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7. Market Value/Tax Base Generation: <br />The project will result ui a per square foot <br />estimated market value (land and building) <br />8. Type of Project: <br />100% Owner Occupied <br />Mix Owner Occupied & Investment <br />Investment Property <br />9. Use: <br />Industrial ox Business Paxk Project <br />Commercial Rehabilitation/Redevelopment <br /> Points: <br />Industrial Comxnexcial <br />$80/sf+ $110/sf+ <br />$70/sf+ $100/sf+ <br />$60/sf+ $90/sf+ <br />$50/sf+ $80/sf+ <br />$40/sf+ $70/sf+ <br />5 <br />4 <br />3 <br />2 <br />1 <br />Points: <br />5 <br />4 <br />3 <br />Points• <br />5 <br />4 <br />10. Likelihood that the project will result in <br />unsubsidized, spin-off development. <br />Points• <br />High 5 <br />Moderate 3 <br />Low 1 <br />Sub -Total Points: of a possible 45 points. <br />11. Bonus Points <br />Bonus Points: <br />The project will be 100% Pay-aa'yougo Tax Abatement 3 points <br />The project contributes to the goals of Fnergy City. 2 points <br />• Product promotes sensible use of energy, OA <br />• Project utilizes significant energy efficient design &/or <br />materials in construction. <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 of Ells River <br />Tax Abatement Policy <br />Amended May 2006 <br />- 14- <br />