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411 square foot bays with rear facing dock doors and small interior office areas, <br /> all well suited for manufacturing and distribution business. Current zoning <br /> of the property is I1(Light Industrial), with an underlying land use <br /> designation of L1(Light Industrial). The area of TIF District No. 17 as shown <br /> on the attached map is defined by a proposed replat of Avon Acres 2nd <br /> Addition. <br /> Attachments <br /> • Modifications to the Development Program for Development District No. 1 <br /> and the Tax Increment Financing Plan for Tax Increment Financing <br /> District No. 17 <br /> • Location/Zoning/Land Use Maps <br /> • Preliminary Site Plan <br /> • Schedule for Completing Establishment of Tax Increment Financing <br /> District No. 17 <br /> Recommendation <br /> Staff recommends that the Planning Commission find the Modification to <br /> Development District No. 1 and the Tax Increment Financing Plan for Tax <br /> 111 Increment Financing District No. 17, as presented, to be in compliance with <br /> the City of Elk River Comprehensive Plan. <br /> \\elkriver\sys\shrdoc\planning\pc\tif 17.doc <br /> • <br />