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Agenda - Council - 01/23/2007
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Agenda - Council - 01/23/2007
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3/19/2025 9:58:51 AM
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1/19/2007 3:21:30 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/23/2007
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<br />"Tax Increment Financing District" means any tax increment financing district presently <br />established or to be established in the future in the Development District. <br /> <br />"Tax Increment Financing Act" means Minnesota Statutes, Sections 469.174 through <br />469.1799, both inclusive, as amended and supplemented from time to time. <br /> <br />"Tax Increment Financing Plan" means the respective Tax Increment Financing Plan for <br />each Tax Increment Financing District located within the Development District. <br /> <br />"Tax Increments" means the tax increments derived from the Tax Increment Financing <br />District, the proceeds from the sale or lease of property purchased by the City with tax <br />increments, repayments of loans or other advances made by the City with tax increments and <br />interest or other investment earnings on or from tax increments. <br /> <br />Section 1.02 Exhibits. The following exhibits are attached to and by reference made a <br />part of this Development Program: <br /> <br />Exhibit A: <br />Exhibit B: <br />Exhibit C: <br />Exhibit D: <br /> <br />Description of Development District No.1; <br />Description of Tax Increment Financing District No. 11; <br />Estimated Project Costs; <br />Impact on Other Taxing Jurisdictions and Other Financial Data <br />Present Value Analysis As Required By Minnesota Statutes, <br />Section 469.175(3)(2) <br />Cash Flow Projections and Other Financial Data relating to Tax <br />Increment Financing District No. 11. <br /> <br />Exhibit E: <br /> <br />1954494v3 <br /> <br />2 <br /> <br />-163- <br />
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