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HomeMy WebLinkAboutDepartment of Revenue - TIFDDan Bucks Director Montana Department of Revenue Brian Schweitzer Governor April 10, 2008 Mary K. Embleton City Clerk and Treasurer City Of Laurel P.O. Box 10 Laurel, MT 59044 CITY OF LAUREL Su~ect: Laurel Urban Renewal Tax Increment Financing District Document Submission Dear Ms. Embleton: The Department is in receipt of the documents relating to the Laurel Urban Renewal Tax Increment Financing District (TIF DiStrict). We have reviewed these documents and are of the opinion that the TIF District has been created in compliance with Montana Law. The Department will begin identifying the parcels located within the TIF District in order to establish the District's base taxable value. The District will be recognized when the Department certifies property values in August. The District will have a base year of January 1, 2007. Should you have any questions regarding this matter, please do nOt hesitate to cOntact me. Dan Bucks Director PO Box 5805 Helena, MT 59604-5805 Customer Service 1406) 444-6900 · TDD (406) 444-2830 · www.mt.gov/revenue