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2007.01.16 EDA Packet
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2007.01.16 EDA Packet
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8/24/2017 1:43:18 PM
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8/24/2017 1:43:16 PM
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Commissions
Meeting Date
1/16/2007
Document Type
Agenda/Packets
Commission Name
EDA
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8. Assessed Value: Points: <br /> 7+ times current 5 <br /> 6 times current 4 <br /> 5 times current 3 <br /> 4 times current 2 <br /> 3 times current 1 <br /> 9. The project will pay annual Points: <br /> property taxes in the first fully 50,000+ 5 <br /> assessed year of$ 35,000+ 4 <br /> 20,000+ 3 <br /> 10,000+ 2 <br /> Under 10,000 1 <br /> 10. Likelihood that the project will result in Points: <br /> unsubsidized, spin-off development. High 5 <br /> Moderate 3 <br /> Low 1 <br /> Sub - Total Points: of a possible 45 points. <br /> 8. Bonus Points Bonus Points: <br /> The project will be 100% Pay-as-you-go TIF. 3 points <br /> The project meets the goals of downtown redevelopment 2 points <br /> Total Points• <br /> Overall Project Analysis: 40-48 Points Max Remaining Term <br /> 35-39 Points 65-75% of Remaining Term <br /> 25-34 Points 40-50% of Remaining Term <br /> 15-24 Points 25-30% of Remaining Term <br /> 0-14 Points Not Eligible <br /> 14 <br />
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