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Attachment C <br />TAX INCREMENT FINANCING PROPOSAL REVIEW WORKSHEET <br />REDEVELOPMENT DISTRICT <br />1. Ratio of Private to Public Investment in Project: Points: <br />$ <br />Private investment <br />4:1 <br />5 <br />$ <br />Public Investment <br />3:1 <br />4 <br />Less than 15 <br />Ratio of Private to Public Financing <br />2:1 <br />3 <br />$ TIF request $15,000 or less <br />5 <br />1:1 <br />2 <br />$ of TIF per new job created $22,000 or less <br />Less than 1:1 <br />1 <br />2. Increase in Real Estate Value: <br />Points: <br />1 <br />$ <br />Value of Site before redevelopment <br />1:5+ <br />5 <br />$ <br />Value of site after redevelopment <br />1:4 <br />4 <br />$ <br />Ratio of value before:after redevelopment <br />1:3 <br />3 <br />1:2 <br />2 <br />Less than 1:2 <br />1 <br />3. New Job Creation in the City of MoundsView: Points: <br />Number of new jobs as a result of the project. 50+ <br />5 <br />Number of existing/retained jobs divided by 10. 30+ <br />4 <br />Total 25+ <br />3 <br />15+ <br />2 <br />Less than 15 <br />1 <br />4. Ratio of TIF to new jobs created: Points: <br />$ TIF request $15,000 or less <br />5 <br />Number of new jobs created $20,000 or less <br />4 <br />$ of TIF per new job created $22,000 or less <br />3 <br />$25,000 or less <br />2 <br />Over $25,000 <br />1 <br />5. Wage Level of jobs created: <br />Average hourly wage <br />of jobs created: <br />6. Project size: <br />The project will result in the construction <br />of square feet <br />N:\DATA\GROUPS\ECONDEV\TIF\Policy.DOC <br />Points: <br />Over $21/ hour <br />5 <br />$18 —21 / hour <br />4 <br />$14-17 / hour <br />3 <br />$10-13 / hour <br />2 <br />Under $10 / hour <br />1 <br />Points• _ <br />Over 120,000 <br />5 <br />100,000+ <br />4 <br />80,000+ <br />3 <br />60,000+ <br />2 <br />50,000+ <br />1 <br />