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As we discussed , we would propose to amend our Development <br /> Agreement to provide that any annual excess real estate taxes <br /> from the district , after payment of the Tax Increment Bond <br /> installment , be returned to the project in the form of a tax <br /> write down. <br /> We have reviewed this with the Dorsey office and are assured that <br /> the tax increment financing law would allow such an agreement . <br /> We are prepared to meet with you and any of the council as soon <br /> as possible to further discuss this. <br /> Very truly yours , <br /> LANEL FINANCIAL GROUP, INC. <br /> Paul G. Brewer <br /> President <br /> PGB:mf <br />