4.1. EDSR ATTACHMENT 03-28-2017 - Laserfiche WebLink

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2015 Financial Incentive Elk - Application River ^ Housing Tax Increment Financing 1 . PROJECT INFORMATION Property Information (pleaseprint) Address: XXX Jackson Ave Parcel Number: 75- 134- 2303 �� The project will be: X Housing Other LIC) Vv1`[ G The project will be; Owner Occupied ,„_Leased Space If Leased Space 50Percent Occupied 6 months after Certificate of Occupancy Total Amount of Tax Increment Requested: $ 500,00001'r 1 Syears. City Portion: Annual$ 11k Total$ 165k County Portion: Annual$ 11k Total$ 165k ISD 728 Portion: Annual$ 11k Total$ 165k Current Real Estate Taxes on Project Site: $ 2748.00 ` Estimated Real Estate Taxes upon Completion: Phase I$-4F-0-0— Phase II$ I 4 �� Construction Start Date 7_17 Construction Completion Date 5-1$ Percent of project complete on December 31,current year. 20% II. CONTACT INFORMATION Public Information Notice Generally,correspondence to and from Staff is considered public information. Specific data related to a financial assistance request is deemed not public: Financial Information,Financial Statements, Net worth Calculations,Business Plans,Income and Expense projections,Balance Sheets,Customer Lists,Income Tax returns. When public financial assistance is received,only the following remains not public: Business Plans,Income and Expense projections,Customer lists,Income tax returns, design,market,and feasibility studies not paid for with public funds. The city does allow an applicant to submit sensitive financial information directly to the City's financial consultant, for additional security. Property Owner Information (please print)Name: PLB Rev Trust E- mail address: Address: 19021 Freeport Street guute WO-P City of Elk River Tax Increment f=inancing Policy&.'application-Housing P Q W E R I R 8 T Amended April 8 2015 INATURE Page 9of14