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6. Project includes community/ neighborhood: Points: <br />facility (pool, community center, etc.) 5 <br />7. Type of Housing Project: Points: <br />100% Owner Occupied 3 <br />Investment Property 2 <br />8. Likelihood that the project will result in Points: <br />unsubsidized, spin -off development. High 5 <br />Moderate 3 <br />Low 1 <br />Sub - Total Points: of a possible 55 points. <br />9. Point Adjustments <br />Bonus Points: <br />The project will be 100% Pay- asyougo TIF. 5 points <br />The project does not require modification to land use plan. 2 points <br />The project contributes to the goals of Energy City. 2 points <br />• Product promotes sensible use of energy, OR <br />• Project utilizes significant energy efficient design & /or materials in construction. <br />Total Points: Project Rating: Points: Max Eligibility: <br />Overall project analysis: <br />High 64 -50 points 100% <br />Moderate 37 -49 points 85% <br />Low 30 -36 points 65% <br />Not Eligible 0 -29 points 0% <br />City of Elk River Tax Increment Financing Policy & Application P 0 N E 8 E 0 B T <br />Amended March 2017 <br />Page 21 of 22 11'4ATURE1 <br />