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Resolution 00-EDA135
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Resolution 00-EDA135
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Last modified
8/10/2022 11:15:47 AM
Creation date
2/2/2007 9:20:53 AM
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MV EDA
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Resolutions
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<br />B. PROJECT INFORMATION <br /> <br />. <br /> <br />L The project will be: <br />_Vacant Land Development <br />_Commercial Redevelopment: <br />_Industrial Redevelopment: <br />_Housing <br />__Other <br /> <br />_New Construction _ Expansion <br />New Construction _ Expansion <br />_:--Jew Construction Rehabilitation <br />~ew Construction Rehabilitation <br /> <br />2,. In addition to the Mounds View EDA, applicant is requesting abatement <br />funds from: Ramsey County _ School District 621 <br /> <br />3. The project will be: _Owner Occupied _Leased Space <br />. If leased spacc, pleasc attach a list names and addresscs of future lessces and indicate <br />the status of commitments 01' lease agreemcnts. Attach as Exhibit E. <br /> <br />4. Project Address <br />. Include Legal Description and PIn Number. Attach as Exhibit F <br /> <br />5. Site Plan Attached: Yes No <br />G. Total Abatement Requested: $ over years. <br /> City Abatement Ann ual $ Total $ <br />. County Abatement: Annual $ Total $ <br />ISD 621 Abatement: Annual $ Total $ <br />n Current Real Estate Taxes on Project Site: $ <br />I. <br /> Estimated Real Estate Taxes upon Completion: $ <br /> <br />8. Construction Start Date: <br />Construction Completion Date: <br />If Phased Project: <br /> <br />Year <br />Year <br /> <br />% Completed <br />% Completed <br /> <br />c. PUBLIC PURPOSE <br />It is the policy of the Mounds View EDA that the use of tax abatement <br />financing should result in a benefit to the public. Please indicate how this <br />project will serve a public purpose. <br /> <br />. <br /> <br />_Industrial development resulting in additional private investment <br />_Enhancement and/or diversification of the city's economic base. <br />_Removal of blight. <br />_Provide housing opportunities <br />_Expand the tax base <br />_Rehabilitation of a high profile or priority site. <br />_Job Creation/Retention: Numbcr of existing jobs <br />Number of jobs created by pl'Oject <br />Avcrage hourly wage of jobs created <br /> <br />_Other: <br /> <br />9 <br />
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