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_Removal of blight. <br /> _Rehabilitation of a high profile or priority site. <br /> _Significantly increase the City's tax base. <br /> D. SOURCES & USES <br /> SOURCES NAME AMOUNT <br /> Bank Loan _ $ <br /> Other Private Funds -(tA\v(K. $ -I- t �j bD .00 O <br /> Owner Cash Equity $ <br /> Fed Grant/Loan $ <br /> State Grant/Loan $ <br /> EDA Micro Loan $ <br /> Tax Abatement Q $ r <br /> ID Bonds $ <br /> TOTAL $ <br /> USES AMOUNT E <br /> Land Acquisition $ )M %0MI M <br /> Site Development $ <br /> Construction $ <br /> Machinery&Equipment $ <br /> Architectural&Engineering Fees $ <br /> Legal Fees $ <br /> Interest During Construction $ <br /> Debt Service Reserve $ <br /> Contingencies $ <br /> TOTAL $ <br /> City of Elk River Tax Abatement Policy&Application ERE0 <br /> ATURB <br /> Amended February 2014 N El <br /> Page 10 of 15 <br />