S T A T E O F M I N N E S O T A D E P A R T M E N T O F R E V E N U E T A X I N C R E M E N T F I N A N C I N G D I S T R I C T S U P P L E M E N T T A X E S T O B E C O M E P A Y A B L E I N T H E Y E A R 2011 ST LOUIS COUNTY

PROGRAM: PRTTIFS 2011 TAX INCREMENT FINANCING DISTRICT TAX LISTS SUPPLEMENT PAGE: 1 COUNTY OF: ST LOUIS COUNTY DATE: 4/17/11 69 0900 2711 00 992 052 CITY/TOWN: CITY OF BIWABIK TIME: 20:00:41 70 TIF DISTRICT NAME . . . . . .BIWABIK INCREMENT DIST 1-1 295 TIF PERCENTAGE . . . . . . . . . . . . . . . 100.000 80 DISTRICT TYPE . . . . . . . . . . . . . . . R 90 DISTRICT AUTHORITY . . . . . . . . . . . . . 3 TAXES AND CREDITS: 100 ORIGINAL CERTIFICATION REQUEST DATE . . . . 10/26/1993 300 TAX BEFORE CREDITS . . . . . . . . . . . . . 9,266 102 ACTUAL CERTIFICATION DATE . . . . . . . . . 10/26/1993 310 ADJUST FOR PRIOR YEARS - MV CREDITS . . . . 110 REQUIRED DECERTIFICATION DATE . . . . . . . 0/00/0000 315 ADJUST FOR PRIOR YEARS - OTHER CREDITS . . . 120 DISTRICT TREASURER: NAME . . . . PAMELA J. BERTS 320 CURR YR AMTS: DISPARITY REDUCTION . . . . . 130 ST ADDRESS . PO BOX 529 330 DISASTER . . . . . . . . . . . 345 TACONITE . . . . . . . . . . . 140 CITY/TOWN NAME . . . . . BIWABIK, MN 346 RESIDENTAIL HOMESTEAD . . . . 160 ZIP CODE . . . . . . . . 55708-0000 347 AGRICULTURAL HOMESTEAD . . . . 170 TELEPHONE NUMBER . . . . (218)865-4183 350 **NET TAX** . . . . . . . . . . . . . . . . 9,266 180 NUMBER OF PARCELS: ORIGINAL YEAR . . . . . . 5 190 CURRENT YEAR . . . . . . 8 RATE ADJUSTMENT TAXES: 200 ORIGINAL TOTAL LOCAL TAX RATE . . . . . . . 188.365 360 COUNTY . . . . . . . . . . . . . . . . . . . 205 OPTION TO UNCAP ORIG TOTAL LOCAL TAX RATE . N 362 CITY/TOWN . . . . . . . . . . . . . . . . . 364 SCHOOL . . . . . . . . . . . . . . . . . . . DISTRICT EXPANSION INFORMATION: 366 SPECIAL TAXING DISTRICTS . . . . . . . . . . 210 CERT. REQ. DATE OF MOST RECENT DISTRICT EXP 0/00/0000 370 TOTAL RATE ADJUSTMENT TAXES . . . . . . . . 212 ACTUAL CERT. DATE OF MOST RECENT DIST. EXP. 0/00/0000 220 CURRENT NTC OF ALL EXPANDED PARCELS . . . . EXCESS TAX INCREMENT TAX ES: 380 COUNTY . . . . . . . . . . . . . . . . . . NET TAX CAPACITY (NTC) VALUES: 385 CITY/TOWN . . . . . . . . . . . . . . . . 230 ORIGINAL NTC . . . . . . . . . . . . . . . . 390 SCHOOL . . . . . . . . . . . . . . . . . . 240 CURRENT NTC . . . . . . . . . . . . . . . . 5,557 395 **TOTAL EXCESS TAX INCREMENT TAXES** . . . . 250 **NTC CHANGE** . . . . . . . . . . . . . . . 5,557 400 SPECIAL TIF TAXES . . . . . . . . . . . . . 260 FISCAL DISPARITY NTC DEDUCTION . . . . . . . 410 PRIOR CY DISTRIBUTION OF INCREMENTS. . . . . 7,044 270 SHARED NTC . . . . . . . . . . . . . . . . . 420 PRIOR CY RETURNED INCREMENTS . . . . . . . . 280 PRIOR YEAR NTC ADJUSTMENT . . . . . . . . . 290 **RETAINED CAPTURED NTC** . . . . . . . . . 5,557 69 0900 2711 00 992 069 CITY/TOWN: CITY OF BIWABIK 70 TIF DISTRICT NAME . . . . . .BIWABIK TAX INCREMENT DISTRICT #1-4 295 TIF PERCENTAGE . . . . . . . . . . . . . . . 77.458 80 DISTRICT TYPE . . . . . . . . . . . . . . . R 90 DISTRICT AUTHORITY . . . . . . . . . . . . . 3 TAXES AND CREDITS: 100 ORIGINAL CERTIFICATION REQUEST DATE . . . . 1/10/1997 300 TAX BEFORE CREDITS . . . . . . . . . . . . . 3,914 102 ACTUAL CERTIFICATION DATE . . . . . . . . . 