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Ce <br /> <br />DEVELOPMENT PROGRAM <br /> <br />1. Development Proqram for the Development District <br /> <br /> The Development Program for the Development District is <br />attached to this TIF Plan as Exhibit A and is hereby <br />incorporated herein. The Development Program identifies the <br />boundaries of the Development District, identifies the <br />properties acquired within the Development District, and lists <br />the development expected to occur within the Development <br />District. <br /> <br /> 2. Property to be Included in the TIF District <br /> <br /> The legal descriptions of the properties to be included <br />in the TIF District are as' follows: <br /> <br /> Lot 1, 'Block 1, Elk River Industrial Park, Second <br /> Addition <br /> <br /> Lot 2, Block 1, Elk River Industrial Park, Second <br /> Addition <br /> <br /> Lot 3, Block 1, Elk River Industrial Park, Second <br /> Addition <br /> <br /> Lot 4, Block 1, Elk River Industrial Park, Second <br /> Addition <br /> <br />Attached as Exhibits A-1 and A-2 are a map and survey showing <br />the exact location of the TIF District in the City of Elk <br />Kiver. <br /> <br /> 3. Property Acauired and to be Acquired <br /> <br /> The Development Program identifies a one-acre site of <br />property acquired in the Development District for the <br />construction of a new water tower. This water tower site, <br />along with necessary permanent and temporary easements for <br />water main, is the only property acquired to date in the <br /> <br />o <br /> <br /> <br />