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Staff's review assumes abating taxes of the entire property for 15 years. Based on the analysis provided by <br />Springsted, it appears that GATR of Sauk Rapids, Inc. would not proceed with the project without <br />assistance. <br />Attachments <br />• Springsted Analysis (April 23, 2015) <br />• Tax Abatement Application <br />In accordance with MN State Statute 3.591 BUSINESS DATA. Subdivision 1, the following data, <br />that are submitted to a government entity by a business requesting financial assistance or a benefit <br />financed by public funds, are private or nonpublic data: financial information about the business, <br />including credit reports; financial statements; net worth calculations; business plans; income and <br />expense projections; balance sheets; customer lists; income tax returns; and design, market, and <br />feasibility studies not paid for with public funds are not included in this packet. <br />N: \Departments \Community Development \Economic Development \EDA \Administrative \Agenda \EDA Agenda Packets \2015 \5 -18- 2015 \x6.1 <br />at2 GATR EDA Finance Committee Staff Report.docx <br />