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Local Street Mount Ridge Road, Prior, Iona (platted, not built) Arthur Street (new and expanded) Lincoln Drive to Terrace Drive to County Road C. VII. Parks and Trails The city parks in the area, Langton Lake and Oasis, provide an amenity for attracting redevelopment to the area. They provide both a visual amenity and recreational opportunities, which will greatly increase the viability of the area as an asset to the community. Another feature in the eastern half of the study area is County Ditch #4, a drainage way which winds its way from south of County Road C, north to Oasis Park, and from Oasis into Little Lake Johanna. The park and trail system in the City has been enhanced by connecting the major uses with a bicycle and trail system around Langton Lake and along the County Road "C" trail corridor, through the parks, and (in the future) along the ditch and other interior areas, which will create a unified recreational system in the Twin Lakes Area. The new Twin Lakes Parkway will also provide trail connections to Langton Lake from newly developed parcels. (Refer to Langton Lake Park Map). The character and standards governing the development of this park and trail system are outlined in a separate document: Roseville's Pathway Master Plan, Design and Guidelines. VIII. Tax Increment Financing Redevelopment, by its very nature, is more costly than new development in second- and third-ring suburban fields. To remain competitive with the growth in this suburban areas, Roseville has adopted policies which provide incentives to "level the playing field" for redevelopment. The City attempts to make redevelopment in Roseville as cost effective for the developer and business as flISt-time development in the second- and third-ring suburbs. Therefore, all of the Twin Lakes Redevelopment Area, except for the eastern edge, is within Tax: Increment Financing (TIP) Districts. (Refer to Twin Lakes Tax: Increment Financing District Map). The majority of the area is within TIP District 11, which was certified in 1989. Small portions of the area are within TIP Districts 7 and 9. TIP Districts 7 and 9 will be in place until 2012 and TIP District 11 will be in place until 2014, unless the City decertifies the districts early. The City has also created a Hazardous Substance Subdistrict to generate additional funds to assist with cleanup of contaminated properties along the northeast side of Arthur Street. To date, the City has committed over $10 million of tax: increment funds to facilitate the cleanup of contaminated sites and to facilitate the development of new buildings within the area. Approximately $3.3 million has been utilized for cleanup while the remaining $6.7 million has been used for redevelopment incentives such as land acquisition assistance, building demolition, soil correction and other site improvements. The sources of funding for the City's investment (which is normally paid back in approximately 12 years) include: shared project cash flow, tax increments, 10