’s Office, Law Enforcement Center, 15015 62nd Street North, Stillwater, MN
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys’ fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on February 7, 2014, unless that date falls on a weekend or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.
MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:None
“THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”
Dated: June 4, 2013

U.S. Bank National Association
Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
19 – 12-006866 FC
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
(June 20, 27, July 5, 11, 18, 25 2013) ST Baier Forcl 19-12-006866

Foreclosure Notice
(Official Publication)
NOTICE OF MORTGAGE FORECLOSURE SALE
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE
ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT
AFFECTED BY THIS ACTION.
YOU ARE HEREBY NOTIFIED THAT:
1. Default has occurred in the conditions of the mortgage dated January 2, 2004, executed by Thomas J. Ott and Pamela J. Ott, husband and wife, as Mortgagor(s), to American Bank of St. Paul, a Minnesota corporation, as Mortgagee(s), and filed for record January 7, 2004, as Washington County Registrar of Titles Document Number 1141615. The land described in the Mortgage is Torrens Property.
2. The Mortgage has been assigned as follows: No assignments.
3. The maximum principal amount secured by the Mortgage was: $285,000.00.
4. No action or proceeding at law is now pending to recover the debt secured by the Mortgage, or any part thereof.
5. The holder of the Mortgage has complied with all conditions prec dent to acceleration of the debt secured by the Mortgage and foreclosure of the Mortgage, and all notice and other requirements of applicable statutes.
6. At the date of this notice, the amount due on the Mortgage, and taxes, if any, paid by the holder of the Mortgage is: $272,370.54.
7. Pursuant to the power of sale in the Mortgage, the Mortgage will be foreclosed, and the land located in Washington County, Minnesota and described as follows: Lot Six (6), Block One (1), Hidden Oaks Fourth Addition, according to the plat thereof on file and of record in the office of the Registrar of Titles, County of Washington and State of Minnesota will be sold by the sheriff of Washington County, Minnesota at public auction on August 2, 2013 at 10:00 o’clock a.m., at the Washington County Sheriff’s Office (Civil Division), 15015 62nd Street North, Stillwater, MN 55082.
8. The time allowed by law for redemption by the Mortgagor, the Mortgagor’s personal representatives or assigns is 6 months after the date of sale.
9. THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.
10. Unless the mortgage is reinstated or the property redeemed, or unless the time for redemption is reduced by judicial order, the mortgagor and/or its assigns must vacate the property by 11:59 p.m. on February 2, 2014.
11. In order to comply with Minn. Stat. Section 580.025, the undersigned hereby states that the following information is correct to the best of its knowledge: (a) The street address and tax identification number of the mortgaged property:
7484 Granada Circle South
Cottage Grove, MN 55016
Tax Identification Number:
07-027-21-42-0009
(b) Transaction agent and transaction agent’s mortgage identification number: N/A
(c) Residential mortgage servicer, broker and/or originator: N/A
(d) Lender: American Bank of St. Paul, a Minnesota corporation.
12. This is an attempt to collect a debt and any
information obtained will be used for that purpose.
Dated: June 13, 2013 American Bank of St. Paul, a
Minnesota corporation,
Mortgagee
By:_/s/ David A. Lutz
David A. Lutz
Attorney for Mortgagee
527 Marquette Avenue Ste. 860
Minneapolis, MN 55402
612-424-2110
(June 20, 27 July 5, 11,18, 25, 2013) ST Ott Forclosure
Foreclosure Notice
(Official Publication)
NOTICE OF MORTGAGE FORECLOSURE SALE

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.
NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage:
DATE OF MORTGAGE: June 25, 2004
MORTGAGOR: Rickey R. Rolling III, Unmarried.
MORTGAGEE: Mortgage Electronic Registration Systems, Inc., as nominee for Mississippi Mortgage Company.
DATE AND PLACE OF RECORDING: Recorded October 4, 2004 Washington County Recorder, Document No. 3470438.
ASSIGNMENTS OF MORTGAGE: Assigned to: U.S. Bank National Association. Dated January 23, 2013 Recorded January 31, 2013, as Document No. 3929665.
TRANSACTION AGENT: Mortgage Electronic Registration Systems, Inc.
TRANSACTION AGENT’S MORTGAGE IDENTIFICATION NUMBER ON MORTGAGE: 100021278104030627
LENDER OR BROKER AND MORTGAGE ORIGINATOR STATED ON MORTGAGE: Mississippi Mortgage Company
RESIDENTIAL MORTGAGE SERVICER: U.S. Bank Home Mortgage, a division of U.S. Bank National Association
MORTGAGED PROPERTY ADDRESS: 1241 Driving Park Road, Stillwater, MN 55082
TAX PARCEL I.D. #: 3203020140083
LEGAL DESCRIPTION OF PROPERTY:
Lot 6, Block 1, The Highlands of Stillwater 6th Addition, Washington County, Minnesota
COUNTY IN WHICH PROPERTY IS LOCATED: Washington
ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $165,000.00
AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $159,511.75
That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;
PURSUANT to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of said county as follows:
DATE AND TIME OF SALE: September 19, 2013 at 10:00 AM
PLACE OF SALE: Sheriff’s Office, Law Enforcement Center, 15015 62nd Street North, Stillwater, MN
to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys’ fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.
TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on March 19, 2014, unless that date falls on a weekend  or legal holiday, in which case it is the next weekday, and unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE:None
“THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR’S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED.”

