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7. Market Value/Tax Base Generation: Points: <br /> The project will result in a per square foot Industrial Commercial <br /> estimated market value (land and building) $80/sf+ $110/sf+ 5 <br /> of $70/sf+ $100/sf+ 4 <br /> $60/sf+ $90/sf+ 3 <br /> $50/sf+ $80/sf+ 2 <br /> $40/sf+ $70/sf+ 1 <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 /> Manufacturing 5 <br /> Research&Development 4 <br /> Commercial Redevelopment 3 <br /> Warehouse/Distribution 2 <br /> Housing 1 <br /> 10. Likelihood that the project will result in Points: <br /> unsubsidized, spin-off development. High 5 <br /> Moderate 3 <br /> Low 1 <br /> Sub-Total Points: of a possible 45 points. <br /> 11. Bonus Points Bonus Points: <br /> The project will be 100%Pay-asyougo TIF. 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 construction. <br /> Total Points: <br /> Overall project analysis: High 45-38 points <br /> Moderate 37-29 points <br /> Low 28-20 points <br /> Not Eligible 19-0 points <br /> City of Elk River <br /> Tax Increment Policy&Application <br /> Amended May 2006 Page 13 of 13 <br />