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City of Lino Lakes, Minnesota <br />— Management Report, Page 30 <br />— Tax Increment Financing #1 -5 <br />The City established Tax Increment District #1 -5 pursuant to MS 469.174 Subdivision 11 <br />which qualifies it as a Housing District. The duration of the District is twenty-five years from the <br />— <br />date of the first increment. The plan for District #1 -5 was approved and adopted on December 14, <br />1992. <br />