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I Analysis of City's Finding of Blight for Purposes of <br /> Oualifyin9 Tax Increment Financing District Ho. 1 as a <br /> Redevelopment District pursuant to Minnesota Statutes <br />I S273.73, Subd. 10(3 "Less than 7 per'cent of the parcels <br /> in the district )_re~ occupied .y buildings, streets, <br /> utilities or other improvements, but due to unusual terrain <br />I or soil deficiencies requiring substantial filling, grading <br /> or other physical preparation for use at least 80 percent of <br /> the total acreage of such land has a fair ~arket value upon <br /> inclusion in the redevelopment district which, when added to <br />i estimated cost of that land for <br /> the <br /> preparing <br /> development, <br /> excluding costs 'directly related to roads as defined in <br /> section 160.0! and local improvements as described in <br />I section 429.021, subd~vision 1, clauses 1 to 7, 11 and 1 <br /> and section 430.01, if any, exceeds its anticipated fa~r <br /> market value after completion of said preparationI". <br />I 1. Esti~ted Fair Market Value of <br /> <br />Property in Tax Increment <br /> <br />I Financin9 District No. 1 <br /> <br />2. Cost of Physical Preparation of <br /> <br />I the Land within. Tax Increment <br /> Financing Distr,ct No. 1= <br /> <br />A. $ <br />B. $ <br /> <br /> 3. Estimated Fair Market Value of <br />I Property in <br /> Tax. Increment <br /> Financing Distr,ct No. 1 after <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br /> <br />Physical Preparation of Land <br />is completed <br /> <br />II-C- 1 <br /> <br /> <br />