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<br />e <br /> <br />- <br /> <br />e <br /> <br />taxing jurisdictions as described in the TIF Plans will remain <br />unaffected. In addition, the office redevelopment at Main Street <br />and Freeport Avenue will not require the creation of a new Tax <br />Increment District. Therefore, the new property taxes generated <br />by the office will go directly to the local taxing jurisdictions. <br /> <br />7.) Administrative Procedures and Requirements This <br />Modification is being made pursuant to the Modification procedure <br />explained in the TIF Plans and Minnesota Statutes, Section <br />469.175, subd. 4, sOlely for the purpose of funding public <br />redevelopment costs at Main Street and Freeport Avenue. <br />