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<br />e <br /> <br />6.) Estimated Impact on the TIF Districts on Other Taxing <br />Jurisdictions - Because the proposed public development activities will be <br />paid for with tax increment currently retained or to be received by the City <br />under the TIF Plans, the estimated impact on other taxing jurisdictions as <br />described in the TIF Plans will be minimal. <br /> <br />7.) Administrative Procedures and Reauirements - This <br />Modification is being made pursuant to the Modification procedure explained <br />in the TIF Plans and Minnesota Statutes, Section 469.175, subd. 4, solely for <br />the purpose of providing for the partial financing of the Elk River Public <br />Library expansion project. TIF funds would be used to underwrite the <br />expansion costs of this public development activity. <br /> <br />e <br /> <br />e <br />