HomeMy WebLinkAboutMemo - Mail Packet - 10/8/2019 - Memorandum From Clay Frickey Re: History And Overview Of North College Community Advisory CommitteeProject ________________________________________________ Project # ____________
NORTH COLLEGE CAG TIF CRITERIA SCORE SHEET
Date __________
Applicability
yes or no
Weight Factor
Score
Weight x Points
Range for
Points 0-10
Project
Characteristics
Annual Property Tax Increment/Acre 2 (20)
Annual Sales Tax Increment/S.F. (Retail Only) 1 (20)
(1st 36 Months Projected)
Annual Payroll (Commercial Only) 0.5 (5)
Implements City Plan (Incl. N.College Plan) 2 (20)
Enhances Area/Eliminates Blight 2 (20)
Local Ownership (Larimer Co.) 0.5 (5)
(Commercial Only, Property Owner After Completion)
FINANCIAL STRUCTURE
Demonstrated Need/Gap in Proforma 0.5 (5)
Type of Request 1 (10)
Form of Payment 0.5 (5)
% of Total Project Cost Requested 1 (10)
% of Total TI Requested 1 (10)
% of MAX SCORE FOR APPLICABLE CRITERIA
ATTACH NOTES
TOTAL SCORE
Min.-Mod.-Greatly
None-Some-Most
Low-Med-High
Grant-Loan-Loan Guar.
Lump Sum-Over Time
$0-10K-20K+
$0-5-10+
$0-500K-1M+
Min.-Mod.-Greatly
FINANCIAL BENEFITS
COMMUNITY BENEFITS
50+-30-15 or less
50+-30-15 or less