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7. Type of Project: <br /> 100% Owner Occupied <br /> L--'""'NLLx Owner Occupied & Investment <br />~ Investment Property <br /> <br />8. <br /> /// Industrial or Business Park Project <br />__ Commercial Rehabilitation/Redevelopment <br /> <br />9. The project will pay annual <br />property taxes in the first fully <br />assessed year of $ -,:: --/ ? ~z' <br /> <br />10. Likelihood that the project will result in <br />unsubsidized, spin-off development. <br /> <br /> Points: ~'~// <br /> 5 <br /> <br /> 3 <br /> Point~~ <br /> 4 <br /> <br />25,000+ 4 <br />15,000+ 3 <br />10,000+ 2 <br />Under $10,000 1 <br /> <br /> Points: <br />High <br /> <br />Low 1 <br /> <br />Sub - Total Points: <br /> <br />of a possible 45 points. <br /> <br />9. Bonus Points <br /> <br />Bonus Points: __ <br /> <br />The project will be 100% Pay-asryou-go TRF. <br />The project contributes to the goals of Energy City. <br />· Product promotes sensible use of energy, OR <br />· Project utilizes significant energy efficient design &/or <br /> materials in construction. <br /> <br />3 points <br />2 points <br /> <br />Total Points: <br />Overall project analysis: <br /> <br />l'odherate <br /> <br /> Low <br /> Not Eligible <br /> <br />45-38 p. oints <br />37-29 3~ <br />28-20 points <br />19-0 points <br /> <br />City. of Elk River <br />Tax Rebate Financing Po[icy, ~Unended August 2002 <br /> <br />-13- <br /> <br /> <br />