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WHAT IS A SOILS CONDITION DISTRICT ? <br /> 411 <br /> A. Qualifying <br /> parcels containing hazardous substances, pollution or <br /> contaminants which require removal or remedial action for <br /> use; <br /> AND <br /> the estimated cost of the removal and remedial action <br /> exceeds the fair market value of the land before completion <br /> of the preparation; <br /> OR <br /> the estimated costs of the removal/remedial action exceeds <br /> $2 per square foot <br /> B . TIF Expenditures <br /> - land acquisition <br /> - cost of removal or remedial action <br /> - administrative expenses, including preparation of the <br /> development action response plan <br /> 110 C. Duration <br /> 12 years from approval of the TIF plan <br /> D. Pooling - 2096- <br /> E. <br /> 00E. LGA/HACA Election - 5 . 0% <br /> CASSERLY MOLZAHN & ASSOCIATES, INC. 6/10/96 <br />