levy authority summary local government name: milford

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Levy Authority Summary Local Government Name: MILFORD Local Government Number: 30G274 Active Urban Renewal Areas U.R. # # of Tif Taxing Districts MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL 30005 10 MILFORD COUNTRY MEADOWS URBAN RENEWAL 30019 1 MILFORD PONDS AT HUNTER HILLS URBAN RENEWAL 30020 1 MILFORD MAYER SUBDIV URBAN RENEWAL 30021 1 MILFORD NATURES TRAILS URBAN RENEWAL 30029 1 MILFORD HUNTER HILLS URBAN RENEWAL 30031 1 MILFORD 2009 ADDITION URBAN RENEWAL 30032 3 TIF Debt Outstanding: 4,403,279 TIF Sp. Rev. Fund Cash Balance as of 07-01-2016: 77,722 0 Amount of 07-01-2016 Cash Balance Restricted for LMI TIF Revenue: 617,753 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 617,753 Rebate Expenditures: 303,128 Non-Rebate Expenditures: 304,359 Returned to County Treasurer: 0 Total Expenditures: 607,487 TIF Sp. Rev. Fund Cash Balance as of 06-30-2017: 87,988 0 Amount of 06-30-2017 Cash Balance Restricted for LMI Year-End Outstanding TIF Obligations, Net of TIF Special Revenue Fund Balance: 3,707,804 Annual Urban Renewal Report, Fiscal Year 2016 - 2017 Created: Wed Nov 15 15:21:16 CST 2017 Page 1 of 44

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Page 1: Levy Authority Summary Local Government Name: MILFORD

Levy Authority SummaryLocal Government Name: MILFORDLocal Government Number: 30G274

Active Urban Renewal Areas U.R.#

# of TifTaxing

DistrictsMILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL 30005 10MILFORD COUNTRY MEADOWS URBAN RENEWAL 30019 1MILFORD PONDS AT HUNTER HILLS URBAN RENEWAL 30020 1MILFORD MAYER SUBDIV URBAN RENEWAL 30021 1MILFORD NATURES TRAILS URBAN RENEWAL 30029 1MILFORD HUNTER HILLS URBAN RENEWAL 30031 1MILFORD 2009 ADDITION URBAN RENEWAL 30032 3

TIF Debt Outstanding: 4,403,279

TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 77,722 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 617,753TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 617,753

Rebate Expenditures: 303,128Non-Rebate Expenditures: 304,359Returned to County Treasurer: 0Total Expenditures: 607,487

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 87,988 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

Year-End Outstanding TIFObligations, Net of TIF SpecialRevenue Fund Balance: 3,707,804

Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 1 of 44

Page 2: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWALUR Area Number: 30005

UR Area Creation Date: 06/1989

UR Area Purpose:

This plan is intended to stablilize,revitalize and improve thecommunity by encouragingdevelopment and providing theopportunity for creating a vital,dynamic and competitiveeconomic development area for thepersons of Milford andsurrounding areas.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY AG/OKOBOJI SCH/SOUTH INDUSTRIAL PARK INCREM 30073 30074 0MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #2 INCREM 30083 30084 9,358,337MILFORD CITY/OKOBOJI SCH/UR TIF SOUTH INDUSTRIAL PARK INCRE 30147 30148 0MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #1 INCRE 30149 30150 0MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #3 INCRE 30151 30152 0MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #4 INCRE 30153 30154 0MILFORD CITY/OKOBOJI SCH/UR SAFARI CHILD CARE CENTER INCRE 30160 30161 133,600MILFORD CITY/OKOBOJI SCH/MCRPH TIF INCREM 30162 30163 97,300MILFORD CITY/OKOBOJI SCH/UR TIF BOULDERS INCREM 30170 30171 1,548,360MILFORD CITY/OKOBOJI SCH/UR TIF POLARIS INCREM 30172 30173 2,016,678

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 13,246,300 19,303,576 5,756,400 0 -27,780 38,972,496 0 38,972,496Taxable 0 7,368,375 17,373,219 5,180,760 0 -27,780 30,493,150 0 30,493,150Homestead Credits 80TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 65,722 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 295,899TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 295,899

Rebate Expenditures: 86,078Non-Rebate Expenditures: 197,250Returned to County Treasurer: 0Total Expenditures: 283,328

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 78,293 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 2 of 44

