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(g) certify to the governing body of the munici- <br />pality for acquisition through eminent domain property <br />that cannot be acquired by negotiation, but is required <br />for implementation of the Development Program; <br /> <br />I <br />I <br />I <br /> <br /> (h) certify to the governing body of the munici- <br />pality the amount of funds, if any, which must be raised <br />through sale of bonds to finance the Program for Devel- <br />opment District No. 1; <br /> <br />America; <br /> <br />apply for grants from the United states of <br /> <br />I (j) apply for <br /> <br />grants from other sources." <br /> <br />I PROCEDURAL REQUIREMENTS <br /> <br /> 1. Ail actions taken by the Administrator pursuant to <br />I the above-mentioned powers shall be carried out within the <br /> statutory requirements as given in Chapter 412 of Minnesota <br /> Statutes relating to statutory cities. <br />I 2. An amount not exceeding ten percent (10%) of the <br /> total tax increment expenditures authorized by the Tax In- <br /> <br />I crement Financing Plan or the total tax increment expen- <br /> ditures for the Project, whichever is less, can be used to <br /> <br /> pay any administrative expenses for a project. <br />i Minn~ot~ Statute__s $ 273.75, subd. 3. <br /> 3. Administrative expenses include amounts paid for <br /> <br /> services provided by bond counsel, fiscal consultants, and <br />I planning or economic development consultants. Administra- <br /> tive expenses do not include amounts paid for the purchase <br /> of land or amounts paid to contractors or others providing <br />I materials and services, including architectural and engi- <br /> neering services, directly connected with the physical de- <br /> <br />velopment of the real property in the project, relocation <br /> <br />I benefits paid to or services provided for persons residing <br /> or businesses located in the project, or amounts used to pay <br /> interest on, fund a reserve for, or sell at a discount bonds <br /> <br />i issued pursuant to section 273.77. <br /> Minnesot__~a Statute__s S273.73, subd. 13. <br /> <br /> 4. Following Council approval of a Tax Increment Fi- <br />I nancing a Tax Increment Financing District, the <br /> Plan <br /> for <br /> Administrator shall request the County Auditor to certify <br /> the original assessed value of the Tax Increment Financing <br /> District. <br /> Minnesota Statutes S273.74, subd. 3. <br /> <br />A- 2 <br /> <br /> <br />