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o o the original tax capacity of TIF District No. 5; the captured tax capacity of TIF District No. 5, including the amount of any captured tax capacity shared with other taxing districts; the outstanding principal amount of bonds issued or other loans incurred to finance project costs in TIF District No. 5; for the reporting period and for the duration of TIF District No. 5, the amount budgeted under the TIF Plan and the actual amount expended for the following categories: a) acquisition of land and buildings through condemnation or purchase; b) site improvement or preparation costs; c) installation of public utilities or other public improvements; d) administrative costs, including the allocated cost of the City; for properties sold to developers, the total cost of the property to the City and the price paid by the developer; and the amount of tax exempt obligations, other than those reported under clause (3), which were issued on behalf of private entities for facilities located in TIF District No. 5. X. Notification of Prior Planned Improvements. Pursuant to Section 469.177, Subdivision 4 of the TIF Act, the City has reviewed its records with regard to the property within TIF District No. 5 and has found no building permits were issued during the 18 months immediately preceding approval of the TIF Plan by the City. If a building permit is issued within the 18 month period preceding approval, or modification with regard to property added to the TIF District, of the TIF Plan by the City, the county auditor is authorized and required to increase the original tax capacity of TIF District No. 5 by the tax capacity of the improvements for which the building permit was issued. Y. Assessment Agreements. Pursuant to Section 469.177, Subdivision 8 of the TIF Act, the City may, upon entering into a development contract pursuant to Section 469.176, Subdivision 5 of the TIF Act, execute an assessment agreement in recordable form with the developer which establishes a minimum market value of the land and completed improvements for the duration of TIF District No. 2. The assessment agreement shall be presented to the Anoka county assessor who shall review the plans and specifications for the improvements to be constructed, review the market value previously assigned to the land upon which the improvements are to be constructed and so long as the minimum market value contained in the assessment agreement appears in the judgment of the assessor to be a reasonable estimate, the assessor may certify the minimum market value agreement. The assessment agreement shall be filed of record in the office of the