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6. Summary of Individual Tax Increment Financing Districts <br /> Obligations: <br /> The BCPII South (Soo Line) TIF district currently has an interfund loan for 35,640 from the Municipal Development Fund #560. The <br /> district was also obligated to pay the 2012B G.O. Tax Increment Refunding Bonds. <br /> In-District Obligations:lnterfund Loan from Fund #460 Through 2021 <br /> Pooled Obligations: 2012B (Refunded 2004B) Paid in full Proceeds to TIF #31 &#32 <br /> Three Year Rule: <br /> The BCPII South (Soo Line) TIF District met the 3-year rule. <br /> Four Year Rule: <br /> The BCPII South (Soo Line) TIF Four Year Rule deadline was January 2003. <br /> Five Year Rule: <br /> The five-year deadline was January 2004, by which time the development agreement was signed and obligations were issued. <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 BCPI South (Soo Line) TIF may not be enlarged after January 2004. <br /> 29 <br />