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(f) The City may amend the terms of the Interfund Loan at any time by resolution of the City <br />Council, including a determination to forgive the outstanding principal amount and accrued <br />interest to the extent permissible under law. <br />5. Certification. The Auditor of Crow Wing County is requested to certify the original net tax capacity <br />of Tax Increment Financing District No. 2 -2 as described in the Tax Increment Financing Plan, <br />and to certify in each year thereafter the amount by which the original net tax capacity has <br />increased or decreased in accordance with the Act; and the City Administrator is authorized and <br />directed to forthwith transmit this request to the County Auditor in such form and content as the <br />Auditor may specify, together with a list of all properties within Tax Increment District No. 2 -2 for <br />which building permits have been issued during the 18 months immediately preceding the <br />adoption of this Resolution. <br />6. Filing. The City Administrator is further authorized and directed to file a copy of the Development <br />Program and the Tax Increment Financing Plan with and the Commissioner of Revenue and <br />Office of the State Auditor. <br />The motion for the adoption of the foregoing resolution was duly seconded by member <br />— and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />Whereupon said resolution was declared duly passed and adopted. <br />