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3. Pay into an escrow account dedicated to the payment of bonds; or 4. Return the excess amount to the Anoka County Auditor who shall distribute the exdess 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 improvemeflts within the Development District. K. Limitation of Increment. 1. Nor increment shall be paid to the City from 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 constructed public improvements within TIF District No. 2. 2. If, lifter four years from the date of certification of the original tax capacity of TIF Di~[trict No. 2, no demolition, rehabilitation, or renovation of property or other site pre~Paration, including improvement of a street or right-of-way adjacent to a parcel bu~ not installation of underground utility service, including sewer or water sygtems, have been commenced on a parcel located within TIF Diswict No. 2 by the~ City, or by the owner of the parcel in accordance with the TIF Plan, no addlitional increment may be taken from that parcel, and the original tax capacity of tha& parcel shall be excluded from the original tax capacity of the TIF District. If thee activities subsequently commence, the City shall so certify to the county au~itor, 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. NO~ tax increment shall in any event be paid to"the City from TIF District No. 2 after tw~nty-five years from the date of receipt by the City of the first increment. Limitation on Administrative Expenses. Pursuant percent of the tot District No. 2, t increased as long budget of the TIF > §469.176, Subd. 3 of the TIF Act, administrative expenses are limited to 10 L1 tax increment expenditures. Each time the City increases the budget of TIF ~e amount of tax increment money allocated to administrative costs may be ts the total of administrative expenditures does not exceed 10 percent of the total District. M. Limitation on Boundary Chan~es. The geographic area of TIF District No. 2 may be reduced, but it cannot be enlarged after October 16, 1991,i. which is five years following the date of certification of the original tax capacity by the Anoka CoUnty Auditor. N. R~location. 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 displaaed by public action.