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2015 Financial Incentive <br />El Application <br />River Housing Tax Increment Financing <br />I. PROJECT INFORMATION <br />Property Information (Please print) <br />Address: Parcel Number: 75 - <br />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 or Rehabilitation <br />Other <br />The project will be: <br />If Leased Space <br />Owner Occupied Leased Space <br />Percent Occupied 6 months after Certificate of Occupancy <br />Total Amount of Tax Increment Requested: $ over years. <br />City Portion: <br />County Portion: <br />ISD 728 Portion: <br />Current Real Estate Taxes on Project Site: <br />Annual $ Total $ <br />Annual $ Total $ <br />Annual $ Total $ <br />Estimated Real Estate Taxes upon Completion: Phase I $ Phase II $ <br />Construction Start Date Construction Completion Date <br />Percent of project complete on December 31, current year. <br />11. CONTACT INFORMATION <br />Public Information Notice <br />Generally, correspondence to and from Staff is considered public information. Specific data related <br />to a financial assistance request is deemed not public: Financial Information, Financial Statements, <br />Net worth Calculations, Business Plans, Income and Expense projections, Balance Sheets, Customer <br />Lists, Income Tax returns. When public financial assistance is received, only the following remains <br />not public: Business Plans, Income and Expense projections, Customer lists, Income tax returns, <br />design, market, and feasibility studies not paid for with public funds. The city does allow an <br />applicant to submit sensitive financial information directly to the City's financial consultant, for <br />additional security. <br />Property Owner Information (Pleaseprint)Name: <br />mail address: <br />City of Elk River Tax Increment Financing Policy & Application- Housing <br />Amended DATE <br />Page 9 of 16 <br />E- <br />P 0 1 E R E 0 1 1 <br />NATURE <br />