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Section A Definitions <br />The terms defined in this section have the meanings given herein, unless the context in which they are used <br />indicates 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. <br />"Development District" means Development District No.1 in the City, which is described in the corresponding <br />Development Program. <br />"Development Program" means the Development Program for the Development District. <br />"Project Area" means the geographic area of the Development District. <br />"School District" means Independent School District No. 11, Minnesota. "State" means the State of Minnesota. <br />"TIF Act" means Minnesota Statutes, Sections 469.174 through 469.1794, both inclusive. <br />"TIF District" means Tax Increment Financing (Redevelopment) District No. 14. <br />"TIF Plan" means the tax increment financing plan for the TIF District (this document). <br />Section B Statutory Authorization <br />See Section 2.02 of the Development Program for the Development District. <br />(AS MODIFIED MAY 27, 2014) <br />Within the City, there exist areas where public involvement is necessary to cause development or <br />redevelopment to occur. The City obtained special legislative authority in 2010 and 2011 for the TIF <br />District. Specifically the 2010 LAWS of Minnesota, Chapter 389, Article 7, Section 22 and 2011 LAWS of <br />Minnesota, Chapter 112, Article 11, Section 22. See Exhibit VII for legislation. <br />This section contains the Tax Increment Financing Plan (the "TIF Plan ") for the District. Other relevant <br />information is contained in the Modification to the Redevelopment Plan for Development District No. 1. <br />Section C Statement of Need and Public Purpose <br />See Section 2.01 of the Development Program for the Development District. <br />Section D Statement of Objectives <br />See the Development Program for statement of objectives for the Development District. <br />City of Ramsey <br />Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 14 1 <br />