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<br />City of Mounds View Public Financing Policy & Application <br />Adopted February, 2016 (Expected) <br />Page 11 of 21 <br /> <br /> <br />D. PUBLIC PURPOSE <br /> <br />It is the policy of the City of Mounds View that the use of Public Financing should result in a benefit to the <br />public. Please indicate how this project will serve a public purpose: <br /> <br />____Creation of jobs with livable wages and benefits. <br />____Significantly increase the City’s tax base. <br />____Enhancement or diversification of the city’s economic base. <br />____Industrial development that will spur additional private investment in the area. <br />____Fulfillment of defined city objectives such as those identified in the City’s Comprehensive Plan, <br />among others. <br />____Removal of blight or the rehabilitation of a high profile or priority site. <br />____Enhancement or diversification of the city’s housing stock. <br />____Development that will spur additional private investment in the area. <br /> <br />E. JOB & WAGE GOALS <br />Hourly Wage <br />(excluding <br />Benefits) <br />A. Existing <br />Jobs Retained <br />B. (New) Full- <br />time Job <br />Creation <br />within 2 years <br />C. (New) <br />Part-time Job <br />Creation <br />within 2 years <br />Total Jobs <br />(A+B+C) <br />Hourly Value of <br />Health <br />Insurance <br />Hourly Value <br />of Non-Health <br />Insurance <br />Benefits <br />$9.00 to $10.99 $ $ <br />$11.00 to $12.99 $ $ <br />$13.00 to $14.99 $ $ <br />$15.00 to $16.99 $ $ <br />$17.00 to $18.99 $ $ <br />$19.00 to $20.99 $ $ <br />$21.00 to $22.99 $ $ <br />$23.00 to $24.99 $ $ <br />$25.00 to $26.99 $ $ <br />$27.00 to $28.99 $ $ <br />$29.00 to $30.99 $ $ <br />$31.00 and higher $ $ <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />