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<br />SECTION I- MODIFICA TION TO THE DEVELOPMENT PROGRAM <br />FOR DEVELOPMENT DISTRICT NO.1 <br /> <br />Foreword <br /> <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 DevelGpment District No. I. Generally, the substantive changes include the establishment of Downtown <br />Phase I Tax Increment Financing District No. 22. <br /> <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. I. <br /> <br />City of Elk River <br /> <br />Modification to the Development Program for Development District No. I <br /> <br />1-1 <br />