CCP 08-18-1997 - Laserfiche WebLink

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. "Plte5e II ~'elieV" means that nomon of the Minimum Improvements which is currentlv proposed to consist of a 119.412 sauaTe foot office/warehouse development. "1997 14th Street Improvements" means that portion of the Public Improvements described as such on the ~llached Schedule B. "1998 West Round Lake Road Improvements" means that portion of the Public Improvements described as such on the attached Schedule B. ''PAllS'' HI Pulllie 1998 Hi ghwav 96 Improvements" means that portion of the Public Improvements described as such on the attached Schedule B. "Plan" means, collectively. the Tax Increment Financing Plan and Development Program adopted by tbe City in connection with the creation of the Tax Increment District and Project, respectively, as modified as of the date of this Agreement, and as they may be further modified from time to time. ''Prior Redeveloper Improvements" means the improvements being constructed by the . Redeveloper on the Redeveloper Property, consisting of an approximately 1541.,000 square foot office/warehouse building. "Project" means the City's Municipal Development District No_ 1 established by the City pursuant to the Development Program relating thereto. "Project Area" means the real property located within the boundaries of the Project. ''Public Improvements" means the improvements to be constructed by on or behalf of the - Authority or the City pursuant to Section 3.5 of this Agreement. - "Redeveloper" means Welsh Cemf)anie~.t Ii P.4iI1:l3.geeta eeIJ'sralieli Develonment I Company. LLC. a Minnesota limited liability company, its successors, assigns and any future owner of any interest in any portion of the Redevelopment Property. I "Redeveloper Property" nleans the property described as such on the attached Schedule A on which the Redeveloper is constructing the Prior Redeveloper Improvements. I "Redevelopment Property" means the real property described in Schedule A of this Agreement. I "State" means the State ofMilmcsota. ~ "Tax Increment" means that portion of the real property taxes paid with respect to the Redevelopment Property iIJlQ MirlimtJm lH1flrB'/eHlSRts (sRd ReEleveleper PF9peAy?). I 5 ,',t/U'd 6v01. 1.C:6 c:t9 '~'d '3~I3a ~ ^3la~da S0:9t ,',66t-U~1lt!