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(17) Redevelopment when the recipient's investment in the purchase of the site and in site preparation is 70 percent or more of the assessor's current year's estimated market value; (18) General changes in tax increment financing law and other general tax law changes of a principally technical nature. (19) Federal assistance until the assistance has been repaid to,and reinvested by,the state or local government agency; (20) Funds from dock and wharf bonds issued by a seaway port authority; (21) Business loans and loan guarantees of$75,000 or less; and (22) Federal loan funds provided through the United States Department of Commerce,Economic Development Administration. The HRA or City is not providing tax increment financing for the purpose of economic development or job growth and therefore the provisions of M.S., Section 116J.993 to 116J.994,which states that a local unit of government granting financial assistance to a business for economic development or j ob growth purposes, including tax increment financing,must establish business subsidy criteria and approve a business subsidy agreement with the business receiving the assistance, do not apply. Subsection 2-14.County Road Costs Pursuant to M.S., Section 469.175, Subd. ]a,the county board may require the HRA or City to pay for all or part of the cost of county road improvements if the proposed development to be assisted by tax increment will,in the judgement of the county,substantially increase the use of county roads requiring construction of road improvements or other road costs and if the road improvements are not scheduled within the next five years under a capital improvement plan or within five years under another county plan. If the county elects to use increments to improve county roads,it must notify the HRA or City within forty- five days of receipt of this TIF Plan. In the opinion of the HRA and City and consultants, the proposed development outlined in this TIF Plan will have little or no impact upon county roads. Subsection 2-15.Estimated Impact on Other Taxing Jurisdictions The estimated impact on other taxing j urisdictions assumes that the redevelopment contemplated by the TIF Plan would occur without the creation of the District. However,the HRA or City has determined that such development or redevelopment would not occur"but for"tax increment financing and that,therefore,the fiscal impact on other taxing jurisdictions is$0. The estimated fiscal impact of the District would be as follows if the "but for" test was not met: R%4PACT ON TAX BASE 2002/2003 Estimated Captured Total Net Tax Capacity(CTC) Percent of CTC Tax Capacity Upon Completion to Entity Total Ramsey County 300,841,337 1,555,977 0.5172% City of St. Anthony* 5,067,038 1,555,977 30.7078% ISD No.282* 6,143,989 1,555,977 25.3252% *Includes values for Hennepin County and Ramsey County Housing and Redevelopment Authority of St. Anthony - Tax Increment Financing Plan for Tax Increment Financing District No23-5