TAX INCREMENT DEVELOPMENT ASSISTANCE AGREEMENT BY AND BETWEENTax Increment Development Assistance Agreement • May 23rd, 2024
WHEREAS, the City has undertaken a program to promote economic development and job opportunities and to promote the development of land which is underutilized and redevelopment of land which is underutilized or characterized by blight within the City, and in connection therewith created a development project known as Development District No. 1 (the “Development District”) and developed a Development Program (the “Development Program”) therefor pursuant to Minnesota Statutes, Sections 469.124 to 469.134, as amended; and
