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DEFINITIONS <br /> <br />The following terms used in this document have the <br /> <br />meanings given them. <br /> <br />"City" means the City of Elk River, Minnesota. <br /> <br />"Development Districts Act" means the Minnesota Development <br />Districts Act, Minnesota Statutes, § 469.124, et seq., as <br />amended. <br /> <br />"Development District" means Development District No. 1, <br />the Development District established by the City, pursuant <br />to the Development Districts Act. <br /> <br />"Development Program" means the development program for <br />Development District No. 1, adopted by the City pursuant to <br />the Development Districts Act, as amended through <br />November 30, 1987. <br /> <br />"TIF District" means Tax Increment Financing District <br />No. 5, an Economic Development Tax Increment Financing <br />District established by the City pursuant to the TIF Act. <br /> <br />"TIF Plan" means the tax increment financing plan for Tax <br />Increment Financing District No. 5. <br /> <br />"TIF Act" means the Minnesota Tax Increment Financing Act, <br />Minnesota Statutes, ~§ 469.174 et seq., as amended. <br /> <br />iii. <br /> <br /> <br />