Page 3: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL

Boulders Inn & Suites

Description: HotelClassification: Commercial - hotels and conference centersPhysically Complete: YesPayments Complete: No

Creative Photography Studio

Description: Photography StudioClassification: Commercial - office propertiesPhysically Complete: YesPayments Complete: No

Safari Childcare Center

Description: Child Care Center Building RehabilitationClassification: Commercial - office propertiesPhysically Complete: YesPayments Complete: No

Highway 71 Sidewalk and Street Lighting Improvements

Description: New Street Lighting and Sidewalk ImprovementsClassification: Roads, Bridges & UtilitiesPhysically Complete: YesPayments Complete: No

Polaris Industries

Description: Manufacturing ExpansionClassification: Industrial/manufacturing propertyPhysically Complete: YesPayments Complete: No

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 3 of 44

Page 4: Levy Authority Summary Local Government Name: MILFORD

Debts/Obligations For MILFORD SOUTH INDUSTRIAL PARK URBANRENEWAL

Safari Childcare TIF Rebate

Debt/Obligation Type: RebatesPrincipal: 8,809Interest: 0Total: 8,809Annual Appropriation?: YesDate Incurred: 09/27/2010FY of Last Payment: 2022

Creative Photography

Debt/Obligation Type: RebatesPrincipal: 54,153Interest: 0Total: 54,153Annual Appropriation?: YesDate Incurred: 04/11/2011FY of Last Payment: 2022

Boulders Inn & Suites

Debt/Obligation Type: RebatesPrincipal: 365,451Interest: 0Total: 365,451Annual Appropriation?: YesDate Incurred: 10/10/2011FY of Last Payment: 2023

Polaris Industries

Debt/Obligation Type: RebatesPrincipal: 905,919Interest: 0Total: 905,919Annual Appropriation?: YesDate Incurred: 11/12/2012FY of Last Payment: 2023

2013 GO Refunding Bond

Debt/Obligation Type: Gen. Obligation Bonds/NotesPrincipal: 850,000Interest: 21,556Total: 871,556Annual Appropriation?: No

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 4 of 44

Page 5: Levy Authority Summary Local Government Name: MILFORD

Date Incurred: 04/26/2013FY of Last Payment: 2020

Created: Wed Nov 15 15:21:16 CST 2017Page 5 of 44

Page 6: Levy Authority Summary Local Government Name: MILFORD

Tied To Debt:Tied To Project:

Non-Rebates For MILFORD SOUTH INDUSTRIAL PARK URBANRENEWAL

TIF Expenditure Amount: 197,2502013 GO Refunding BondHighway 71 Sidewalk and StreetLighting Improvements

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 6 of 44

Page 7: Levy Authority Summary Local Government Name: MILFORD

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebates For MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL

403 P Avenue

TIF Expenditure Amount: 3,009Safari Childcare CenterSafari Childcare TIF RebateSafari Childcare Center2022

610 Okoboji Ave

TIF Expenditure Amount: 2,192Creative PhotographyCreative PhotographyCreative Photography Studio2022

Highway 71 North

TIF Expenditure Amount: 35,455Boulders Inn & SuitesBoulders Inn & SuitesBoulders Inn & Suites2023

Highway 71 South

TIF Expenditure Amount: 45,422Polaris IndustriesPolaris IndustriesPolaris Industries2023

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 7 of 44

Page 8: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY AG/OKOBOJI SCH/SOUTH INDUSTRIAL PARK INCREMTIF Taxing District Inc. Number: 30074TIF Taxing District Base Year: 1995FY TIF Revenue First Received: 1999Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2019

UR DesignationSlum NoBlighted NoEconomic Development 09/1997

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 127,900 0 0 0 0

FY 2017 TIF Revenue Received: 0

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #2 INCREMTIF Taxing District Inc. Number: 30084TIF Taxing District Base Year: 1988FY TIF Revenue First Received: 1998Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2018

UR DesignationSlum NoBlighted NoEconomic Development 06/1996

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 13,246,300 17,247,676 2,494,400 0 -27,780 33,654,596 0 33,654,596Taxable 0 7,368,375 15,522,909 2,244,960 0 -27,780 25,707,040 0 25,707,040Homestead Credits 80

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 12,964,700 20,717,676 9,358,337 11,359,339 255,845

