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02-08-2016
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02-08-2016
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8/6/2018 6:08:44 AM
Creation date
8/6/2018 6:08:20 AM
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MV EDA
EDA Document Type
Council Packets
Date
2/8/2016
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14 <br />7. Type of Project: Points: <br /> 100% Owner Occupied 5 <br /> Mix Owner Occupied & Investment 4 <br /> Investment Property 3 <br />8. Use: Points: <br /> Industrial 5 <br /> Warehouse/Distribution 4 <br /> Commercial 3 <br /> Housing 3 <br />9. The project will pay annual Points: <br />property taxes in the first fully assessed 120,000+ 5 <br />year of $ 80,000+ 4 <br />60,000+ 3 <br />40,000+ 2 <br />20,000+ 1 <br />Below 20,000 0 <br /> <br />10. Likelihood that the project will result in Points: <br />unsubsidized, spin-off development. <br /> High 5 <br /> Moderate 3 <br /> Low 1 <br /> <br /> <br />11. Bonus Points Bonus Points: <br /> The project will be 100% pay-as-you-go TIF. 3 points <br /> The project contributes to Highway 10 Redevelopment 3 points <br /> <br /> <br />Total Points: <br /> <br /> <br />Overall project analysis: <br /> <br />High <br /> <br />50-43 points <br /> Moderate 42-34 points <br /> Low 33-26 points <br /> Not Eligible 25-0 points <br />Sub - Total Points: of a possible 50 points.
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