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. <br /> TAX REBATE FINANCING PROPOSAL REVIEW WORKSHEET <br /> • Office Use Only <br /> 1. The project meets the criteria set forth in Section V of the Tax <br /> Rebate Financing policy. <br /> . • -- res o 1 • . iz-, . ' -, an. .x . •. ' ,.-1VAV <br /> b) Meets at least one of the objectives in Section P(LIE <br /> c)4 .' Demonstrates need for TRF with the but-for analysis. <br /> e) Consistent with all city plans and ordinances. <br /> f) Serves at least two public purpose as defined in Section V. <br /> 2. Ratio of Private to Public Investment in Project: Points: S <br /> $ L- Private investment C—-- -:I,) 5 <br /> $ So,(NCV Public Investment --4-:'f 4 <br /> l y: 1 Ratio Private : Public Financing 3:1 3 <br /> 2:1 2 <br /> Less than 2:1 1 <br /> 3. Job Creation in the City of Elk River: Points: 3 <br /> Number of new jobs as a result of the project. 25+ 5 <br /> Number of existing/retained jobs divided by 10. 20+__21_ <br /> 15 Total 1+ 3 <br /> ID 10,000 0 <br /> 1.30s rivt izer* .,_ 15 ESMLess than 10 1 <br /> 4. Ratio of TRF to new jobs created: ___ Points: -5 <br /> $ Sa O( O TRF request (-- $8,000 o_r lis 5 <br /> 15 Number of new jobs created $10,000 or less 4 <br /> $ 3T-S3 of TRF per new job created $12,000 or less 3 <br /> $15,000 or less 2 <br /> cE_s-t-rmii, Over $15,000 1 <br /> 5. Wage Level of jobs created: Points: 2- <br /> Average <br /> Average hourly wage Over $21/hour 5 <br /> of jobs created: IC?- 13 $18-21 /hour 4 <br /> $1. 17 /hour 3 <br /> STS tC C�A$10-13%hq2 <br /> rider 10 /hour 1 <br /> 6. Project size: Points: 2 <br /> The project will result in the construction +{,8'0,000+ 5 <br /> of square feet 14( 7 O 340,000+ 4 <br /> 0,000+ 3 <br /> III __.. _.10;000+._. . - 2 <br /> 10,000 or less 1 <br /> 12 <br />