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• Industrial Development Results <br /> Since 2000 approximately 23 acres has been developed for industrial development with <br /> approximately 208,000 square footage of building space developed. The development <br /> included adding new businesses, retaining businesses and capturing expansions. <br /> All the development used one or more financial incentives and added over $4,126,000 <br /> million in tax base as illustrated in the chart below. <br /> Chart 5 <br /> 2000 - 2002 Industrial Development Results <br /> Year Client/ Purpose Financial Building Land Property Tax <br /> Developer Incentives Size Size Base <br /> Contribution <br /> 2000 SoftPac/Opus New TIF 77,000 SF 14 Acres $1,911,500 <br /> Business $700,000 <br /> Location <br /> 2000 Elk River Spec/Multi TIF 52,000 SF 6 acres $780,600 <br /> Business Park Tenant <br /> Brookstone/ <br /> Amcon <br /> 2000 Ripplinger Spec/ $129,050 22,500 SF 1.5 Acres $407,000 <br /> f • Multi Tenant for Land, <br /> Utility <br /> Extension <br /> Costs <br /> 2000 Norha Spec/ $129,050 22,500 SF 1.5 Acres $407,000 <br /> Multi Tenant for Land, <br /> Utility <br /> Extension <br /> Costs <br /> 2000 R&W Spec/ $24,638 18,000 SF N/A $366,000 <br /> Enterprises/ Multi Tenant TRF <br /> Weicht (Tax Rebate) <br /> TOTAL 192,000 SF 23 Acres $3,872,100 <br /> • <br /> Duckor&Associates,Inc. 1 <br /> A BluePrint for Your Success. . .Today and Tomorrow <br />