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7.1. EDSR 06-15-2020
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7.1. EDSR 06-15-2020
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6/15/2020
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Policy 2003-01 Tax Rebate Policy Page 8 of 10 <br /> <br />B. PROJECT INFORMATION <br /> <br />1. The project will be: <br />____Industrial:____New Construction ____Expansion ____ Redevelopment / Rehab. <br />____Office/research facility that conforms to business park standards <br />____Commercial Redevelopment/Rehabilitation <br />Other______________________________________________ <br /> <br />2. In addition to the City of Anoka, applicant is requesting TRF funds from: <br /> ____Anoka County ____School District 11 <br /> <br />3. The project will be: ____Owner Occupied ____Leased Space <br />• If leased space, please attach a list names and addresses of future lessees and <br />indicate the status of commitments or lease agreements. Attach as Exhibit E. <br /> <br />4. Project Address_________________________________________________________ <br />• Include Legal Description and PID Number. Attach as Exhibit F <br /> <br />5. Site Plan Attached: _____Yes _____No <br /> <br />6. Total Amount of TRF Requested: $_________over________ years. <br />City Portion of TRF: Annual $__________ Total $_________ <br />County Portion of TRF: Annual $__________ Total $_________ <br />ISD 11 Portion of TRF: Annual $__________ Total $_________ <br /> <br />7. Current Real Estate Taxes on Project Site: $ <br />__________ <br /> Estimated Real Estate Taxes upon Completion: Phase I $ <br /> Phase II $ <br />8. Construction Start Date:____________________________________________ <br /> Construction Completion Date:_______________________________________ <br /> If Phased Project:__________Year _______ % Completed <br /> __________Year _______ % Completed <br /> <br />C. PUBLIC PURPOSE It is the policy of the City of Anoka that the use of Tax <br />Rebate Financing should result in a benefit to the public. Please indicate how this <br />project will serve a public purpose. <br /> <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 investment in <br /> the area. <br />________Enhancement and/or diversification of the city's economic base. <br />________The project contributes to the fulfillment of the City's Economic <br /> Development Plan. <br /> ________Removal of blight. <br /> ________Rehabilitation of a high profile or priority site. <br /> Other:_________________________________________________________
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