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99-056
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99-056
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Last modified
7/13/2005 3:10:54 PM
Creation date
7/12/2005 10:36:34 AM
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<br />',' <br /> <br />'. '.,' "', <br /> <br />. " . <br />. '.. . .. . <br /> <br />. "'.'.., -','..',',,', <br /> <br />- .: . . ~ . .., . . <br /> <br />" _, '_' ' n' ,_" . ~ . ' . <br /> <br />~ _ -, -4i... _. " . . <br /> <br />EXHIBIT XXX - D <br /> <br />"BUT FOR" ANALYSIS <br /> <br />The property to be included in this tax increment financing district is being acquired from the <br />Soo Line Railroad Company. The property is vacant railroad property and is adjacent to an <br />industrial park that the City has been attempting to develop for fifteen (15) years. The <br />parcels are unusually shaped and can only be developed in connection with other properties <br />that the City has previously purchased. The parcels also have an unusual topography and <br />will require extensive site preparation. In addition, various utility and roadway <br />improvements are required. Because of the unusual shape of the parcels, the extensive site <br />work that is required to make them suitable for development, and because of the high costs of <br />providing necessary utilities, these parcels could not be developed but for the City's <br />assistance. <br /> <br />G:\WPDATA\N\NEW BRIGHTON\29\TIF\TIF PLAN EXHIBITS.DOC <br /> <br />XXX-D-l <br />
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