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9 <br />B. PROJECT INFORMATION <br />The project will be: <br />____Vacant Land Development ____New Construction ____ Expansion <br />____Commercial Redevelopment: ____New Construction ____ Expansion <br />____Industrial Redevelopment: ____New Construction ____ Rehabilitation <br />____Housing: ____New Construction ____ Rehabilitation <br />____Other <br /> <br />The project will be: ___Owner Occupied ____Leased Space <br />If leased space, please attach a list names and addresses of future lessees and indicate the status of <br />commitments or lease agreements. Attach as Exhibit E. <br /> <br />Project Address <br />Legal Description <br /> <br /> <br /> <br />Site Plan Attached: ____ Yes ____ No <br />Building Square Footage: <br />Number of Units if Applicable: <br /> <br />Amount of Tax Increment Requested: <br /> Land $ <br /> Public Improvement $ <br /> Site Improvement $ <br /> <br />Current Real Estate Taxes on Project Site: $ <br />Estimated Real Estate Taxes upon Completion: $ <br /> <br />Construction Start Date: <br />Construction Completion Date: <br />If Phased Project: Year % Completed <br /> Year % Completed <br /> <br />C. PUBLIC PURPOSE <br />It is the policy of the City of Mounds View that the use of Tax Increment Financing should result in a <br />benefit to the public. Please indicate how this project will serve a public purpose. <br /> <br />___Job Creation: Number of existing jobs <br />Number of jobs created by project <br />Average hourly wage of jobs created <br />___New industrial development which will result in additional private <br />investment in the area. <br />___The project contributes to the fulfillment of the City’s economic <br />development and redevelopment goals <br />___Removal of blight. <br />___Rehabilitation of a high profile or priority site. <br />___Provision of Low and Moderate Income Housing. <br />___Other: