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16 <br /> <br />ATTACHMENT B: APPLICATION REVIEW WORKSHEET <br /> <br /> <br /> <br />1. The project meets the criteria set forth in Section V of the Tax <br />Rebate Financing policy. (A through D must be checked) <br /> a) Meets at least one of the objectives in Section III. <br /> b) Conforms with one of the eligible uses defined in Section V. <br /> c) Demonstrates need for TAF with the but-for analysis. <br /> d) Consistent with all city plans and ordinances. <br /> <br />2. Ratio of Private to Public Investment in Project: Points: <br />$ Private investment 5:1 5 <br />$ Public Investment 4:1 4 <br /> Ratio Private : Public Financing 3:1 3 <br /> 2:1 2 <br /> Less than 2:1 1 <br /> <br />3. Job Creation in the City of Mounds View: Points: <br /> Number of net new jobs as a result of the project ≥25 5 <br />or ≥20 4 <br /> Number of retained jobs ≥15 3 <br /> ≥10 2 <br /> Less than 10 1 <br /> <br />4. Ratio of TRF to new jobs created or retained: Points: <br />$ TRF request $ 8,000 or less 5 <br /> Number of new jobs created or retained $ 10,000 or less 4 <br />$ TRF per new job created $ 12,000 or less 3 <br /> or retained $ 15,000 or less 2 <br /> Over $15,000 1 <br /> <br />5. Wage Level of jobs created or retained: Points: <br />Average hourly wage Over $21/ hour 5 <br />of jobs created or retained: $18-21 / hour 4 <br /> $14-17 / hour 3 <br /> $ 9-13 / hour 2 <br /> Under $9 / hour 1 <br /> <br />6. Project size: Points: <br />The project will result in the construction 25,000 sq. ft+ 5 <br />of net square feet 20,000+ 4 <br /> 10,000+ 3 <br /> 5,000+ 2 <br /> 5,000 or less 1 <br /> <br />M.V. Tax Rebate Policy 9.22.03 Final <br /> <br />TO BE COMPLETED BY CITY STAFF