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3. Pay into an escrow account dedicated to the payment of bonds; or Return the excess amount to the Anoka County Auditor who shall distribute the excess amount to the City, Anoka 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. No increment shall be paid to the City from TIF District No. 2 after three years from 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 per/od (a) bonds have been issued pursuant to {}469. I78 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 constructed, public improvements within TIF District No. 2. If, after four vears from the date of certification of the original tax capacity of TIF District No. ~, no demolition, rehabilitation, or renovation of property or other site preparation, including improvement of a street or right-of-way adjacent to a parcel but not installation of underground utility service, including sewer or water systems, have been commenced on a parcel located within TIF District No. 2 by the C/ty, or by the owner of the parcel in accordance with the TiT: Plan, no additional increment may be taken from that parcel, and the original tax capacity of that parcel shall be excluded from the original tax capacity of the TIF District. If these activities subsequently commence, the City shall so certify to the county auditor, and the tax capacity of the property as most recently certified by the commissioner of revenue may be added to the TtF Dismcfs original tax capacity. o No tax increment shall in any event be paid to'the City from TIF District No. 2 after twenty-five years from the date of receipt by the City of the f'zrst increment. L. Limitation on Administrative Expenses. Pursuant to §469.176, Sub& 3 of the TIF Act, administrative expenses are limited to 10 percent of the total tax increment expenditures. Each time the City increases the budget of TIF District No. 2, the amount of tax increment money allocated to administrative costs may be increased as longas the total of administrative expenditures does not exceed 10 percent of the total budget of the TIF District. M. Limitation on Boundary Changes. The geographic area of TIF District No. 2 may be reduced, but it cannot be enlarged after October 16, 1991, which is five years following the date of certification of the original tax capacity by the Anoka County Auditor. N. Relocation. Although no relocation is anticipated, the City accepts, as binding, its obligations under state law for relocation and will administer relocation services for families, individuals and businesses displaced by public action. 11 q7