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X. ATTACHMENT C: APPLICATION REVIEW WORKSHEET <br />TO BE COMPLETED BY CITY STAFF <br />1. The project meets the criteria set forth in Section V of the Tax <br />Abatement Financing policy. <br />a) Meets at least one of the objectives in Section III. <br />b) Demonstrates need for TAF with the but -for analysis. <br />c) Consistent with all city plans and ordinances. <br />d) Conforms with the criteria defined in Section V. <br />2. Ratio of Private to Public Investment in Project: Points: <br />$ Private investment 5:1 <br />5 <br />$ Public Investment 4:1 <br />4 <br />Ratio Private: Public Financing 3:1 <br />3 <br />2:1 <br />2 <br />Less than 2:1 <br />1 <br />3. Job Creation in the City of Mounds View: Points: <br />Number of net new jobs as a result of the project. 25+ <br />5 <br />Number of existing/retained jobs divided by 10. 20+ <br />4 <br />Total 15+ <br />3 <br />10+ <br />2 <br />Less than 10 <br />1 <br />4. Ratio of TAF to new jobs created: Points:_ <br />$ TAF request $8,000 or less <br />5 <br />Number of new jobs created $10,000 or less <br />4 <br />$ of TAF per new job created $12,000 or less <br />3 <br />$15,000 or less <br />2 <br />Over $15,000 <br />1 <br />5. Wage Level of jobs created: Points:_ <br />Average hourly wage Over $21/ hour 5 <br />of jobs created: $18-21/hour 4 <br />$14-17 / hour 3 <br />$10-13 / hour 2 <br />Under $10 / hour 1 <br />6. Project size: Points: <br />The project will result in the construction 30,000+ 5 <br />of net square feet 20,000+ 4 <br />10,000+ 3 <br />5,000+ 2 <br />5,000 or less 1 <br />15 <br />