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(9 ba kerti ll <br /> y <br /> Tax Increment Financing Plan <br /> for <br /> Tax Increment Financing <br /> (Housing) District No. 28 <br /> (Jackson Hills Apartments Phase II <br /> Housing Project) <br /> City of Elk River, Minnesota <br /> Prepared by <br /> Baker Tilly Municipal Advisors, LLC <br /> Draft Dated: December 2, 2021 <br /> Anticipated Review by HRA Board: January 3, 2022 <br /> Anticipated Approval by City Council: January 18, 2022 <br /> Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and wholly-owned subsidiary of Baker Tilly US, LLP, an <br /> accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the <br /> members of which are separate and independent legal entities. <br />