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"Note�' rneans a Tax Increment Revenue Note, substantia]Iy in the form contained in the Au#horizing Resotution. "Pl�ase'' means a portion af the Minimum Improvements as described in the definition thereof. "Projecr' �neans the City's Develop►r�ent District No. 1. "Project Area" means the real property located within the boundaries af the Froject. "Pu�lic Development Costs" means those costs to be paid ar reimbursed to the De�eloper by the City ia� �onneciion wiih the development hereunder as set forth in Section 32. "State" meails the State of Minnesota. `Tax lncrement" �neans that portion of the real property taxes which is paid with respect to the Development Aroperty and improvements thereon a�d which is remitted to the City as tax increment pursuant to the �'ax Increrrtent Act; provided that the tez'm Tax lncrernent does not include any amounts retained by or payable to the State auditor under Section 469.177, Subd. 1 I af the Tax lncrement Act, or any amounts described in Section 469.174, Subd. 25, clauses {2) through (4) of the Tax Increment Act. "Tax ]nerement Act" or "TIF Aci" means the Tax Increment Financi�g Act; Minnesata Statutes, Sections 469.174 to 469.1799, as amended. "Tax ]ncrement District" or "TIF District" means the City's Tax lncrement Financing District No. 4. "Ta� Increment Plan" or "Tl� P3an" �neans the Tax Increment Financing Plan for Tax Incre�nent Financing Disirict No. 4, approved Decernber ] 3, 2010. "Tax Official" rneans any County assessor, County auditor, County or State board of equa�ization_ the cammissioner of revenue of the State, or ar�y State or federal court includir�g the tax caurt of the State. "7�ransfer' l�as the meaning pravided in Section 8.l hereaf. "Triangie Parce�" means tl�e property so descrihed in Schedule A. "Unavoidable Delays" means delays beyond the reasanable control of the party seeking to be excused as a result thereof which are the direct resuit of strikes, other labor troubles, proionged adverse weather or acts of God, fire or other casualty to the Minimum Impravemer►ts, Iitigation co�nrnence� by third parties which, by injunction or other similar judicial action, direetly resuits in delays, or acts of any federa�, state or loca] governmentat unit (other than the City in exercising its rights unc�er this Agreement) which directly resuIt in delays. Unavoidable Delays shall not inetude delays in the Developer's abtaining af permi#s or govern��ental approvais �ecessary to enable construction ofthe Minirnum Improvements by the dates such constructior� is rec�uired under Section 43 of this Agreement. "Utility �mprovements" has the meaning provided in the defini�ion of Minimum Improvements. 3�sn9a.��o s.rB n�zoo-�o 4