Dated: July 12, 2013

U.S. Bank National Association
Mortgagee/Assignee of Mortgagee

USSET, WEINGARDEN AND LIEBO, P.L.L.P.
Attorneys for Mortgagee/Assignee of Mortgagee
4500 Park Glen Road #300
Minneapolis, MN 55416
(952) 925-6888
19 – 12-006700 FC

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.

(Jul. 25, Aug. 1,8,15,22,29, 2013) Rolling Foreclosure
Public Notice of Auction
(Official Publication)
NOTICE OF SALE AND DISPOSAL OF PROPERTY
PS Orangeco, Inc. and/or Shurgard TRS. Inc. will conduct sales(s) at Public Storage located at Woodbury Hudson 25562: 9640 Hudson Rd., Woodbury, MN 55125-9113. Notice is hereby given that the undersigned will sell at public auction on August 15, 2013 at 2:00 pm personal property including but not limited to furniture, clothing, tools and/or other household items. The name of the person(s) whose personal property is to be sold is as follows:
04104 – Cortez, Marco; 04109 – Pearson, Mary.
(Jul. 25 & Aug. 1, 2013) S2-Woodbury25562-Aug15Auction

Public Notice of Auction
(Official Publication)
NOTICE OF SALE AND DISPOSAL OF PROPERTY
PS Orangeco, Inc. and/or Shurgard TRS. Inc. will conduct sales(s) at Public Storage located at Stillwater 25560: 5710 Memorial Ave N, Stillwater, MN 55082-1088. Notice is hereby given that the undersigned will sell at public auction on August 15, 2013 at 12:30 pm personal property including but not limited to furniture, clothing, tools and/or other household items. The name of the person(s) whose personal property is to be sold is as follows:
2582 – Edwards, Mary; 3215 – Johnson, Tamara; 3330 – Olson, Mitch; 3409 – Boetcher, Peter; 3443 – Calverley, Brent; 3619 – Cody, Lisa M; 4117 – Schiesser, Robert; 4231 – Bohar, Deborah; 708 – Citifinancial (Onemain Fiancial); 708 – Schlaeger, Nathan; 8112 – Hiller, Mary.
(Jul. 25 & Aug. 1,8, 2013) S2-Stillwater25560-Aug15Auction
Public Notice of Auction
(Official Publication)
NOTICE OF SALE AND DISPOSAL OF PROPERTY
PS Orangeco, Inc. and/or Shurgard TRS. Inc. will conduct sales(s) at Public Storage located at Woodbury Wooddale 08319: 2280 Wooddale Dr., Woodbury, MN 55125-2907. Notice is hereby given that the undersigned will sell at public auction on August 15, 2013 at 3:00 pm personal property including but not limited to furniture, clothing, tools and/or other household items. The name of the person(s) whose personal property is to be sold is as follows:
1008 – Westerlund, Darryl; 1021 – Studler, Sue; 2006 – Azure, Kandace; 2024 – Branson, Denese; 2046 – Evjen, Bruce; 3017 – Mandour, Mohamed; 4107 – Moen, Kaari; 4218 – Kenan, Hugo; 4236 – Dewanz, Elizabeth; 5081 – Cozad, Steve; 5216 – Cameron, Antoine; 5235 – Robinson, Nicole; 5342 – Jernagin, Dantarius.
(Jul. 25 & Aug. 1, 2013) S2-Woodbury08319-Aug15Auction
Certificate of Assumed Name
(Official Publication)
MINNESOTA SECRETARY OF STATE
CERTIFICATE OF ASSUMED NAME
Minnesota Statutes, Chapter 333

The filing of an assumed name does not provide a user with exclusive rights to that name. The filing is required for consumer protection in order to enable consumers to be able to identify the true owner of a business.
1. State the exact assumed name under which the business is or will be conducted: (one business name per application)
FOOT SOLUTIONS
2. State the address of the principal place of business. A complete street address or rural route and rural route box number is required; the address cannot be a P.O. Box.
7060 VALLEY CREEK PLAZA #113 WOODBURY MN 55125
3. List the name and complete street address of all persons conducting business under the above Assumed Name, OR if an entity, provide the legal corporate, LLC, or Limited Partnership name and registered office address.
FS MINNESOTA ONE LLC 7060 VALLEY CREEK PLAZA #113 WOODBURY MN 55125
4. I, the undersigned, certify that I am signing this document as the person whose signature is required, or as agent of the person(s) whose signature would be required who has authorized me to sign this document on his/her behalf, or in both capacities. I further certify that I have completed all required fields, and that the information in this document is true and correct and in compliance with the applicable chapter of Minnesota Statutes. I understand that by signing this document I am subject to the penalties of perjury as set forth in Section 609.48 as if I had signed this document under oath.

