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3. Finding that the TIF Plan for the District conforms to the general plan for the development or <br />redevelopment of the municipality as a whole. <br />The Planning Commission reviewed the TIF Plan and found that the TIF Plan conforms to the general <br />development plan of the City. <br />4. Finding that the TIF Plan for the District will afford maximum opportunity, consistent with the sound needs <br />of the City as a whole, for the development or redevelopment of Development District No. 1 by private <br />enterprise. <br />The project to be assisted by the District will result in increased employment in the City and the State of <br />Minnesota, the renovation of substandard properties, increased tax base of the State and add a high quality <br />development to the City. <br />