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<br />It <br /> <br />. <br /> <br />. <br /> <br />2. The City further agrees that where the original TIF plan contains a listing of <br />specific properties for acquisition. and the City dctermines additional propcrty or properties are <br />to be acquired then thc City of Mounds View \\'ill follO\\' the procedures set forth in Minn. Stat. <br />*469.175. subd. 4 for formal plan moditication with public hearings for a "designation of <br />additional property to be acquired by the City." <br /> <br />3. Nothing in paragraphs I or 2 above is intcnded or shall bc interpreted to impose <br />on the City any obligations which excecd those requirements of the tax increment la\'v' which are <br />at the time applicable. <br /> <br />4. The City of Mounds Vie\\! will not approve. or request certilication of. a new tax <br />increment financing district or the addition of an area to an existing tax increment financc for a <br />period of three months from the date of this Settlement Agreement. <br /> <br />5. Nothing in this Settlement Agreemcnt shall be construed as an admission or <br />acknowledgement on the part of the City of Mounds Vie\\! that it has not substantially complied <br />\\'ith the applicable requirements of the tax increment linancing or any other law. <br /> <br />IN WITNESS WHEREOF, the parties have caused this Settlement Agreement to be <br />signed on the date(s) set forth below. <br /> <br />Dated: <br /> <br />Dated: <br /> <br />CITY OF MOUNDS VIEW <br /> <br />CITY OF MOUNDS VIEW <br /> <br />By: <br /> <br />By <br /> <br />Its: <br /> <br />Mayor <br /> <br />Its: Interim City Clerk/Administrator <br /> <br />Dated: <br /> <br />MIKE HATCH <br />Attorney Gcneral <br />State of Minnesota <br /> <br />CHRISTIE B. ELLER <br />Assistant Attorney General <br />Atty. Reg. No. 6658 <br /> <br />525 Park Street. Suite 200 <br />St. Paul. Minnesota 55103-2106 <br />(65] ) 296-9421 (Voice) <br />(651) 282-2525 (TTY) <br /> <br />A TTORNEYS FOR STATE OF MINNESOTA <br /> <br />AG: #824798-v1 <br />