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in the Hazardous Materials Transportation Act, 40 U.S.C. S 1801, et seq.} as amended; or (viii) substances listed as a hazardous air pollutant pursuant to the federal Clean Air Act, 42 D.S.C. S 7401 et seq.} as amended. "Minimum Improvements" means the improvements to be constructed by the Redeveloper on the Redevelopment Property shown as Blocks 1, 2, 3, 4, 5, 6, 7, and 8 on the Site Plan attached as Exhibit B, as described in Exhibit G and as to be further described in the Construction Plans. "MPCA" means the Minnesota Pollution Control Agency. "Parcel" means anyone of the 21 parcels of the Redevelopment Property identified by number and by current property identification number on Exhibit A. "Party" means either the Redeveloper or the City. "Parties" means both the Redeveloper and the City. "Plan" means, collectively, (i) the Restated Development Program adopted and approved by the City for Development District No.1, and (ii) the Tax Increment Plan. "Project" means the Redevelopment Property (Areas 1-5 and 8 as described in Exhibit A) and Public, Site and Minimum Improvements thereon as contemplated herein, and to be constructed as Stages 1, 2, 3 and 4. "Project Area" means Development District No.1 established in accordance with the Act. "Project Costs" means all costs of the Project under generally accepted accounting principles to be shown on the Sources and Uses, not including the Redeveloper Return. Land acquisition costs shall be calculated pursuant to Section 4.5(a). "Project Revenues" shall mean all available cash sources to be shown on the Sources and Uses, including: (i) Tax Increment Bond proceeds, net of reasonable costs of issuance, underwriter's discount, debt service reserves, capitalized interest and other items which reduce bond proceeds available to the Project, (ii) grants, (iii) proceeds of sales of real property, net of sales costs, calculated pursuant to Section 4.5(b), (iv) any other Project-related income, and (v) the projected present value, using a discount rate of seven percent (70/0) and an inflation rate of three percent (30/0), of any Tax Increment not required for debt service on Tax Increment Bonds. "Public Improvements" means the public improvements to be constructed by the Redeveloper on or adjacent to the Redevelopment Property and described in Exhibit E. "PUD Agreement" means one or more Planned Unit Development Agreements to be negotiated, approved, executed, and recorded against the Redevelopment Property by the City and the Redeveloper. 4