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TAX INCREMENT FINANCING PLAN <br /> BUDGET MODIFICATION TO <br />TAX INCREMENT FINANCING DISTRICT NO. 9 <br /> <br />This will be a modification to Section E (1) Tax Increment Financing District <br />No. 9 cost estimates - budget. <br /> <br />This budget modification to Tax Increment Financing District No. 9 will <br />provide for additional expenditures in the maximum amount of $90,000 as <br />follows: <br /> <br />· Land purchase $24,000 <br />· Administration 6,000 <br />· Public improvements 60,000 <br /> Total: $90,000 <br /> <br />This budget modification is being undertaken for the primary purpose of <br />constructing a sidewalk in the Elk River Industrial Park and to complete <br />improvements to the Industrial Park entrance signage. <br /> <br /> <br />