FY 2017 TIF Revenue Received: 209,821

Created: Wed Nov 15 15:21:16 CST 2017Page 8 of 44

Page 9: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR TIF SOUTH INDUSTRIAL PARK INCRETIF Taxing District Inc. Number: 30148TIF Taxing District Base Year: 1988FY TIF Revenue First Received: 1990Subject to a Statutory end date? No

UR DesignationSlum NoBlighted NoEconomic Development 06/1989

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 1,235,334 0 0 0 0

FY 2017 TIF Revenue Received: 0

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #1 INCRETIF Taxing District Inc. Number: 30150TIF Taxing District Base Year: 1989FY TIF Revenue First Received: 1992Subject to a Statutory end date? No

UR DesignationSlum NoBlighted NoEconomic Development 07/1990

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 63,900 0 0 0 0

FY 2017 TIF Revenue Received: 0

Created: Wed Nov 15 15:21:16 CST 2017Page 9 of 44

Page 10: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #3 INCRETIF Taxing District Inc. Number: 30152TIF Taxing District Base Year: 1996FY TIF Revenue First Received: 1999Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2019

UR DesignationSlum NoBlighted NoEconomic Development 09/1997

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 62,500 0 0 0 0

FY 2017 TIF Revenue Received: 0

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR SOUTH INDUSTRIAL PARK #4 INCRETIF Taxing District Inc. Number: 30154TIF Taxing District Base Year: 1999FY TIF Revenue First Received: 2002Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 07/2000

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 36,500 0 0 0 0

FY 2017 TIF Revenue Received: 0

Created: Wed Nov 15 15:21:16 CST 2017Page 10 of 44

Page 11: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR SAFARI CHILD CARE CENTER INCRETIF Taxing District Inc. Number: 30161TIF Taxing District Base Year: 2009FY TIF Revenue First Received: 2012Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 09/2010

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 194,500 0 0 0 194,500 0 194,500Taxable 0 0 175,050 0 0 0 175,050 0 175,050Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 60,900 133,600 133,600 0 0

FY 2017 TIF Revenue Received: 3,009

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/MCRPH TIF INCREMTIF Taxing District Inc. Number: 30163TIF Taxing District Base Year: 2010FY TIF Revenue First Received: 2012Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 04/2011

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 141,000 0 0 0 141,000 0 141,000Taxable 0 0 126,900 0 0 0 126,900 0 126,900Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 43,700 97,300 97,300 0 0

FY 2017 TIF Revenue Received: 2,192

Created: Wed Nov 15 15:21:16 CST 2017Page 11 of 44

Page 12: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR TIF BOULDERS INCREMTIF Taxing District Inc. Number: 30171TIF Taxing District Base Year: 2011FY TIF Revenue First Received: 2013Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2023

UR DesignationSlum NoBlighted NoEconomic Development 10/2011

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 1,720,400 0 0 0 1,720,400 0 1,720,400Taxable 0 0 1,548,360 0 0 0 1,548,360 0 1,548,360Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 146,200 1,548,360 1,548,360 0 0

FY 2017 TIF Revenue Received: 35,455

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD SOUTH INDUSTRIAL PARK URBAN RENEWAL (30005)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR TIF POLARIS INCREMTIF Taxing District Inc. Number: 30173TIF Taxing District Base Year: 2011FY TIF Revenue First Received: 2013Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2023

UR DesignationSlum NoBlighted NoEconomic Development 11/2012

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 3,262,000 0 0 3,262,000 0 3,262,000Taxable 0 0 0 2,935,800 0 0 2,935,800 0 2,935,800Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 1,245,322 2,016,678 2,016,678 0 0

FY 2017 TIF Revenue Received: 45,422

Created: Wed Nov 15 15:21:16 CST 2017Page 12 of 44

Page 13: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD COUNTRY MEADOWS URBAN RENEWALUR Area Number: 30019

UR Area Creation Date: 09/2003

UR Area Purpose:

To facilitate use of Tax IncrementFinancing the installation of publicinfrastructure such as streets,curband gutter, street lighting, sanitarysewer lines, water mains, stormsewer lines, and sidewalks for aresidential subdivision.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/COUNTRY MEADOWS UR INCREM 30121 30122 0

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 0TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 0

Rebate Expenditures: 0Non-Rebate Expenditures: 0Returned to County Treasurer: 0Total Expenditures: 0

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 13 of 44

Page 14: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD COUNTRY MEADOWS URBAN RENEWAL

Country Meadows Subdivision

Description: Residential SubdivisionClassification: Residential property (classified residential)Physically Complete: YesPayments Complete: Yes

♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 14 of 44

Page 15: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD COUNTRY MEADOWS URBAN RENEWAL (30019)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/COUNTRY MEADOWS UR INCREMTIF Taxing District Inc. Number: 30122TIF Taxing District Base Year: 2003FY TIF Revenue First Received: 2006Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2016

UR DesignationSlum NoBlighted NoEconomic Development 09/2003

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 36,000 0 0 0 0

FY 2017 TIF Revenue Received: 0

♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 15 of 44

Page 16: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD PONDS AT HUNTER HILLS URBAN RENEWALUR Area Number: 30020

UR Area Creation Date: 06/2004

UR Area Purpose:

To facilitate use of Tax IncrementFinancing the installation of publicinfrastructure such as streets,curband gutter, street lighting, sanitarysewer lines, water mains, stormsewer lines, and sidewalks for aresidential subdivision.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/PONDS AT HUNTER HILLS UR INCREM 30123 30124 4,875,918

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 8,782,200 0 0 0 -9,260 8,772,940 0 8,772,940Taxable 0 4,885,178 0 0 0 -9,260 4,875,918 0 4,875,918Homestead Credits 21TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 109,826TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 109,826

Rebate Expenditures: 69,190Non-Rebate Expenditures: 40,531Returned to County Treasurer: 0Total Expenditures: 109,721

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 105 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 16 of 44

Page 17: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD PONDS AT HUNTER HILLS URBAN RENEWAL

Ponds @ Hunter Hills Phase I

Description: Residential SubdivisionClassification: Residential property (classified residential)Physically Complete: YesPayments Complete: No

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 17 of 44

Page 18: Levy Authority Summary Local Government Name: MILFORD

Debts/Obligations For MILFORD PONDS AT HUNTER HILLS URBANRENEWAL

Ponds @ Hunter Hills Phase I Residential Subdivision

Debt/Obligation Type: RebatesPrincipal: 379,926Interest: 0Total: 379,926Annual Appropriation?: NoDate Incurred: 11/28/2005FY of Last Payment: 2022

LMI Requirement

Debt/Obligation Type:Outstanding LMI HousingObligations

Principal: 222,530Interest: 0Total: 222,530Annual Appropriation?: NoDate Incurred: 11/28/2005FY of Last Payment: 2022

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 18 of 44

Page 19: Levy Authority Summary Local Government Name: MILFORD

Tied To Debt:Tied To Project:

Non-Rebates For MILFORD PONDS AT HUNTER HILLS URBANRENEWAL

TIF Expenditure Amount: 40,531LMI RequirementPonds @ Hunter Hills Phase I

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 19 of 44

Page 20: Levy Authority Summary Local Government Name: MILFORD

Rebate Paid To:Tied To Debt:

Tied To Project:Projected Final FY of Rebate:

Rebates For MILFORD PONDS AT HUNTER HILLS URBAN RENEWAL

Ponds @ Hunter Hills Residential Subdivision

TIF Expenditure Amount: 69,190D & W DevelopmentPonds @ Hunter Hills Phase IResidential SubdivisionPonds @ Hunter Hills Phase I2022

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 20 of 44

Page 21: Levy Authority Summary Local Government Name: MILFORD

Income Housing For MILFORD PONDS AT HUNTER HILLS URBANRENEWAL

Amount of FY 2017 expenditures that provide or aid in the provision of public improvements related tohousing and residential development: 40,531

Lots for low and moderate income housing: 0Construction of low and moderate income housing: 0Grants, credits or other direct assistance to low and moderate income families: 0Payments to a low and moderate income housing fund established by the municipality, includingmatching funds for any state or federal moneys used for such purposes: 40,531

Other low and moderate income housing assistance: 0

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

Created: Wed Nov 15 15:21:16 CST 2017Page 21 of 44

Page 22: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD PONDS AT HUNTER HILLS URBAN RENEWAL (30020)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/PONDS AT HUNTER HILLS UR INCREMTIF Taxing District Inc. Number: 30124TIF Taxing District Base Year: 2004FY TIF Revenue First Received: 2007Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 06/2004

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 8,782,200 0 0 0 -9,260 8,772,940 0 8,772,940Taxable 0 4,885,178 0 0 0 -9,260 4,875,918 0 4,875,918Homestead Credits 21

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 9,800 4,875,918 4,875,918 0 0

