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\ <br /> utilization of existing infrastructure: Points: <br /> 4 <br /> <br />8. Project proposes a location near existing <br /> jobs, transportation, recreation, retail services, <br /> social services, and schools: Points: <br /> 2 <br /> <br />9. Type of Housing Project: Points: _____ <br /> 100% Owner Occupied 2 <br /> Investment Property 1 <br /> <br /> <br />10. Likelihood that the project will result in Points: _____ <br />unsubsidized, spin-off development. High 5 <br /> Moderate 3 <br /> Low 1 <br /> <br /> <br />Sub - Total Points: of a possible 38 points. <br /> <br /> <br /> _ <br />11. Bonus Points Bonus Points: <br /> <br /> The project will be 100% Pay-as-you-go TIF. 3 points <br /> The project contributes to the goals of Energy City. 2 points <br /> <br /> <br />Product promotes sensible use of energy, OR <br /> <br /> <br />Project utilizes significant energy efficient design &/or <br /> materials in construction. <br /> <br /> <br />Total Points: <br />Overall project analysis: High 38-30 points <br />Moderate 29-22 points <br />Low 21-13 points <br />Not Eligible 12-0 points <br /> <br /> <br /> <br />City of Elk River Tax Increment Financing Policy & Application- Housing <br />Amended DATE <br />Page 10 of 16 <br />