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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 vast majority of the expenses and activities normally associated with land development. (f) The City of Rosevi11e 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 the modification 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 tl1e tax base, and to improve the general economy of the State and thereby serves a public purpose. 5. Filing. The City Manager is further authorized and directed to file a copy of the "City of Rosevi1le Redevelop- ment and Tax Increment Financing Plan Amendment Number One" with the Commissioner of Energy, Planning and Development. 6. Administration. The administration of Development District No. 1 is assigned to the City Manager who -~shall from time to time be granted such powers and duties pursuant to Minnesota Statutes, Sections 472A.09 and 472A.lO as the City Council may deem appropriate. As part of his administrative duties, the City Manager shall submit a report on the status of Development District No. 1 to the Ramsey County Board, the School Boards of Independent School Districts Numbers 621 and 623 and the Commissioner of Energy, Planning and Development prior to July 1 of each year. The City Manager shall also publish an annual statement regarding Development District No. 1 in a newspaper of general circulation in the City. The reports and annual statements shall be in compliance with Minnesota Statutes 273.74 Subd. 5.