FY 2017 TIF Revenue Received: 109,826

▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

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Page 23: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD MAYER SUBDIV URBAN RENEWALUR Area Number: 30021

UR Area Creation Date: 03/2005

UR Area Purpose:

To facilitate use of Tax IncrementFinancing the installation of publicinfrastructure such as streets,curband gutter, street lighting, sanitarysewer lines, water mains, stormsewer lines, and sidewalks for aresidential subdivision.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/MAYER SUBDIV UR INCREM 30125 30126 1,252,363

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 2,251,400 0 0 0 0 2,251,400 0 2,251,400Taxable 0 1,252,363 0 0 0 0 1,252,363 0 1,252,363Homestead Credits 3TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 28,206TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 28,206

Rebate Expenditures: 17,770Non-Rebate Expenditures: 10,436Returned to County Treasurer: 0Total Expenditures: 28,206

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

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Page 24: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD MAYER SUBDIV URBAN RENEWAL

Mayer Subdivision

Description: Residential SubdivisionClassification: Residential property (classified residential)Physically Complete: YesPayments Complete: No

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Page 25: Levy Authority Summary Local Government Name: MILFORD

Debts/Obligations For MILFORD MAYER SUBDIV URBAN RENEWAL

Mayer Subdivision

Debt/Obligation Type: RebatesPrincipal: 76,055Interest: 0Total: 76,055Annual Appropriation?: NoDate Incurred: 11/28/2005FY of Last Payment: 2022

LMI Requirement

Debt/Obligation Type: Other DebtPrincipal: 44,672Interest: 0Total: 44,672Annual Appropriation?: NoDate Incurred: 11/28/2005FY of Last Payment: 2022

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Page 26: Levy Authority Summary Local Government Name: MILFORD

Tied To Debt:Tied To Project:

Non-Rebates For MILFORD MAYER SUBDIV URBAN RENEWAL

TIF Expenditure Amount: 10,436LMI RequirementMayer Subdivision

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Page 27: Levy Authority Summary Local Government Name: MILFORD

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebates For MILFORD MAYER SUBDIV URBAN RENEWAL

Mayer Residential Subdivision

TIF Expenditure Amount: 17,770Bob MayerMayer SubdivisionMayer Subdivision2022

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Page 28: Levy Authority Summary Local Government Name: MILFORD

Income Housing For MILFORD MAYER SUBDIV URBAN RENEWAL

Amount of FY 2017 expenditures that provide or aid in the provision of public improvements related tohousing and residential development: 10,436

Lots for low and moderate income housing: 0Construction of low and moderate income housing: 0Grants, credits or other direct assistance to low and moderate income families: 0Payments to a low and moderate income housing fund established by the municipality, includingmatching funds for any state or federal moneys used for such purposes: 10,436

Other low and moderate income housing assistance: 0

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Page 29: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD MAYER SUBDIV URBAN RENEWAL (30021)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/MAYER SUBDIV UR INCREMTIF Taxing District Inc. Number: 30126TIF Taxing District Base Year: 2004FY TIF Revenue First Received: 2007Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 03/2005

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 2,251,400 0 0 0 0 2,251,400 0 2,251,400Taxable 0 1,252,363 0 0 0 0 1,252,363 0 1,252,363Homestead Credits 3

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 39,000 1,252,363 1,252,363 0 0

FY 2017 TIF Revenue Received: 28,206

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Page 30: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD NATURES TRAILS URBAN RENEWALUR Area Number: 30029

UR Area Creation Date: 06/2004

UR Area Purpose:

To stablilze, revitalize and improvethe community by encouragingnew housing development andprovide the opportunity forcreating vital, dynamic, andcompetitive housing for persons ofthe City of Milford and DickinsonCounty, Iowa.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/UR TIF NATURE`S TRAILS INCRE 30139 30140 8,122,998

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 14,616,200 0 0 0 -7,408 14,608,792 0 14,608,792Taxable 0 8,130,406 0 0 0 -7,408 8,122,998 0 8,122,998Homestead Credits 33TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 183,822TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 183,822

Rebate Expenditures: 118,090Non-Rebate Expenditures: 56,142Returned to County Treasurer: 0Total Expenditures: 174,232

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 9,590 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

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Page 31: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD NATURES TRAILS URBAN RENEWAL

Nature Trails Subdivision Development

Description: Residential SubdivisionClassification: Residential property (classified residential)Physically Complete: YesPayments Complete: No

