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APPENDIX "C" <br />ELIGIBILITY <br />It Is proposed that the tax Increment district is a redevelopment district <br />under the blighted land provisions of the law. The basis of this finding originates <br />with the Braun Report, Titled "Wetland Evaluation", Miller industrial Park, <br />September, 1983. The Report Indicates that the vast majority of the evaluated <br />area has soil, water or other conditions requiring correcting before buildfngs can be <br />built. It wopild appear that the 80 percent rule is met as well as the cost to cure. <br />The basis for the finding of blight is that the cost of the land plus the cost to <br />correct the soil is a higher cost per unit of land ti.an a similar unit of land within <br />the City without any problems. The land has remained undeveloped after the <br />studies for nearly five years. Considering that other industrial development has <br />proceeded within the City, the cost factor would be the logical reasoning for non - <br />development of the proposed industrial/commercial park. <br />Therefore, based on the Braun Report and the extra costs required to <br />correct the soil, the tax increment district will be defined a redevelopment district <br />In this plan. <br />Appendix "C" - I <br />