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