Laserfiche WebLink
B. PROJECT INFORMATION <br /> -,4 1. The roject will be: <br /> Industrial: -A New Construction Expansion Redevelopment/ Rehab. <br /> Office/research facility that conforms to business park standards <br /> Commercial Redevelopment/Rehabilitation <br /> Other <br /> 2. In addition to the City of Elk River,applicant is requesting TRF funds from: '\°ems ,0Cz- <br /> X Sherburne County School District 728 (,d*1 z ,� 1/ <br /> 3. Theproject will be: Owner Occupied Leased Space ® t <br /> �`•Tv <br /> /`,/ Ct..,‘ <br /> • If leased space,please attach a list names and addresses of future lessees and indicate <br /> the status of commitments or lease agreements.Attach as Exhibit E. <br /> 4. Project Address 7X .-V na til\-Y\ 41 C f c C. <br /> • Include Legal Descriptio tnd PID umber. Attach Ex obit F 75--Co 5 9'— O Z/0 <br /> k t t t r c , rke sj pct., K_ L 2, X14 2 <br /> 5. Site Plan Attached: X. Yes No <br /> 6. Total Amount of TRF Requested: 0 7 over years. <br /> City Portion of TRF: Annual$ Total$ <br /> County Portion of TRF: Annual$ Total$ <br /> ISD 728 Portion of TRF: Annual$ Total$ <br /> ill 7. Current Real Estate Taxes on Project Site: $ ` l v <br /> ? A <;50� <br /> Estimated Real Estate Taxes upon Completion: Phase I $ Sy, 9 9 6 <br /> Phase II $ <br /> 8. Construction Start Date: act 4 • 1 ;:)-0bConstruction Completion Date: �L L.) c)-,00 <br /> If Phased Project: Year % Completed <br /> Year % Completed <br /> C. PUBLIC PURPOSE <br /> It is the policy of the City of Elk River that the use of Tax Rebate Financing should <br /> result in a benefit to the public. Please indicate how this project will serve a public <br /> purpose. <br /> YJob Creation/Retention Number of existing jobs 13 /5-- 2 1 <br /> Number of jobs created by project 30 — /z4 <br /> Average hourly wage of jobs created/retaine4a 1.00 <br /> X New industrial development which will result in additional private <br /> investment in the area. <br /> XEnhancement and/or diversification of the city's economic base. <br /> 5(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 /> i _Other: <br /> City of Elk River <br /> Tax Rebate Financing Policy,Amended August 2002 9 - <br />