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Page 32: Levy Authority Summary Local Government Name: MILFORD

Debts/Obligations For MILFORD NATURES TRAILS URBAN RENEWAL

Nature Trails Residential Subdivision

Debt/Obligation Type: RebatesPrincipal: 811,237Interest: 0Total: 811,237Annual Appropriation?: NoDate Incurred: 01/08/2007FY of Last Payment: 2022

LMI Requirement

Debt/Obligation Type:Outstanding LMI HousingObligations

Principal: 390,102Interest: 0Total: 390,102Annual Appropriation?: NoDate Incurred: 01/08/2007FY of Last Payment: 2022

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Page 33: Levy Authority Summary Local Government Name: MILFORD

Tied To Debt:Tied To Project:

Non-Rebates For MILFORD NATURES TRAILS URBAN RENEWAL

TIF Expenditure Amount: 56,142LMI RequirementNature Trails SubdivisionDevelopment

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Page 34: Levy Authority Summary Local Government Name: MILFORD

Rebate Paid To:

Tied To Debt:

Tied To Project:

Projected Final FY of Rebate:

Rebates For MILFORD NATURES TRAILS URBAN RENEWAL

Nature Trails Residential Subdivision

TIF Expenditure Amount: 118,090Eastview Inc & United CommunityBankNature Trails ResidentialSubdivisionNature Trails SubdivisionDevelopment2022

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Page 35: Levy Authority Summary Local Government Name: MILFORD

Income Housing For MILFORD NATURES TRAILS URBAN RENEWAL

Amount of FY 2017 expenditures that provide or aid in the provision of public improvements related tohousing and residential development: 56,142

Lots for low and moderate income housing: 0Construction of low and moderate income housing: 0Grants, credits or other direct assistance to low and moderate income families: 0Payments to a low and moderate income housing fund established by the municipality, includingmatching funds for any state or federal moneys used for such purposes: 56,142

Other low and moderate income housing assistance: 0

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Page 36: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD NATURES TRAILS URBAN RENEWAL (30029)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR TIF NATURE`S TRAILS INCRETIF Taxing District Inc. Number: 30140TIF Taxing District Base Year: 2004FY TIF Revenue First Received: 2007Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2022

UR DesignationSlum NoBlighted NoEconomic Development 06/2004

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 14,616,200 0 0 0 -7,408 14,608,792 0 14,608,792Taxable 0 8,130,406 0 0 0 -7,408 8,122,998 0 8,122,998Homestead Credits 33

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 37,000 8,122,998 8,122,998 0 0

FY 2017 TIF Revenue Received: 183,822

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Page 37: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD HUNTER HILLS URBAN RENEWALUR Area Number: 30031

UR Area Creation Date: 09/1997

UR Area Purpose:

Designate the areea being added asan economic development area thatis appropriate for the promotion ofresidential and industrialdevelopment.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/UR TIF HUNTER HILLS INCRE 30145 30146 0

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 0TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 0

Rebate Expenditures: 0Non-Rebate Expenditures: 0Returned to County Treasurer: 0Total Expenditures: 0

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

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Page 38: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD HUNTER HILLS URBAN RENEWAL (30031)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR TIF HUNTER HILLS INCRETIF Taxing District Inc. Number: 30146TIF Taxing District Base Year: 1997FY TIF Revenue First Received: 1999Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2014

UR DesignationSlum NoBlighted NoEconomic Development 09/1997

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 0 0 0Taxable 0 0 0 0 0 0 0 0 0Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 5,700 0 0 0 0

FY 2017 TIF Revenue Received: 0

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Page 39: Levy Authority Summary Local Government Name: MILFORD

Urban Renewal Area Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD 2009 ADDITION URBAN RENEWALUR Area Number: 30032

UR Area Creation Date: 12/2009

UR Area Purpose:

Expand the the Milford UrbanRenewal Area to facilitate the useof tax increment financing insupport of new commercialdevelopment, including retail,water park, restaurant, office andnursing/assisted living facilitiesand related public infrastructure.

Tax Districts within this Urban Renewal Area BaseNo.

IncrementNo.