Filed: July 10, 2013
/s/ Tod Lowe, Owner

(Jul. 24 & 25, 2013) Foot Solutions
City of Stillwater
(Official Publication)
ADVERTISEMENT FOR BIDS
DOWNTOWN PARKING LOT IMPROVEMENT
STILLWATER, MINNESOTA
PROJECT 2012-06

Notice is hereby given that sealed bids will be received by the City of Stillwater until August 15th 2013 10:00 A.M. at Stillwater City Hall, at which time they will be publicly opened and read aloud for the furnishing of all labor and material for the DOWNTOWN PARKING LOT IMPROVEMENT with approximate quantities as follows:

7000 SY full depth bituminous reclaimation, 2300 TN bituminous, 4400 LF curb and gutter, 1600 CY Common Excavation

Bids shall be on the forms provided for that purpose and according to the Contract Documents prepared by the City of Stillwater, 216 N. Fourth St. Stillwater, MN 55082. Bid forms and Contract Documents are available at www.questCDN.com and may be seen at the office of the City Engineer. Paper copies of the bidding documents may be purchased for $100 by credit card by calling the Engineering Department at 651-430-8830, or by check made payable to the City of Stillwater. This amount is non-refundable.

Bid Security in the amount of 10% of the bid must accompany each bid in accord with the Instructions to Bidders. Bids shall be placed in an envelope and sealed therein. Envelope shall be addressed to the City of Stillwater, Minnesota and shall clearly indicate the Contractor’s name, address, the PROJECT NAME AND NUMBER.

The City reserves the right to reject any and all bids, to waive irregularities and informalities therein and to award the Contract in the best interest of the City.

Work will be awarded on the basis of the Lowest Total Bid for the work

Diane Ward
City Clerk
City of Stillwater

(Jul. 25, 2013) Project 2012-06
City of Bayport
(Official Publication)
Bayport – TIF 2-1 Croixdale – 2012 Annual Reporting Form
2012 Annual Disclosure Statement

1. Name of Development Authority: Bayport
2. Name of Municipality: Bayport
The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2012.
3. Name of the Newspaper: Stillwater Gazette, Date of Publication: 07/25/2013

TIF 2-1 Croixdale
4. Current net tax capacity $ 116,597
5. Original net tax capacity $ 76,117
6. Captured net tax capacity $ 40,480
7. Principal and interest payments due in 2013 $ 35,649
8. Tax increment received in 2012 $ 39,761
9. Tax increment expended in 2012 $ 35,335
10. Month and year of first tax increment receipt 07/2007
11. Date of required decertification 12/31/2032
12. The total increased property taxes to be
paid from outside the district if fiscal
disparities Option A applies* $ 0

(All lines within the table above must be published even if the amounts to be published are zero.)

* The fiscal disparities 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 increment financing district revenue depending on how the tax increment financing district is established.

Tax Increment Financing District TIF 2-1 Croixdale 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 this district may be obtained from:
13. Name: Wanda Madsen
14. Address: 294 N 3rd St
15. City: Bayport
16. State: MN
17. Zip Code: 55082
18. Phone: (651) 275-4404
19. Email: wmadsen@ci.bayport.mn.us

(Jul. 25, 2013) TIF 2-1 Croixdale

City of Bayport
(Official Publication)
Bayport – TIF Redev Dist 1 – 2012 Annual Reporting Form
2012 Annual Disclosure Statement

1. Name of Development Authority: Bayport
2. Name of Municipality: Bayport
The following information represents the annual disclosure of tax increment districts for the year ended December 31, 2012.
3. Name of the Newspaper: Stillwater Gazette, Date of Publication: 07/25/2013

TIF Redev Dist 1
4. Current net tax capacity $ 135,814
5. Original net tax capacity $ 28,946
6. Captured net tax capacity $ 106,868
7. Principal and interest payments due in 2013 $ 150,040
8. Tax increment received in 2012 $ 140,528
9. Tax increment expended in 2012 $ 155,685
10. Month and year of first tax increment receipt 06/1991
11. Date of required decertification 12/31/2016
12. The total increased property taxes to be
paid from outside the district if fiscal
disparities Option A applies* $ 31,112

(All lines within the table above must be published even if the amounts to be published are zero.)

* The fiscal disparities 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 increment financing district revenue depending on how the tax increment financing district is established.

Tax Increment Financing District TIF Redev Dist 1 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 $31,112.00.

Additional information regarding this district may be obtained from:
13. Name: Wanda Madsen
14. Address: 294 N 3rd St
15. City: Bayport
16. State: MN
17. Zip Code: 55082
18. Phone: (651) 275-4404
19. Email: wmadsen@ci.bayport.mn.us

(Jul. 25, 2013) TIF Redev Dist 1

Comments Closed

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