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Pay into an escrow account dedicated to the payment of bonds; or R~Urn the excess amount to the Anoka County Auditor who shall distribute the ex~ess amount to the City, the county and Anoka-Hennepin Independent School DiStrict No. 11, in direct proportion to their respective tax capacity rates. In addition, the City may choose to modify the TIF Plan again in order to provide for other public improvements within the Development District. K. Limitation of Increment. 1. N6 increment shall be paid to the City fi.om TIF~District No. 2 after three years frown the date of certification of the original tax capacity of the taxable real property in the District by the county auditor unless within the three-year period (a) bonds ha~e been issued pursuant to {}469.178 of the TIF Act; or (b) the City has acquired property within TIF District No. 2; or (c) the City has constructed or caused to be eoflstmcted public improvements within TIF District No. 2. 2. If, ;after four year from the date of certification of the original tax capacity of TIF District No. 2, no demolition, rehabilitation, or renovation of property or other site praparation, including improvement of a street or right-of-way adjacent to a parcel but not lnstallanon of underground utlhty service, ~ncluding sewer or water systems, have been commenced on a parcel located within TIF District No. 2 by th~ City, or by the owner of the parcel in accordance with the TIF Plan, no ad~lifional increment may be taken from that parcel, and the original tax capacity of tha~t parcel shall be excluded fi.om the original tax capacity of the TIF District. If th4se activities subsequently commence, the City shall so certify to the county au4titor, and the tax capacity of the property as most recently certified by the commissioner of revenue may be added to the TIF District's original tax capacity. o Nc~ tax increment shall in any event be paid tothe City from TIF District No. 2 after twenty-five years from the date of receipt by the City of the first increment. L. Limitation on Administrative Expenses. Pursuant tp {}469.176, Subd. 3 of the TIF Act, administrative expenses are limited to 10 percent of the touil tax increment expenditures. Each time the City increases the budget of TIF District No. 2, ~e amount of tax increment money allocated to administrative costs may be increased as long its the total of administrative expenditures does not exceed 10 percent of the total budget of the TIF District. M. Li~nitation on Boundary Changes. The geogr[tphic area of TIF District No. 2 may be reduced, but it cannot be enlarged after October 16, 1991,Iwhich is five years following the date of certification of the original tax capacity by the Anoka Couiaty Auditor. N. R6~location. Although no relocation is anticipated, the City accepts, as binding, its obligations under state law for rel4cafion and will administer relocation services for families, Individuals and businesses displac!ed by public action. 10