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• 3.05. The TIF Plan for TIP District No. 4 will afford maximum opportunity, consistent <br /> with the sound needs of the City as a whole, for the development of the TIP District and the <br /> Project by private enterprise. <br /> 3.06. TIF District No. 4 is a redevelopment district under Section 469.174, subd. 10 of <br /> the TIF Act, based on the findings described in the TIF Plan, which are incorporated herein by <br /> reference. <br /> Section 4. Project Plan Modification and TIP Plan Adopted. <br /> 4.01. The Project Plan Modification and the TIF Plan are hereby approved. <br /> 4.02. The EDA recommends that the City Council approve the Project Plan Modification <br /> and the TIF Plan after the public hearing in accordance with the TIF Act. <br /> Adopted by the Mounds View Economic Development Authority, Mounds View, <br /> Minnesota this /4 day of ,� , 1997. <br /> SLC' <br /> (4PAI, <br /> • ATTEST: Duane McCarty, President <br /> Catherine Bennett, Executive Director <br /> • <br /> 41 <br /> ATG220155 <br /> M0205-4 <br />