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<br />4. The City may delay first receipt of increment under Section 469.1 75, subdivision <br />l(b) for up to six years (rather than four under general law), and the City may <br />designate the year of first receipt at any time during that period by timely notice <br />to the county auditor (rather than being required to state the designated year in the <br />TIF Plan). <br /> <br />5. The TIF district is otherwise subject to the general rules for redevelopment <br />districts under the TIF Act. <br /> <br />2 <br />