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• 7. Type of Project: Points: 9 <br /> 100% Owner Occupied <br /> it Mix Owner Occupied&Investment 4 <br /> Investment Property 3 <br /> 8. Use: Points: S- <br /> 1/ <br /> 1 Industrial or Business Park Project <br /> Commercial Rehabilitation/Redevelopment 4 <br /> 9.The project will pay annual Points: 6— <br /> property <br /> property taxes in the first fully <br /> assessed year of$ J' y 9p/C, 25,000+ 4 <br /> 15,000+ 3 <br /> 10,000+ 2 <br /> Under$10,000 1 <br /> 10. Likelihood that the project will result in Points: 3 <br /> unsubsidized, spin-off development. High 5 <br /> 1," Moderate 3 <br /> Low 1 <br /> Sub -Total Points: 33 of a possible 45 points. <br /> • 9. Bonus Points Bonus Points: 3 <br /> V The project will be 100%Pay-asyougo TRF. 3 points <br /> The project contributes to the goals of Energy City. 2 points <br /> • Product promotes sensible use of energy, OR <br /> • Project utilizes significant energy efficient design&/or <br /> materials in construction. <br /> Total Points: 3� <br /> Overall project analysis: Hih45-38 oints <br /> rate 37-29 pninr� <br /> Low 28-20 points <br /> Not Eligible 19-0 points <br /> • <br /> City of Elk River <br /> Tax Rebate Financing Policy,Amended August 2002 - 13 - <br />