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time frame of this provision from five years to ten for districts certified between June 30, 2003 and April 20, 2009. The ten year <br /> deadline is June 2014. <br /> 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 Brighton Village—Beisswenger's TIF may not be enlarged after January 2004. <br /> Recommendations: <br /> This district has a$0 cash balance while paying off the interfund loan to the Municipal Development Fund. This is expected to <br /> continue until 2018. <br /> • Budget Modifications: Not recommended. <br /> • Administrative Costs Limit: 10%of expenditures is anticipated to be $126,513 or 2.2%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 is June 2014. The development agreement has been issued. <br /> • 4-Year Rule: Met June 2010. <br /> • Developer Obligations: This district is paying an interfund loan to the Municipal Development Fund. <br /> r� Management Review&Analysis-Tax Increment Financing Districts February 2012 <br /> New Brighton, Minnesota Page 177 <br />