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or- water systems, has been commenced on a parcel • <br /> located within the TIF District in accordance with <br /> this Flan, no additional tax increment will be <br /> taken from that parcel and the original gross tax <br /> capacity of that parcel will be excluded fr-om the <br /> original gross tax capacity of the TIF District. If <br /> development of the parcel subsequently commences, <br /> the parcel shall be returned to the TIF District as <br /> provided in 11innesota Statute Section 469. 176, <br /> Subd.. 6. <br /> 7. Annual Disc 1 osur•e <br /> The HRA will make the annual disclosures required by <br /> Minnesota Statutes, Section 469.175, subdivision 6. <br /> B. Administration of the TIF District <br /> The HRA designates the St. Anthony City Manager- as <br /> agent responsible for• administration of the TIF <br /> District. - -- - <br /> 9. Fiscal Disparities Election <br /> The HRH elects to spread the effects of the fiscal <br /> disparities Act within the District to all <br /> commercial and industrial property in St. Anthony. <br /> The Cash Flow Analysis reflects this election. <br /> 17- <br />