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B. PROJECT INFORMATION <br />1. The project will be:,~:/" , <br /> ~"Industrial: ~'New Construction __ Expansion Redevelopment / Rehab. <br /> Class A or B Office which conforms to business park standards <br /> Commercial Redevelopment/Rehabilitation <br /> Other <br /> <br />2. In addition ,.to the City of Elk River, applicant is requesting TRF funds <br /> from: "' Sherburne County School District 728 <br /> <br />3. The project will be: Owner Occupied ~eased Space <br /> · If leased space, please attach a list names and addresses of future lessees and <br /> indicate the status of commitments or lease agreements. Attach as Exhibit E. <br /> <br />4. Project Address ~--~Y' <br /> · Include ~g~ Description ~d PID Number. Attach as Exhibit F <br /> <br />5. Site Plan Attached' ~Yes No <br />6. Total ~ount of TRF Requested: $ ~over <br /> City Portion of TRF: ~nual $ ~Total $ <br /> County Portion of TRF: ~nual $~~Total $~~ <br /> ISD 728 Portion of TRF: ~nual $ ~otal $ <br /> <br />7. Current Real Estate Taxes on Project Site: $ <br /> Estimated Real Estate Taxes upon Completion: Phase I $ <br /> Phase II $ <br /> <br />8. Construction Start Date: <br /> Construction Completion Date: <br /> If Phased Project: <br /> <br />Year % Completed <br />Year % Completed <br /> <br /> C. PUBLIC PURPOSE <br /> It is the policy of the City of Elk River that the use of Tax Rebate <br /> Financing should result in a benefit to the public. Please indicate how <br /> th, if project will serve a public purpose. <br /> *' Job Creation: Numberofexistingjobs Y ~ <br /> Number of jobs created by project ?~ <br /> Average hourly wage of jobs created t/~ -/.~-" <br /> Y/New industrial development which will result in additional private <br /> ~/investment in the area. <br />/,/X ' Enhancement and/or diversification of the city's economic base. <br />)~-~The project contributes to the fulfillment of the City's Strategic <br />Plan for Economic Development. <br /> Removal of blight. <br /> Rehabilitation of a high profile or priority site. <br /> Other: <br /> <br />9 <br /> <br /> <br />