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SECTION I-MODIFICATION TO THE DEVELOPMENT PROGRAM <br /> FOR DEVELOPMENT DISTRICT NO. 1 <br /> Foreword <br /> The following text represents a Modification to the Development Program for Development District No. 1. <br /> This modification represents a continuation of the goals and objectives set forth in the Development Program <br /> for Development District No. 1. Generally,the substantive changes include the establishment of Downtown <br /> Phase I Tax Increment Financing District No. 22. <br /> For further information, a review of the Development Program for Development District No. 1 is <br /> recommended. It is available from the City Administrator at the City of Elk River. Other relevant <br /> information is contained in the Tax Increment Financing Plans for the Tax Increment Financing Districts <br /> located within Development District No. 1. <br /> City of Elk River Modification to the Development Program for Development District No. I 1-1 <br />