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14 <br /> applied to pay the additional expenditures described herein, certain of the Districts would <br /> terminate earlier than would otherwise be the case assuming ad valorem taxes are paid with <br /> respect to the taxable property in the Districts in the anticipated amounts. Upon such termination <br /> such increased tax capacity would be available for taxation by the local governmental units. <br /> However, as a result of the Master Modification and this 2002 Amendment thereto such increase <br /> in tax capacity will not be available for taxation by the local governmental units until a later date <br /> with respect to certain of the Chandler District. <br /> Offsetting such later termination of the Chandler District will be an increase in tax <br /> capacity to certain property which is not located in a tax increment financing district as a result <br /> of redevelopment of such property. Such increase in tax capacity will be available for taxation <br /> by the City and the local governmental units. <br /> V. DETERMINATIONS IN ORIGINAL FINANCING PLAN <br /> The determinations made in the Tax Increment Financing Plan for the Chandler <br /> District with respect to designation of the Chandler District as a housing district, the impact of <br /> the establishment of the Chandler District and the implementation of the Redevelopment Plans <br /> and undertaking of the.Redevelopment Projects and the captured tax capacity of the,Chandler <br /> District upon the redevelopment thereof are not affected by this 2002 Amendment and such <br /> determinations remain in full force and effect following the adoption of this Master <br /> Modification. <br /> • VI. ADDITIONAL AMENDMENTS TO PLAN <br /> The City and the HRA reserve the right to further alter the Master Modification <br /> and to further amend or modify the Redevelopment Plans and the Tax Increment Financing Plan <br /> for the Chandler District by their joint action, subject to the provisions of state law regulating <br /> such action. <br /> VII. ORIGINAL PLAN <br /> The Redevelopment Plans and the Tax Increment Financing Plan for the Chandler <br /> District, except to the extent provisions thereof are explicitly amended or supplemented by the <br /> Master Modification and this 2002 Amendment thereto shall remain in and be in full force and <br /> effect. <br /> 4 <br />