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7. Ty e of Project: Points: ~_ <br />100% Owner Occupied 5 <br />Mix Owner Occupied & Investment 4 <br />Investment Property 3 <br /> P <br />i <br />t <br />8. Use: o <br />n <br />s: <br />Industrial or Business Park Project 5 <br />_J~ Commercial Rehabilitation/Redevelopment 4 <br />9. The project will pay annual Points: ~~ <br />property taxes in the first fully 35,000+ 5 <br />assessed year of $l~ /53 25,000+ 4 <br /> 15,000+ 3 <br /> 10,000+ 2 <br /> Under $10,000 1 <br />10. Likelihood that the project will result in Points: <br />unsubsidized, spin-off development. High 5 <br />t/1~~Ioderate 3 <br /> Low 1 <br />Sub -Total Points: ~ ~ of a possible 45 points. <br />9. Bonus Points Bonus Points: <br />!~ The project will be 100% Pay-asyougo TRF. 3 points <br />/' The project contributes to the goals of Energy City. 2 points <br />• Product promotes sensible use of energy, OA <br />• Project utilizes significant energy efficient design &/or <br />materials in construction. <br />Total Points• <br />Overall project analysis: Hi h 45-38 oints <br />Moderate 37-29 points <br />Low 28-20 points <br />Not Eligible 19-0 points <br />City of Elk Rivex <br />Tax Rebate Financing Policy, Amended August 2002 - 13 - <br />