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(i) The estimated amount by which the market value of the site will increase without the use of tax increment financing is $0, except for a small amount attributable to appreciation in land value; (ii) The estimated increase in the market value that will result from the redevelopment to be assisted with tax increment financing is $16,917,395 (from $5,000,000 to $23,025,963); and (iii) The present value of the projected tax increments for the maximum duration of the TIF District permitted by the TIF Plan is $938,650. (d) The TIF Plan for TIF District No. 18 conforms to the general plan for development or redevelopment of the City of Roseville as a whole. The reasons for supporting this finding are that: (i) TIF District No. 18 is properly zoned; (ii) The City has determined that the proposed TIF Plan conforms to the general plan for the development or redevelopment of the City as a whole; and (iii) The TIF Plan will generally complement and serve to implement policies adopted by the City. (e) The TIF Plan will afford maximum opportunity, consistent with the sound needs of the City of Roseville as a whole, for the development or redevelopment of Development District No. 1 by private enterprise. The reasons supporting this finding are that: The development activities are necessary so that development and redevelopment by private enterprise can occur within Development District No. 1. 5. Public Purpose. The adoption of the Tax Increment Financing Plan for Tax Increment (Housing) District No. 18 (Har Mar Apartments Project) within Development District No. 1 conforms in all respects to the requirements of the Act and will help fulfill a need to develop an area of the State which is already built up to provide employment opportunities and provide safe, decent, sanitary housing for all residents of the city to improve the tax base and to improve the general economy of the State and thereby serves a public purpose. 6. Certification. The Auditor of Ramsey County is requested to certify the original net tax capacity of TIF District No. 18 as described in TIF Plan, and to certify in each year thereafter the amount by which the original net tax capacity has increased or decreased in accordance with the Act; and the City Manager is authorized and directed to forthwith transmit this request to the County Auditor in such form and content as the Auditor may specify, together with a list of all properties within TIF District No. 18 for