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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 Property2 <br /> <br />8. Likelihood that the project will result in Points: <br />unsubsidized, spin-off development.High5 <br /> Moderate 3 <br /> Low 1 <br />Sub - Total Points: of a possible 55 points. <br />9. Point Adjustments Bonus Points: <br /> The project will be 100% Pay-as-you-go 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 materi <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 <br />Amended March 2017 <br />Page 22 of 22 <br />498942v2 JSB EL185-13 <br />