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2007-08-22 CC Packet
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2007-08-22 CC Packet
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<br />I <br />I 0 <br />I <br /> <br />Subsection 2.14. studies and Analvses Used for DBut ForD Determination. <br /> <br />The following studies and analyses have been undertaken and reviewed in order to make the "but for" <br />findings provided for in the approving resolution of the City, as required pursuant to SectIon 469.1n, <br />Subd. 3, clause 2 of the Tax Increment Financing Act: Such studies and analyses are on file In the office <br />of the Finance Director. <br /> <br />Subsection 2.15. Modification of Tax Inaement Flnandna DIstrict No. 1-7 and lor Tax Inaement <br />Flnandna Plan. <br /> <br />As of September 26.2007. no modifications to Tax Increment Financing District No. 1-7 or the Tax <br />Increment Financing Plan therefore have been made. <br /> <br />Subsection 2.16 Prior Planned ImDrovements. <br /> <br />In the 18 months prior to the city's public hearing to consider approving the Tax IncremeOnt Financing <br />Plan for Tax Increment Financing District 1-7, no building permits have been issued on parcels Included <br />in the proposed Tax Increment Financing DIstrict. <br /> <br />Subsection 2. 17. Fiscal DlsDarltles Election. <br /> <br />The city elects to calculate fiscal disparities pursuant to Minnesota Statutes SectIon 469.1n, Subd. 3, <br />clause b. <br /> <br />-PageS- <br /> <br />~t- <br /> <br />---------- --- - -------~ - <br />
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