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(E) The City confirms its election of the method of <br /> tax increment computation set forth in Minnesota <br /> Statutes, Section 469.177, subdivision 3, clause (a) with <br /> respect to each of the Districts. <br /> Passed by the Council this 12th day of November, 1996. <br /> Qe4't'W&) <br /> Mayor <br /> Attest: le-4�1 <br /> ity C erk <br /> Reviewed for Administration: <br /> ity Manager <br /> • -3- <br />