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12/07/2017 EDAC Packet
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12/07/2017 EDAC Packet
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5/26/2022 11:52:33 AM
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EDAC
EDAC Document Type
EDAC Packet
Meeting Date
12/07/2017
EDAC Meeting Type
Regular
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City of Lino Lakes, Minnesota <br />8. Use: <br />Industrial or Business Park Project <br />Commercial Rehabilitation/Redevelopment <br />Points: <br />5 <br />4 <br />9. The project will pay annual property taxes <br />Points: <br />in the first fully assessed year of <br />35,000+ 5 <br />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 <br />Points: <br />unsubsidized, spin-off development <br />High 5 <br />Moderate 3 <br />Low 1 <br />Sub -Total Points of a possible 45 points. <br />11. Bonus Points Bonus Points: <br />The project will be 100% pay-as-you-go Tax 3 points <br />Abatement <br />The project contributes to the goals of ..... 2 points <br />• Product promotes sensible use of energy, OR <br />• Project utilizes significant energy efficient design <br />and/or materials in construction <br />Total Points: <br />Overall project analysis <br />High <br />Moderate <br />Low <br />Not Eligible <br />45-38 points <br />37-29 points <br />28-20 points <br />19-0 points <br />Financial Assistance Application Page 11 <br />
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