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Architect Name <br /> Address <br /> Phone Fax Email <br /> . PROJECT I TI <br /> 1. The project will be: <br /> Industrial: New Construction Expansion Redevelopment/ Rehab. <br /> Office/research facility that conforms to Business Park zoning standards <br /> Commercial Redevelopment/Rehabilitation <br /> Other <br /> 2. In addition to the City of Elk River, applicant is requesting Tax Abatement from: <br /> Sherburne County X School District 728 <br /> 3. The project will be:_Owner Occupied Leased Space <br /> 4. Project Address 17931 Zwo,,3bIrld <br /> Parcel Identification Number(s) -1,5- -5 ^ 00 <br /> 5. Site Plan and Construction Plans Attached: Yes 14—A. No <br /> 6. Total Amount of Tax Abatement Requested: $ over years. <br /> City Portion: Annual$ Total$ MAX Fe-o- <br /> County Portion: Annual$ Total$ <br /> ISD 728 Portion: Annual$ Total <br /> 7. Current Real Estate Taxes on Project Site: $ <br /> Estimated Real Estate Taxes upon Completion: Phase I <br /> Phase 11 $ <br /> 8. Construction Start Date: <br /> Construction Completion Date: <br /> If Phased Project Year % Completed <br /> Year % Completed <br /> C. PUBLIC PURPOSE <br /> It is the policy of the City of Elk River that the use of Tax Abatement should result <br /> in a benefit to the public. Please indicate how this project will serve a public <br /> purpose. <br /> Job Creation/Retention Number of existing jobs <br /> Number of jobs created by project An <br /> Average hourly wage of jobs created/retained fA <br /> New industrial development which will result in additional private <br /> investment in the area. <br /> _Enhancement and/or diversification of the City of Elk River's economic base. <br /> The project contributes to the fulfillment of the City's Economic Development <br /> Strategic Plan. <br /> Fr0w € R € ® 81 <br /> City of Elk River Tax Abatement Policy&Application <br /> Amended February 2014 [NATURE] <br /> Page 9 of 15 <br />