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TABLE OF CONTENTS <br />(for reference purposes only) <br />SECTION II - TAX INCREMENT FINANCING PLAN <br />FOR TAX INCREMENT FINANCING DISTRICT NO. 5 -1 2 -1 <br />Subsection 2 -1. Foreword 2 -1 <br />Subsection 2 -2. Statutory Authority 2 -1 <br />Subsection 2 -3. Statement of Objectives 2 -1 <br />Subsection 2 -4. Development Program Overview 2 -1 <br />Subsection 2 -5. Description of Property in the District and Property To Be Acquired 2 -2 <br />Subsection 2 -6. Classification of the District 2 -2 <br />Subsection 2 -7. Duration of the District 2 -3 <br />Subsection 2 -8. Original Tax Capacity, Tax Rate and Estimated Captured Net Tax <br />Capacity Value /Increment and Notification of Prior Planned <br />Improvements 2 -3 <br />Sources of Revenue /Bonded Indebtedness 2 -4 <br />Uses of Funds 2 -5 <br />Fiscal Disparities Election 2 -6 <br />Business Subsidies 2 -7 <br />County Road Costs 2 -7 <br />Estimated Impact on Other Taxing Jurisdictions 2 -8 <br />Supporting Documentation 2 -10 <br />Definition of Tax Increment Revenues 2 -10 <br />Modifications to the District 2 -11 <br />Administrative Expenses 2 -11 <br />Limitation of Increment 2 -12 <br />Use of Tax Increment 2 -13 <br />Excess Increments 2 -13 <br />Requirements for Agreements with the Developer 2 -13 <br />Assessment Agreements 2 -14 <br />Administration of the District 2 -14 <br />Annual Disclosure Requirements 2 -14 <br />Reasonable Expectations 2 -14 <br />Other Limitations on the Use of Tax Increment 2 -15 <br />Summary 2 -15 <br />Subsection 2 -9. <br />Subsection 2 -10. <br />Subsection 2 -11. <br />Subsection 2 -12. <br />Subsection 2 -13. <br />Subsection 2 -14. <br />Subsection 2 -15. <br />Subsection 2 -16. <br />Subsection 2 -17. <br />Subsection 2 -18, <br />Subsection 2 -19. <br />Subsection 2 -20. <br />Subsection 2 -21. <br />Subsection 2 -22. <br />Subsection 2 -23. <br />Subsection 2 -24. <br />Subsection 2 -25. <br />Subsection 2 -26. <br />Subsection 2 -27. <br />Subsection 2 -28. <br />APPENDIX A <br />PROJECT DESCRIPTION A -1 <br />APPENDIX B <br />MAP OF DEVELOPMENT DISTRICT NO. 5 AND THE DISTRICT B -1 <br />APPENDIX C <br />DESCRIPTION OF PROPERTY TO BE INCLUDED IN THE DISTRICT C -1 <br />APPENDIX D <br />ESTIMATED CASH FLOW FOR THE DISTRICT D -1 <br />APPENDIX E <br />MINNESOTA BUSINESS ASSISTANCE FORM E -1 <br />8 <br />