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SCHEDULE 1 TO EXHIBIT A RESOLUTION NO. 97-057 Introduction The proposed District includes 16 parcels comprising approximately 37 acres. It contains severely contaminated properties, outmoded industrial buildings, aging homes and non-conforming land uses among other obstacles to development. Over 80% of the District is part of a federal and state Super-fund site which encompasses Bell Lumber & Pole Company and MacGillis & Gibbs Company. Both businesses have been in the lumber treating business since 1923 and 1918 respectively and have severely contaminated their properties. Approximately four (4) acres of the proposed TIF District is part of the Bell Pole wood treating facility and approximately 2S acres of the District is MacGillis & Gibbs property (the "M&G Site") . Another 2+ acres of the District is occupied by a former school building being used as a manufacturing and warehouse building referred to as the "530 5th Avenue building". This was built in the early 1900's and is in very poor condition and is outmoded as a manufacturing and warehouse facility. Approximately two (2) acres of the District is former rail property and is constrained by the location of a Williams Pipeline. Since 1984, the M&G Site has been listed as part of a federal Superfund Site. For 13 years, neither the Environmental Protection Agency ("EPA") nor the Minnesota Pollution Control Agency ("MPCA") have required the wood treatment and storage operation to be discontinued so that the site can be cleaned up. Although real estate taxes on portions of the M&G Site have not paid since 1982 Ramsey County has just recently instituted a tax forfeiture process. Since no other unit of government has been willing to either foreclose or take title to the property, the City of New Brighton has now undertaken to condemn the property as part of its redevelopment efforts. Under threat of condemnation, the property owner has now allowed access to the EPA so that the cleanup of the M&G Site may commence this summer of 1997. In addition to environmental clean-up needs, the M&G Site is littered with many structures in poor condition. Several have not been actively used for many years. All will need to be removed. Background Located a half mile from City Hall, the M&G Site has a long history. Adjacent to railroad lines on its western boundary and accessible to two major freeways, the M&G Site has for many decades been used as a wood treatment and storage facility. In