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3. The City and the Authority may perform or provide for some or all necessary acquisition,
<br /> construction,relocation,demolition,and required utilities and public streets work within the
<br /> . District.
<br /> Subsection 2-5. Description of Property in the District and Property To Be Acquired
<br /> The District encompasses all the parcel and adjacent rights-of-way identified below. The map below shows
<br /> the parcel included in the District and the boundaries of Housing Project No. 1.
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<br /> S osi�€ac4ati 9 ° � 11--— <am„c Housing
<br /> -- Ili"• 4 � €i .%WI Project No. 1
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<br /> Parcel Numbers
<br /> 34-118-23-24-0058*
<br /> *The above parcel number represents current identification.
<br /> The parcel will be subdivided and a new parcel number will be assigned
<br /> to the property included within the District.
<br /> Any property within the Project Area may be acquired by the Authority.
<br /> Subsection 2-6. Classification of the District
<br /> The Authority,in determining the need to create a tax increment financing district in accordance with M.S.,
<br /> Sections 469.174 to 469.179, as amended, inclusive, finds that the District,to be established, is a housing
<br /> district pursuant to M.S., Section 469.174, Subd. 11 as defined below:
<br /> Orono HRA Tax Increment Financing Plan for Tax Increment Financing District No. I-I 2-2
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