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City of Ramsey, Minnesota <br />Section A Definitions <br />The terms defined in this section have the meanings given herein, unless the context in which they are used indicates <br />a different meaning: <br />"Authority" means the Housing and Redevelopment Authority of the City of Ramsey. <br />"City" means the City of Ramsey, Minnesota; also referred to as a "Municipality". <br />"City Council" means the City Council of the City; also referred to as the "Governing Body". <br />"County" means Anoka County, Minnesota. yp <br />"Development District" means Development District No.1 in the City'„y,which'is,ttdelscribed in the corresponding <br />Development Program. <br />"Development Program" means the Development Program for the"pevelopment District. <br />"Protect Area" means the geographic area of the Developnjehi' District. <br />"School District" means Independent School District No. 11, Minnespta...r <br />"State" means the State of Minnesota. <br />"TIF Act" means Minnesota Statutes, Sections 469174 throijgh44,69.1799,"botj'�,inclusive. <br />rr h V, ",f,;,' <br />"TIF District' means Tax Increment Finayli ncing(Redev,,eiopment)aDistnctt,No;1.14; <br />.riti'n `'$ 15, a �?, [ n� � Y : �; fill .: y. <br />"TIF Plan" means the tax increment financing. plan for the TI,F District (this document). <br />Section B Statuto 9 Authorization : <br />See Section2'.02attieDevelo mer)taPtogram for the Develbpment District. <br />,,,. ,, :, <br />Section:C., Statement 6 Need and Public Purpose <br />See Section2i01, of the Development�Program for the Development District. <br />,=a <br />Section D Statement of$Objectives . <br />‘IttNellSee the Development Program for statement of objectives for the Development District. <br />Section E Designation of Tax Increment Financing District as a <br />Redevelopment District <br />Under Chapter 389 — H.F.No. 3729, Article 7 "Public Finance", Section 22 City of Ramsey; Tax Increment Financing <br />District; Special Rules Subdivision (b) the requirements for qualifying a redevelopment tax increment district under <br />Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcels located within the district.. <br />SPRINGSTED <br />Page 1 <br />21 <br />