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<br />EXHIBIT I-B <br /> <br />MUNICIPAL ACTION TAKEN <br /> <br />The following municipal actions were taken in connection with the tax increment <br />financing activities of the City of Roseville pursuant to Minnesota Statutes, Sections <br />469.001 to 469.047, 469.048 to 469.068, 469.124 to 469.134, and 469.174 to <br />469.1799, inclusive, as amended and supplemented from time to time: <br /> <br />October 13. 1982: Creation of Development District No. 1 and adoption of a <br />Development Program; creation of Redevelopment District No. 1 as a <br />redevelopment tax increment district and adoption of a Tax Increment Financing <br />Plan; creation of Redevelopment District No. 2 as a redevelopment tax increment <br />district and adoption of a Tax Increment Financing Plan. <br /> <br />Mav 9.1983: Modification of the Development Program Development District NO.1 <br />and Tax Increment Financing Plans for Redevelopment Districts No. 1 and No.2 to <br />reflect increased project expenses. <br /> <br />September 24. 1984: Creation of [Municipal] Development District No. 3 and <br />adoption of a Development Program; creation of Tax Increment Financing District <br />No.3 as a redevelopment district and adoption of a Tax Increment Financing Plan. <br /> <br />December 16. 1985: Modification of the Development Program Development <br />District No. 1 to include the area of Development District No. 3/Tax Increment <br />Financing District No.3; modification of the Tax Increment Financing Plan for Tax <br />Increment Financing District No 1 (previously referred to as Redevelopment District <br />No.1) to reflect the addition of forty two parcels, increased project expenses and the <br />deletion of ten parcels; modification of the Tax Increment Financing Plan for Tax <br />Increment Financing District No.2 (previously referred to as Redevelopment District <br />No.2) to reflect the addition of three parcels and the deletion of twelve parcels; <br />creation of Tax Increment Financing District NO.4 as a redevelopment district and <br />adoption of a Tax Increment Financing Plan. <br /> <br />Julv 14. 1986: Modification of the Development Program for Development District <br />No.1; creation of Tax Increment Financing District NO.5 as a redevelopment district <br />and adoption of a Tax Increment Financing Plan. <br /> <br />January 12. 1987: Modification of the Development Program for Development <br />District No.1; creation of Tax Increment Financing District No. 6 as a housing <br />district and adoption of a Tax Increment Financing Plan; creation of Tax Increment <br />Financing District NO.7 as a redevelopment district and adoption of a Tax Increment <br />