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Appendix A of the TIF Plan) <br />c. The present value of tax increments from the District for the maximum duration of the district <br />permitted by the TIF Plan is estimated to be $964,003. (see Appendix A of the TIF Plan). <br />d. Even if some development other than the proposed development were to occur, the Council finds <br />that no alternative would occur that would produce a market value increase greater than <br />$9,320,997. (the amount in clause b less the amount in clause c) without tax increment assistance. <br />3. Finding that the TIF Plan for Tax Increment Financing District No. 17: Delta ModTech conforms to <br />the general plan for the development or 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 Tay Increment Financing Plan for Tax Increment Financing District No. 17: Delta <br />ModTech will afford maximum opportunity, consistent with the sound needs of the City as a whole, <br />for the development of Development District No. 1 by private enterprise. <br />The project to be assisted by the District will result in increased employment in the City and the State <br />of Minnesota, increased tax base of the State, and add a high quality development to the City. <br />Appendix B-3 <br />