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Minnesota Business Assistance Form-View Form Page 5 of 6 142. <br /> } <br /> 2-Job Retention <br /> Hourly Wage of$23.00 to$24.99(excluding benefits): <br /> 1 -Full time Job Creation <br /> 0-Part-time Job Creation <br /> 0-Job Retention <br /> Hourly Wage of$25.00 to$26.99(excluding benefits): <br /> 2-Full time Job Creation <br /> 0-Part-time Job Creation <br /> 2-Job Retention <br /> Hourly Wage of$27.00 to$28.99(excluding benefits): <br /> 1 -Full time Job Creation <br /> 0-Part-time Job Creation <br /> 0-Job Retention <br /> Hourly Wage of$29.00 to$30.99(excluding benefits): <br /> 1 -Full time Job Creation <br /> 0-Part-time Job Creation <br /> 3-Job Retention <br /> Hourly Wage of$31.00 and higher(excluding benefits): <br /> 12-Full time Job Creation <br /> 2-Part-time Job Creation <br /> 11 -Job Retention <br /> 32. Has the recipient achieved all goals and fulfilled all obligations stipulated in the agreement?: No <br /> Section 5-Recipients Failing to Fulfill Obligations <br /> • 33.During the period January 1,2003 through December 31,2006,did your organization have any <br /> recipients who failed to report as required by Minn.Stat. 0116J.993 and 01161994?No <br /> 34. Did your organization have any recipients who failed to achieve any goals or fulfill any other <br /> obligations under an agreement signed on or after January 1,2006,that were required to be fulfilled <br /> by the time of this report?Yes <br /> Section 5-Recipients Failing to Fulfill Obligations <br /> Provide the following information for each recipient failing to fulfill goals or any other terms of an <br /> agreement that were to be attained by the time of reporting. <br /> 35.Information on recipient and agreement: <br /> Name of recipient in default:The Bank of Elk River <br /> Type of subsidy or assistance:Tax Abatement <br /> Initial value of subsidy or assistance:66864 <br /> Street Address:630 Main St <br /> City:Elk River <br /> State:MN Zip Code:55330 <br /> Outstanding value of subsidy or assistance:23.3136 <br /> • 36.Has the recipient achieved all Goals(see Questions 29,30,and 31)and fufiiled all obligations <br /> file://C:\Documents and Settings\cknooflDesktop\DEED09.28.2011.htm 12/2/2013 <br />