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. . . ~ 7. That it is therefore necessary, desirable and in the public interest to adopt certain amendments to the Development Program for Development District No. 1 (the Development Program) and the Tax Increment Financing Plan for Tax Increment Financing District No.1 (the Tax Increment Financing Plan), including amendments which eliminate certain parcels of property from Tax Increment Financing District No. 1 and add to Tax Increment Financing District No. 1 certain other parcels of property. 8. That Tax Increment Financing District No. 1 as amended continues to qualify as an economic development tax increment financing district pursuant to Minnesota Statutes Chapter 273.73, Subd. 12, for the same reasons set forth in the City Council's Findings in Resolution No. 85-11 adopting the original Tax Increment Financing Plan and designating the original Tax Increment Financing District No.1. 9. That the proposed amendments to the Development Program and Tax Increment Financing Plan are necessary. 10. That the Tax Increment Financing Plan as amended is consistent with and conforms to the Comprehensive Plan for development of the City as a whole and to the City's adopted L~nd Use Plan, for the same reasons set forth in the City Council's Findings in Resolution No. 85-11. 11. That the Tax Increment Financing Plan as amended will afford maximum opportunity, consistent with the sound needs of the City as a whole., for development by private enterprise for the same reasons as set forth in the City Council's Findings in Resolution No. 85-11. 12. That the proposed amendments to the Development Program prepared by City staff and consultants adequately and accurately set forth the required amendments to the Development Program. 13. That the proposed amendments to the Tax Increment Financing Plan prepared by City staff and consultants adequately and accurately set forth the required amendments to the Tax Increment Financing Plan and accurately identify the necessary additions and deletions from Tax Increment Financing District No.1. 14. That the Planning Commission for the City of Elk River has been consulted with respect to the amended Development Program and amended Tax Increment Financing Plan. 15. That the amended Development Program and the amended Tax Increment Financing Plan are consistent with the City's Comprehensive and Land Use Plans. 16. That the amended Tax Increment Financing Plan has been transmitted by the City to the Sherburne County Board of Commissioners and to the School Board for Independent School District No. 728.