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15 <br />XI. Attachment C: APPLICATION PROPOSAL REVIEW WORKSHEET <br /> <br />REDEVELOPMENT DISTRICT <br /> <br />1. Ratio of Private to Public Investment in Project: Points: <br />$ Private investment 4:1 5 <br />$ Public Investment 3:1 4 <br /> Ratio of Private to Public Financing 2:1 3 <br /> 1:1 2 <br /> Less than 1:1 1 <br /> <br />2. Increase in Real Estate Value: Points: <br />$ Value of Site before redevelopment 1:5+ 5 <br />$ Value of site after redevelopment 1:4 4 <br />$ Ratio of value before:after redevelopment 1:3 3 <br /> 1:2 2 <br /> Less than 1:2 1 <br /> <br />3. New Job Creation in the City of MoundsView: Points: <br /> Number of new jobs as a result of the project. 50+ 5 <br /> Number of existing/retained jobs divided by 10. 30+ 4 <br /> Total 25+ 3 <br /> 15+ 2 <br /> Less than 15 1 <br /> <br />4. Ratio of TIF to new jobs created: Points: <br />$ TIF request $15,000 or less 5 <br /> Number of new jobs created $20,000 or less 4 <br />$ of TIF per new job created $22,000 or less 3 <br /> $25,000 or less 2 <br /> Over $25,000 1 <br /> <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 /> <br />6. Project size: Points: <br />The project will result in the construction Over 100,000 5 <br />of square feet 80,000+ 4 <br /> 60,000+ 3 <br /> 40,000+ 2 <br /> 40,000 or less 1 <br />