Laserfiche WebLink
*4WfiX,,4UTAAL:Q k Wil JJ 14 1 LefAV �JL <br />IKO�E COMPLETED BY CITY STAFF <br />1. The I project meets the criteria set forth in Section 'V of the Tax Abatement policy. <br />a) Meets at least one of the objectives in Section I'll. <br />Demonstrates need for Tax Abatement with the 17111- 1 ys1 s. <br />L/ c) (:onsistent'With all city plans and ordinances, 17111 -far ana <br />Serves at least two public purposes as defined in Section V( g), <br />2. Ratio of Private to All Public Investment in Project: <br />I10-�' Private Investment <br />public Investment dcolc,(Y) <br />Ratio Private: Public Financing <br />3. job Creation in the City of Elk River. <br />Number of new jobs as a result of the project <br />Number of existing/ retained jobs <br />Total <br />4. Ratio of Public Investment to job Creation: <br />$ <br />Number of nav jobs created /retained <br />.. f6f Public Investment per new job <br />5. Wage Level of new jobs created/ retained <br />]'Minimum hourly wage <br />of jobs created /retained: <br />6,. Project size: <br />The project -,rill result in the construction <br />of square feet <br />Less than <br />Less than <br />Points: <br />5:1 5 <br />4:1 4 <br />3:1 3 <br />2:1 2 <br />11 1 <br />Points: <br />25+ 5 <br />20+ 4 <br />15+ 3 <br />10+ 2 <br />10 1 <br />Points: `9 <br />$8,000 or less 5 <br />$10,000 or less 4 <br />$12,000 or less 3 <br />,Sl 5,000 or less 2 <br />Over $15,000 1 <br />Points: <br />Over $21 / hour 5 <br />$18-21 hour 4 <br />$14-17 hour 3 <br />$10-13 hour 2 <br />Under $10 / hour 'I <br />Page 13 of 14 rP 0 N I R 1 0 11 <br />Points: <br />40,000+ <br />5 <br />30,000+ <br />4 <br />20,000+ <br />3 <br />10,000+ <br />2 <br />10,000 or less <br />1 <br />Page 13 of 14 rP 0 N I R 1 0 11 <br />