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7.1 SR 10-05-2020
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7.1 SR 10-05-2020
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7/28/2021 1:56:33 PM
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10/5/2020
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B. PROJECT INFORMATION <br />1. The project will be: <br />Redevelopment District <br />Housing District <br />Soils Condition District <br />Renewal and Renovation District <br />X Economic Development District <br />2. The project will be: X Owner Occupied Leased Space <br />3. Project Address 17565 Tyler Street Northwest Elk River MN 55330 <br />Legal Description & Parcel Identification Number(s) <br />LOT1 BLK 2 3UB-1 TO EASEMENT OF RECORD <br />75-757-0205 <br />4. Site Plan and Preliminary Construction Plans Attached: _X Yes____ No <br />5. Amount of Tag Increment Requested for: <br />Land Purchase $ 378100 <br />Public Improvement $ <br />Site Improvement $ 513,377 <br />6. Current Real Estate Taxes on Project Site: $ D <br />Estimated Real Estate Taxes upon Completion: Phase I $44,039 <br />Phase II $111,660 <br />7. Construction Start Date: October 2020 _ <br />Construction Completion Date: June 2021 <br />If Phased Project: PH1 2021 Year _100_% Completed <br />PH2 2025 Year _100_% Completed <br />
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