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v <br />.� " i <br />� <br />� <br />A. <br />� <br />C. <br />D. <br />2/22/90 <br />1 FISCAL DISPARITTF�� <br />Statutory Authority <br />The City of Roseville is authorized to create <br />increment district pursuant to Minnesota Statutes a tax <br />469.174_,179. Section <br />Statement of Objectives <br />See Section F, Subsection <br />Programj as modified. <br />Development Program <br />1, Part I of the Development <br />1• Description of Development Activities. <br />the development activities described in PartsdIlthrc �� <br />VII, there are currently additional ugh <br />within Development District No, �, proposed projects <br />2. <br />3. <br />A• NCR will be constructin <br />facilit� in the r�ar area ofgi,ts current�fa��uring <br />Demolition of the school facflity is �.�qy�r�dlity. <br />Develo�me�t Ac�ivities Covered by Contracts: <br />wi1�1 enter into a cievel�pment agreements with N��@ City <br />Other D�velopment Not Under Contra�t <br />Exp�cted �o L�ccur in Dev�lopment District No.��asonably <br />development not ut�der �ontract reasonably e� ��t@ ther <br />occur in Develapmea�t District NQ, p d to <br />"pazagraph C. �evelopment Program 3,can lb�e �ch c� in <br />increment fin�ncit�g plan previausly adopt@d b th t�x <br />relati�g to Development Distract �Q. 1 Y e Cit�► <br />that addi�txorual develop�ne�� m� It is expected <br />�istrict No. 1 in the Fu�ure; Y°Ccur in Develop�@nt <br />timing of furthe�r d�velopm,�����c�n ot acc ��ture �nd <br />pX�dict�d at t1�is t�m�, urately b� <br />DesGr,iptic�n of Property in Tax Incr�men� Financin <br />N°' 12 • g District, <br />03-2�w23w32-a022-2 -� m�p revealing th� locatio <br />parcc�ls wi�hin Tax Incr�mQnt Financir�g D,istrict No, °f the <br />pravided in Exhib�t A, 12 is <br />E• c:lassification of Tax In�r�ment Financing Distr' <br />1ct No. 1� <br />T�e Roseville City Council in determini.ng the need <br />a tax increment f�.nancin �o cr�ate <br />Minn�sota Statutes, Section 469S174C4691i� accordane� with <br />9 flnds that Tax <br />