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improvements, including, but not limited to, soil correction, <br /> • grading, utilities, streets, curb and gutter, and sidewalks, <br /> may also be installed in the Industrial Park or in other areas <br /> of the Development District if determined by the City Council <br /> to be necessary and appropriate to meet the purposes of the <br /> Development Program. No contracts have been entered into at <br /> this time with respect to these public development activities . <br /> Public development activities within the TIF District <br /> will be limited to the correction of existing deficient soil <br /> conditions by the removal of bad soil (peat) and the <br /> replacement of bad soils with compactible fill . <br /> E. OTHER DEVELOPMENT <br /> All major development proposals of which the City is <br /> • aware and which the City expects to take place within the <br /> Development District are listed in Section I of the Development <br /> Program. To the City' s knowledge, this list identifies all <br /> major development reasonably expected to take place within the <br /> Development District and the dates when such development is <br /> likely to occur. <br /> No development other than that specifically identified in <br /> Section D above is proposed for the TIF District. <br /> F. FINANCIAL ANALYSIS OF THE TIF DISTRICT <br /> 1 . Preliminary Cost Estimates of the Improvements to be <br /> Financed: <br /> Property Acquisition $225,000 <br /> Correction of Soil Conditions 68, 000 <br /> • Administrative and legal 22 , 000 <br /> Capitalized interest 45 , 000 <br /> Total estimated costs $360 , 000 <br /> 8 . <br />