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• <br /> 7. Type of Project: Points: <br /> 100% Owner Occupied 41.11. <br /> 410 Mix Owner Occupied&Investment 4 <br /> Investment Property 3 <br /> 8. Use: Points: S <br /> t'Industrial or Business Park Project <br /> Commercial Rehabilitation/Redevelopment 4 <br /> 9. The project will pay annual Points: <br /> property taxes in the first fully 35,000+ 5 <br /> assessed year of$ 2V, __©Q 25,000+ 4 <br /> 15 000+ <br /> 10,000+ 2 <br /> Under$10,000 1 <br /> 10. Likelihood that the project will result in Points: <br /> unsubsidized,spin-off development. High 5 <br /> t/Moderate <br /> Low 1 <br /> Sub- Total Points: 2? of a possible 45 points. <br /> III9. Bonus Points Bonus Points: .� <br /> The project will be 100%Pay-asyou do TRF. 3 .o'. <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: �2 <br /> Overall project analysis: High 45-38oints <br /> Moderate 3_229_ppints <br /> Low 28-20 points <br /> Not Eligible 19-0 points <br /> III <br /> City of Elk River <br /> Tax Rebate Financing Policy,Amended August 2002 - 13 - <br />