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Roseville City Council. 17 March 1982 Page 2 5. Sketches were prepared for thirteen (13 ) and cost estimates -were prepared for all of twenty -two ( 2) public improvement projects which are considered potentially fundable, all or in part, through tax increment financing, within the redevelopment area, 6. The site development plans were pr epa red for the vast majority of the parcels proposed for inclusion in the tax increment finance districts. These plans were then compared with similar existing uses within the city to assemble the base data necessary to estimate the assessed valuation (and therefore the tax increment) following redevelopment. 7, The Tax Increment Finance Feasibility Deport was prepared summarizing the above noted information and including important background information regarding tax increment finance 1 egi sl ati ors and the administration and maintenance of tax increment finance plans. The Tax Increment Finance Feasibility Report includes a great deal of information which can be incorporated into the final tax increment financing plan document, However, the preparation of this final report will require the refinement of and de tailed elaboration upon all of the information which has been assembled, regarding both costs and revenues, The work required to complete the final tax increment report will include at least the following: 1. The refinement of public improvement costs and the determination of priorities regarding the completion of these improvements, 2, The preparation of findings necessary to establish the Empowering District according to the Municipal Development District Act M.S. 472A; 3. The preparation of findings to establish and quality each of the two proposed tax increment districts under the Redevelopment }district section of the 1979 Minnesota Tax Increment Finance Act, This will in.o 1 ude not only-general findings regarding problems af-fecting the development of each district, and the consistency of this redevelopment effort with the City's Comprehensive Plan, but also, detailed, site specific findings regarding each parcel.