CITY OF RICE, MINNESOTA Annual

CITY OF RICE, MINNESOTA
Annual Disclosure of Tax Increment Districts for the Year Ended December 31, 2013

Name of TIF District TIF 1-4 TIF 1-8 Roach
Industrial Park Rental

Current net tax capacity – 539
Original net tax capacity – 231
Captured net tax capacity – 308
Principal and interest payment – –
due in 2014
Tax increment received in 2013 – 451
Tax increment expended in 2013 55,545 4,476
First tax increment receipt July, 2002 July, 2013
Date of required Dec. 31, 2010 Dec. 31, 2038
decertification
Additional information regarding each district may be obtained from:
Marie Weinand, Clerk
City of Rice
PO Box 179
Rice, MN 56367
Phone: 320-393-2280

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