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I I I I I I I ! I I I 5. Upon adoption by the Council of the Tax Increment Financing Plan for a Tax Increment Financing District, the Administrator shall file a copy of the Tax Increment Financ- ing Plan with the Minnesota Energy and Economic Development Authority. Minnesota Statutes, S273.74, subd. 2. The plans should be addressed as follows: Minnesota Department of Energy and Economic Development Division of Community Development 9th Floor, American Center Building 150 East Kellogg Boulevard St. Paul, Minnesota 55101 Attention: Michael Auger 6. The Administrator shall seek modification of a Tax Increment Financing Plan for a Tax Increment Financing Dis- trict by the process required for approval of the original Tax Increment Financing Plan if the City seeks to do any of the following: (a) reduce or enlarge the geographic area of the Tax Increment Financing District (the geographic area can be reduced but not enlarged after five (5) years following certification to the original assessed value of the Tax Increment Financing District); (b) increase the amount of bonded indebtedness to be incurred; (c) increase the portion of value to be retained by the City; captured assessed (d) .increase the total estimated tax increment expenditures; or (e) designate additional property to be acquired by the City. Minnesota Statutes $273.74, subd. 4. 7. On or before July 1 of each year, the Administrator shall submit to the Anoka County Board, all affected school boards, and to the Minnesota Energy and Economic Development Authority a report of the status of each Tax Increment Fi- nancing District in Development District No. 1. The in- formation to be included in the report is given in the model form attached hereto as EXHIBIT 1. 8. An annual statement showing the tax increment re- ceived and expended in that year, the original assessed A - 3