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7. Market Value/Tax Base Generation: Points: _ <br />The project will result in a per square foot $90/sf+ <br />estimated market value of $80/sf+ <br />$70/sf+ <br />$60/sf+ <br />$50/sf or less <br />8. Type of Project: Points: <br />100% Owner Occupied 5 <br />Mix Owner Occupied & Investment 4 <br />Investment Property 3 <br />9. Use: Points: <br />Industrial ox Business Park Project 5 <br />Commercial Rehabilitation/Redevelopment 4 <br />10. Likelihood that the project will result in Points: <br />unsubsidized, spin-off development. High <br />Moderate <br />Low <br />Sub -Total Points: of a possible 45 points. <br />9. Bonus Points Bonus Points: <br />The project will be 100% Pay-aryouga TRF. 3 points <br />_ The project contributes to the goals of Energy City. 2 points <br />• Product promotes sensible use of energy, OR <br />• Project utilizes signiFicant energy efficient design &/or <br />materials in constmction. <br />5 <br />4 <br />3 <br />2 <br />1 <br />5 <br />3 <br />1 <br />Total Points <br />Overall project desirability: High 45-38 points <br />Moderate 37-29 points <br />Low 28-20 points <br />Not Eligible 19-0 points <br />City oEElk River <br />Tax Abatement Policy <br />1'°' Draft Amended March 2006 <br />- 13- <br />