6/30/1997 310 ADJUST FOR PRIOR YEARS - MV CREDITS . . . . 110 REQUIRED DECERTIFICATION DATE . . . . . . . 0/00/0000 315 ADJUST FOR PRIOR YEARS - OTHER CREDITS . . . 120 DISTRICT TREASURER: NAME . . . . PAMELA J. BERTS 320 CURR YR AMTS: DISPARITY REDUCTION . . . . . 130 ST ADDRESS . PO BOX 529 330 DISASTER . . . . . . . . . . . 345 TACONITE . . . . . . . . . . . 140 CITY/TOWN NAME . . . . . BIWABIK, MN 346 RESIDENTAIL HOMESTEAD . . . . 160 ZIP CODE . . . . . . . . 5-5708 347 AGRICULTURAL HOMESTEAD . . . . 170 TELEPHONE NUMBER . . . . (218)865-4183 350 **NET TAX** . . . . . . . . . . . . . . . . 3,914 180 NUMBER OF PARCELS: ORIGINAL YEAR . . . . . . 2 190 CURRENT YEAR . . . . . . 2 RATE ADJUSTMENT TAXES: 200 ORIGINAL TOTAL LOCAL TAX RATE . . . . . . . 185.743 360 COUNTY . . . . . . . . . . . . . . . . . . . 205 OPTION TO UNCAP ORIG TOTAL LOCAL TAX RATE . N 362 CITY/TOWN . . . . . . . . . . . . . . . . . 364 SCHOOL . . . . . . . . . . . . . . . . . . . DISTRICT EXPANSION INFORMATION: 366 SPECIAL TAXING DISTRICTS . . . . . . . . . . 210 CERT. REQ. DATE OF MOST RECENT DISTRICT EXP 0/00/0000 370 TOTAL RATE ADJUSTMENT TAXES . . . . . . . . 212 ACTUAL CERT. DATE OF MOST RECENT DIST. EXP. 0/00/0000 220 CURRENT NTC OF ALL EXPANDED PARCELS . . . . EXCESS TAX INCREMENT TAX ES: 380 COUNTY . . . . . . . . . . . . . . . . . . NET TAX CAPACITY (NTC) VALUES: 385 CITY/TOWN . . . . . . . . . . . . . . . . 230 ORIGINAL NTC . . . . . . . . . . . . . . . . 683 390 SCHOOL . . . . . . . . . . . . . . . . . . 240 CURRENT NTC . . . . . . . . . . . . . . . . 3,030 395 **TOTAL EXCESS TAX INCREMENT TAXES** . . . . 250 **NTC CHANGE** . . . . . . . . . . . . . . . 2,347 400 SPECIAL TIF TAXES . . . . . . . . . . . . . 260 FISCAL DISPARITY NTC DEDUCTION . . . . . . . 410 PRIOR CY DISTRIBUTION OF INCREMENTS. . . . . 2,700 270 SHARED NTC . . . . . . . . . . . . . . . . . 420 PRIOR CY RETURNED INCREMENTS . . . . . . . . 280 PRIOR YEAR NTC ADJUSTMENT . . . . . . . . . 290 **RETAINED CAPTURED NTC** . . . . . . . . . 2,347

PROGRAM: PRTTIFS 2011 TAX INCREMENT FINANCING DISTRICT TAX LISTS SUPPLEMENT PAGE: 2 COUNTY OF: ST LOUIS COUNTY DATE: 4/17/11 69 0900 9999 99 000 000 CITY/TOWN: CITY OF BIWABIK TIME: 20:00:41 70 TIF DISTRICT NAME . . . . . . 295 TIF PERCENTAGE . . . . . . . . . . . . . . . .000 80 DISTRICT TYPE . . . . . . . . . . . . . . . 90 DISTRICT AUTHORITY . . . . . . . . . . . . . TAXES AND CREDITS: 100 ORIGINAL CERTIFICATION REQUEST DATE . . . . 0/00/0000 300 TAX BEFORE CREDITS . . . . . . . . . . . . . 13,180 102 ACTUAL CERTIFICATION DATE . . . . . . . . . 0/00/0000 310 ADJUST FOR PRIOR YEARS - MV CREDITS . . . . 110 REQUIRED DECERTIFICATION DATE . . . . . . . 0/00/0000 315 ADJUST FOR PRIOR YEARS - OTHER CREDITS . . . 120 DISTRICT TREASURER: NAME . . . . 320 CURR YR AMTS: DISPARITY REDUCTION . . . . . 130 ST ADDRESS . 330 DISASTER . . . . . . . . . . . 345 TACONITE . . . . . . . . . . . 140 CITY/TOWN NAME . . . . . 346 RESIDENTAIL HOMESTEAD . . . . 160 ZIP CODE . . . . . . . . 347 AGRICULTURAL HOMESTEAD . . . . 170 TELEPHONE NUMBER . . . . (000)000-0000 350 **NET TAX** . . . . . . . . . . . . . . . . 13,180 180 NUMBER OF PARCELS: ORIGINAL YEAR . . . . . . 7 190 CURRENT YEAR . . . . . . 10 RATE ADJUSTMENT TAXES: 200 ORIGINAL TOTAL LOCAL TAX RATE . . . . . . .