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City of Roseville has a long-standing tradition of cooperation with the private sector and has consulted extensively with representatives of the development community in the preparation of the tax increment financing plan. Based on this objective of cooperation and the specific ipput of the development community, the City structured the distribution of improvement costs on all funding sources contained on Table 12, page 63 of the Plan. As this table indicates, the City intends to concentrate the use of tax increment revenue on those improvements which could not reasonably be expected to occur solely through private action. Private enterprise will be responsible for the vase majority of the expenses and activities normally associated with land development. (f) The City of Roseville elects the method of tax increment computation set forth in Minnesota Statutes, Section 273.76, Subd. 3, clause (a). 4. Public Purpose. The formation of Development District No.1, Redevelopment District Nos. land 2 and adoption of the Development Program and Tax Increment Financing Plan conform in all respects to the requirements of the Act and will help fulfill a need to develop an area of the City which is already built up, to provide employment opportunities to improve the tax base, and to improve the general economy of the State and thereby serves a public purpose. 5. Certification. The Auditor of Ramsey County is requested to certify the original assessed value of Redevelop- ment District Nos. land 2 as described in the Tax Increment Financing Plan, and to certify in each year thereafter the amount by which the original assessed value has increased or decreased in accordance with the Act; and the City Manager is authorized and directed to forthwith transmit this request to the County Auditor in such form and content as the Auditor may specify, together with a list of all properties within Redevelopment Districts No. I and 2 for which building permits have been issued during the l8 months immediately preceding the adoption of this Resolution. 6. Special Account. There is created a special account designated "Redevelopment District No. 1 Tax Increment Account" to be held by the City Treasurer separate and apart from all other accounts of the City into which shall be credited all tax increments received with respect to Redevelopment District No. 1 to be used in accordance with the Act and the Tax Increment Financing Plan. There is created a