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a benefit to the public. Please indicate how this project will serve a public purpose. <br /> Job Creation/Retention Number of existing jobs <br /> Number of jobs created by project <br /> Average hourly wage of jobs created/retained <br /> _New industrial development which will result in additional private <br /> investment in the area. <br /> _Enhancement and/or diversification of the city of Elk River's economic base. <br /> _The project contributes to the fulfillment of the city's Economic Development <br /> Strategic Plan. <br /> _Removal of blight. <br /> _Rehabilitation of a high profile or priority site. <br /> _Significantly increase the city's tax base. <br /> D. SOURCES & USES <br /> SOURCES NAME AMOUNT <br /> Bank Loan $ <br /> Other Private Funds $ <br /> Owner Cash Equity $ <br /> Fed Grant/Loan $ <br /> State Grant/Loan $ <br /> EDA Micro Loan $ <br /> Tax Abatement $ <br /> ID Bonds $ <br /> TOTAL $ <br /> USES AMOUNT <br /> Land Acquisition $ <br /> Site Development $ <br /> Construction $ <br /> Machinery&Equipment $ <br /> Architectural&Engineering Fees $ <br /> Legal Fees $ <br /> Interest During Construction $ <br /> Debt Service Reserve $ <br /> Contingencies $ <br /> TOTAL $ <br /> Page 10 of 15 POWERED 0r <br /> INAWRE1 <br />