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• 6.) Estimated Impact of the TIF District on Other Taxing <br /> Jurisdictions - Because the proposed public development <br /> activities will be financed through tax increment funds <br /> currently retained by the city under the TIF Plan, the estimated <br /> impact on other taxing jurisdictions, as described in the TIF <br /> Plan, will remain unaffected. In addition, many private <br /> development activities undertaken without the creation of new <br /> Tax Increment Districts, will go directly to the local taxing <br /> jurisdictions, thereby creating a positive impact. <br /> 7.) Administrative Procedures and Requirements - This <br /> Modification is being made pursuant to the Modification <br /> Procedure outlined in the TIF Plan and Minnesota Statutes, <br /> Section 469.175, subd. 4, solely for the purpose of funding public <br /> development activities in accordance with the Plan and <br /> Minnesota Statutes. <br /> S <br /> • <br />