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• <br /> Resolution No . 93-4 <br /> Page 5 <br /> B . Loss of Government Aid: <br /> Changes to Minnesota Statutes mandate a reduction in <br /> the LGA/HACA payments from the state to the city when new <br /> Tax Increment Financing districts are formed. In the • <br /> event a new Tax Increment Financing district is formed, <br /> the applicant shall be required to reimburse the city for <br /> such loss or reduction in state revenues . <br /> • <br /> Passed and duly adopted this 20th day of December, 1993 by the <br /> Burnsville Economic Development Authority. <br /> Daniel C. McElroy, Presid nt <br /> ATTEST : <br /> 4110 <br /> Susan P . Olesen, City Clerk <br /> Attachment "A" <br /> Attachment "B" <br />