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Geographic Enlargements: <br /> MN Statute 469.175 sub 4(f)places limits on the length of time a TIF district may add parcels.No parcels may be added five years <br /> after the certification date.The Ken's Market TIF may not be enlarged after January 2004. <br /> Recommendations: <br /> This district has a zero cash balance while paying off the interfund loan. <br /> • Budget Modifications: Not recommended. <br /> • Administrative Costs Limit: 10%of expenditures is anticipated to be $52,911 or 7.9%at the end of the district. <br /> • Pooling Limitation: This district currently has$0 available for pooling outside the district. <br /> • 5-Year Rule: Deadline was January 2004. The development agreement and interfund loan was issued prior to this date. <br /> • 4-Year Rule: Met January 2003. <br /> • Developer Obligations: This district is still paying on the interfund loan to the Municipal Development Fund. <br /> Management Review&Analysis-Tax Increment Financing Districts February 2012 <br /> New Brighton, Minnesota Page 151 <br />