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Resolution 00-EDA128
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Resolution 00-EDA128
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Last modified
8/10/2022 11:15:46 AM
Creation date
2/2/2007 9:20:47 AM
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MV EDA
EDA Document Type
Resolutions
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<br />. <br /> <br />. <br /> <br />. <br /> <br />B. PROJECT INFORMA nON <br />The project will be: <br />_Vacant Land Development <br />_Commercial Redevelopment: <br />_Industrial Redevelopment: <br />_Housing: <br />Other <br /> <br />New Construction <br />New Construction <br />_New Construction <br />New Construction <br /> <br />_ Expansion <br />_ Expansion <br />Rehabilitation <br />Rehabilitation <br /> <br />The project will be: _Owner Occupied _Leased Space <br /> <br />If leased space, please attach a list names and addresses of future lessees and indicate the status of <br />commitments or lease agreements. Attach as Exhibit E. <br /> <br />Project Address <br />Legal Description <br /> <br />Site Plan Attached: <br />Building Square Footage: <br />Number of Units if Applicable: <br /> <br />Yes <br /> <br />No <br /> <br />Amount of Tax Increment Requested: <br /> <br />Land $ <br />Public Improvement $ <br />Site Improvement $ <br /> <br />Current Real Estate Taxes on Project Site: $ <br />Estimated Real Estate Taxes upon Completion: $ <br /> <br />Construction Start Date: <br />Construction Completion Date: <br />If Phased Project: <br /> <br />% Completed <br />% Completed <br /> <br />Year <br />Year <br /> <br />C. PUBLIC PURPOSE <br />It is the policy of the City of Mounds View that the use of Tax Increment Financing should result in a <br />benefit to the public. Please indicate how this project will serve a public purpose. <br /> <br />Job Creation: <br /> <br />Number of existing jobs <br />Number of jobs created by project <br />Average hourly wage of jobs created <br /> <br />_New industrial development which will result in additional private investment in the area. <br /> <br />_The project contributes to the fulfillment of the City's economic development and redevelopment goals <br /> <br />_Removal of blight. <br /> <br />_Rehabilitation of a high profile or priority site. <br /> <br />_Provision of Low and Moderate Income Housing. <br /> <br />Other: <br /> <br />7 <br />
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