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The Construction Reserve Fund was established in 1992 to account for the revenue associated with defeased and called bond issues and expenditures for improvements of a permanent nature. The Tax Increment Project Fund was established to account for the revenues and expenditures for the various projects associated with the creation of the various tax increment financing districts. Tax Increment Districts The City Council took action on October 13, 1982, to form a Municipal Development District and two Tax Increment Financing Districts, with an additional Development District and Tax Incremen[ Financing District being formed in 1984. In 1985, the Ciry substantially modified its Tax Inerement Plans to create one development district and several tax inerement districCs. As of December 31, 1997, the City has fifteen active Cax increment districCs and one expired distriCt (DistriCt 8). The City rouncil is r€sponsible for administering the tax increment projects. A��ncy�unds The Northwest Youth and Family Service Agency has been changed to a contractual relationship in 1997, and as a result, the Ciry no longer provides tinancial and accounting services to the group. The Grass Lake Water Management Organization is a separate nonprofit organization established under a joint powers agreement between the cities of Roseville and Shoreview. In accordance with the terms of the agreement, the City provides accounting services to the Organization. The Employee Deferred Compensation program is now being held in legal trusts. As a result the City no longer has an obligation or ownership interest in the deferred programs of the employees. That agency fund has been removed from the City's accounting records. The Community Development Block Grant Fund accounts for funds held in trust associated with the block grants awarded to the City through Ramsey County. The Local Development Corporation Fund accounts for funds held in trust from block grants and other sources for the special housing needs related to low and moderate income people. The North Suburban Cabie Commission is ajoint powers agency for which the City provides investment services for their surplus funds. The Roseville Lutheran Cemetery Fund was established in 1993 to account for the revenue and expenditures associated with the Roseville LuCheran Cemetery. The cemetery came into the city's care when the previous owners would no longer take responsibility. 0