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$10-13 / hour 2 <br /> Under$10 / hour 1 <br /> 6. Project size: Points: <br /> The project will result in the construction 40,000+ 5 <br /> of square feet 30,000+ 4 <br /> 20,000+ 3 <br /> 10,000+ 2 <br /> 10,000 or less 1 <br /> 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 /> Industrial or Business Park Project 5 <br /> Commercial Rehabilitation/Redevelopment 4 <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 /> eowEnE � � r <br /> City of Elk River Tax Abatement Policy&Application <br /> Amended February 2014 NATURE] <br /> Page 14 of 15 <br />