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2. But . for• tax increment financing, the redevelopment <br /> would not occur, because of the poor, soil <br /> conditions. <br /> The studies which have been completed which indicate that <br /> development would not cocur• but for, the use of tax <br /> increment ar-e as follows: <br /> 1 . Evergreen Townhouses in St. Anthony Village, June <br /> 16, ' 969. <br /> 2. Soil Analysis. <br /> G . ADMINISTRATIVE PROCEDURES AND REQUIREMENTS <br /> 1 . Modification of the TIF Plan or Change in <br /> Boundaries of the TIF District <br /> Pursuant to Minnesota Statutes, any modification of <br /> this TIF Plan which would: provide for any <br /> reduction or- enlargement of the geographic area of <br /> the TIF District; increase the amount of bonded <br /> indebtedness to be incur-red; increase or, -decrease <br /> the amount of interest on the debt to be <br /> capitalized; increase the portion of captured <br /> assessed value to be retained by the City; <br /> increase the total estimated tax increment <br /> expenditures; or the designation of addi.tional <br /> property to be acquired may only be approved by the <br /> City Council and HRA after- notice to the public, <br /> discussion with the planning commission, the <br /> holding of a public - hearing, and the making of <br /> .findings required for• the approval for- the TIF Plan <br /> itself. <br /> 14 <br />