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PROPOSED PROJECT <br /> <br /> Desc~be Project:. Transportation facility <br /> Office, Maintance, Distribution center <br /> <br />Location: 171st Ave. Elk River, MN. <br /> <br />Site Plan Attached: Yes x No <br /> <br />, ~Typ, e of Project: <br /> <br />Commercial x <br />New Construction <br /> <br /> Industrial <br />x Expansion <br /> <br />Residential <br /> Rehab <br /> <br />,JOB CREATION <br /> <br />Current Number of Employees: lO8 <br />Current Payroll: 130,272.23 bi weekly <br />Number of Jobs Created: 157o <br />Number of Jobs Retained: all <br />Revised Payroll: 18% increase <br /> <br />PROJECT COSTS <br /> <br />Land Acquisition: $ <br />Site Development: $ <br />Construction: $ <br />Machinery & Equipment: $ <br />Architectural and <br />Engineering Fees $, <br />Legal Fees $ <br />Interest During Const. $ <br />Debt Service Reserve $ <br />Contingencies $ <br /> <br />TOTAL $. <br /> <br />SOURCE OF FINANCING <br /> <br />Conventional Loan $ <br />Equity $ <br />SBA Loan $ <br />Revenue Bond $ <br />Tax Increment Financing $ <br />Grant(s) $ <br />Other $ <br /> <br />TOTAL $. <br /> <br /> <br />