CITY OF WOODBURYANNUAL DISCLOSURE OF TAX INCREMENT DISTRICTS

City of Woodbury, Minnesota

Annual Disclosure of Tax Increment Districts for the Year

Ended December 31, 2011

TIF District 1-13TIF District 1-14

SummerhouseWooddale

of WoodburyBusiness Center

Current net tax capacity $84,811 $100,750

Original net tax capacity $1,583 $4,742

Captured net tax capacity $83,228 $96,008

Principal and interest payments due in 2012 $82,312 $81,768

Tax increment received in 2011 $89,265 $91,546

Tax increment expended in 2011 $75,906 $82,149

Month and year of first tax increment receiptJuly 2001July 2006

Date of required decertification12/31/202412/31/2014

Additional information regarding each district may be obtained from

Tim Johnson, Finance Director, 8301 Valley Creek Road, Woodbury, MN 55125 or telephone number (651) 714-3502.

7/18/2012

Tags: public notices, general legals