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• Section 3. Modification, Approval and Adoption of the <br />Modified Development Procrram Relating to Development District <br />No 1 <br />3.01. The modifications to the Development Program relating <br />to Development District No. 1 reflecting increased geographic <br />area, increased bonded indebtedness and increased project costs <br />are hereby approved and adopted by the Council of the City of <br />Falcon Heights. <br />Section 4. Modification Approval and Adoption of the <br />Modified Tax Increment Financina Plan Relating to Tax Increment <br />Financina District No. 2. <br />4.01. The modifications to the Tax Increment Financing Plan <br />relating to Tax Increment Financing District No. 2 reflecting <br />increased geographic area, increased bonded indebtedness and <br />increased project costs within Development District No. 1 are <br />hereby approved and adopted by the Council of the City of Falcon <br />Heights. <br />Section 5. Modification. Approval and Adoption of the <br />Modified Development Program Rel-.-at?ng to Development District <br />No. 2 <br />. 5.01. The modifications to the Development Program relating <br />to Development District No. 2 reflecting increased geographic <br />area, increased bonded indebtedness and increased project costs <br />are hereby approved and adopted by the Council of the City of <br />Falcon Heights. <br />Section 6. Modification Approval and Adoption of the <br />Modified Tax Increment Financina Plan Relating to Tax Increment <br />Financina District No. 1. <br />6.01. The modifications to the Tax Increment.Financing Plan <br />relating to Tax Increment Financing District No. 1 reflecting <br />increased geographic area, increased bonded indebtedness and <br />increased project costs within Development District No. 2 are <br />hereby approved and adopted by the Council of the City of Falcon <br />Heights. <br />Section 7. Filing of Plans. <br />7.01. Upon approval and adoption of the modified <br />Development Programs and modified Tax Increment Financing Plans <br />(collectively the "Plans"), the City shall cause said Plans to be <br />filed with the Minnesota Department of Revenue. <br />Adopted by the Council of the City this 24th day of January, <br />1996. <br /> <br />