IncrementValueUsed

MILFORD CITY/OKOBOJI SCH/UR 2009 ADDITION INCRE 30158 30159 0MILFORD CITY/OKOBOJI SCH/HAWKEYE CARE CENTER TIF INCREM 30164 30165 0MILFORD CITY/OKOBOJI SCH/MVEST TIF INCREM 30166 30167 0

Urban Renewal Area Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 6,081,100 0 0 0 9,127,400 0 9,127,400Taxable 0 0 5,472,990 0 0 0 8,100,424 0 8,100,424Homestead Credits 0TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 12,000 0

Amount of 07-01-2016 Cash BalanceRestricted for LMI

TIF Revenue: 0TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 0

Rebate Expenditures: 12,000Non-Rebate Expenditures: 0Returned to County Treasurer: 0Total Expenditures: 12,000

TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0

Amount of 06-30-2017 Cash BalanceRestricted for LMI

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Page 40: Levy Authority Summary Local Government Name: MILFORD

Projects For MILFORD 2009 ADDITION URBAN RENEWAL

Hawkeye Care Center

Description: Assisted Living Addition to Milford Nursing Center

Classification:Commercial - apartment/condos (residential use, classifiedcommercial)

Physically Complete: YesPayments Complete: No

E & F Investments

Description: Office BuildingClassification: Commercial - office propertiesPhysically Complete: YesPayments Complete: No

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Page 41: Levy Authority Summary Local Government Name: MILFORD

Debts/Obligations For MILFORD 2009 ADDITION URBAN RENEWAL

Hawkeye Care Centers

Debt/Obligation Type: RebatesPrincipal: 212,869Interest: 0Total: 212,869Annual Appropriation?: YesDate Incurred: 04/26/2010FY of Last Payment: 2022

E & F Investments

Debt/Obligation Type: RebatesPrincipal: 60,000Interest: 0Total: 60,000Annual Appropriation?: YesDate Incurred: 07/26/2010FY of Last Payment: 2022

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Page 42: Levy Authority Summary Local Government Name: MILFORD

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebate Paid To:Tied To Debt:Tied To Project:Projected Final FY of Rebate:

Rebates For MILFORD 2009 ADDITION URBAN RENEWAL

1701 Okoboji Ave

TIF Expenditure Amount: 12,000E & F InvestmentsE & F InvestmentsE & F Investments2022

1600 13th St.

TIF Expenditure Amount: 0Hawkeye Care CentersHawkeye Care CentersHawkeye Care Center2022

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Page 43: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD 2009 ADDITION URBAN RENEWAL (30032)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/UR 2009 ADDITION INCRETIF Taxing District Inc. Number: 30159TIF Taxing District Base Year: 2009FY TIF Revenue First Received: 2012Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2032

UR DesignationSlum NoBlighted NoEconomic Development 12/2009

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 5,720,900 0 0 0 5,720,900 0 5,720,900Taxable 0 0 5,148,810 0 0 0 5,148,810 0 5,148,810Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 5,723,200 0 0 0 0

FY 2017 TIF Revenue Received: 0

♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD 2009 ADDITION URBAN RENEWAL (30032)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/HAWKEYE CARE CENTER TIF INCREMTIF Taxing District Inc. Number: 30165TIF Taxing District Base Year: 2010FY TIF Revenue First Received: 2012Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2032

UR DesignationSlum NoBlighted NoEconomic Development 12/2009

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 0 0 0 0 3,046,300 0 3,046,300Taxable 0 0 0 0 0 0 2,627,434 0 2,627,434Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 3,303,100 0 0 0 0

FY 2017 TIF Revenue Received: 0

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Page 44: Levy Authority Summary Local Government Name: MILFORD

TIF Taxing District Data CollectionLocal Government Name: MILFORD (30G274)Urban Renewal Area: MILFORD 2009 ADDITION URBAN RENEWAL (30032)TIF Taxing District Name: MILFORD CITY/OKOBOJI SCH/MVEST TIF INCREMTIF Taxing District Inc. Number: 30167TIF Taxing District Base Year: 2010FY TIF Revenue First Received: 2015Subject to a Statutory end date? YesFiscal year this TIF Taxing Districtstatutorily ends: 2021

UR DesignationSlum NoBlighted NoEconomic Development 07/2010

TIF Taxing District Value by Class - 1/1/2015 for FY 2017Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total

Assessed 0 0 360,200 0 0 0 360,200 0 360,200Taxable 0 0 324,180 0 0 0 324,180 0 324,180Homestead Credits 0

Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not UsedFiscal Year 2017 426,200 0 0 0 0

FY 2017 TIF Revenue Received: 0

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