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Preliminary Thoughts on how Criteria should be defined - <br />Type of DevelopmentPotential Ranking Criteria <br />High/Low Point Value <br />What development goal is desired? <br />NUMBER of Jobs Created - NOTE JOB CREATION GOAL IS REQUIRED PER <br /> 1. Limit amount of subsidy per job created (i.e. $10,000/joNo <br /> 2. Provide higher points/scoring based upon lower level of No <br /> 3. Credit for part time jobs or only credit for FTE FTE only and 1 requred per existing policyLow <br /> 4. Is job retention more important than new jobsNo <br /> 5. Is diversity of types of jobs importantNo <br />Hourly Rate/Wages - NOTE WAGE FLOOR IS REQUIRED PER STATUTE <br /> 1. Amount above minimum wage (i.e. 2 times State minimum wa Leave per current policy at 150% of State Minimum WageLow <br /> 2. Wage specific (rather than using minimum wage as a benchNo <br /> 3. Should benefits be included in the wage amount (i.e. wagNo <br />Building Valuation <br /> 1. Should there be a minimum per sq/ft value for the buildi Yes - Do Range for Different Uses <br /> 2. Should the value before and after development be weighte YesHigh <br />Meets targeted sector <br /> 1. Corporate campusNot overly important <br />Med <br /> 2. Office Med Tech Office is preferred <br />Commercial <br /> 3. Multi-tenant buildingsNo <br />Med <br /> 4. High tech or major manufacuturer Would like clean manufacturing <br /> 5. Research and developmentNo <br /> 6. WarehousedDistributionNo <br /> 7. Medical facilityIndifferent <br />High <br /> 8. Sit down restaurant Yes <br /> 9. Small specialty retail (i.e. Trader Joes, specialty retai YesHigh <br /> 10. Small businesses (Non Start up, but under 100 employees Would like to provide incentives for small businesses <br />Med <br />Ratio of Public Vs. Private Invesment <br /> 1. Measure public vs private investment and higher points f Want minimum threshold. Staff/Ehlers to return with options forHigh <br />Additional Criteria or Bonus Points <br /> 1. Clean up of blighted area Yes, but not TCAAPMed <br />High <br /> 2. Special purpose project of the City (i.e. high priority Yes <br /> 3. LEED construction/certificationNo <br />Low <br /> 4. Retains major employer (top 10)Yes <br /> 5. Does not require any City fee waiversNo <br />Yes - Added per direction from Council <br /> 6. Significant rehabilitation or expansion of an existing pr <br />Number and Type of units <br /> 1. Provide higher scoring for higher density vs. lower densNo <br /> 2. Provide higher points/scoring for providing affordable hNo <br /> 3. Should City set parameters on mix of affordable units (iMay be discussed in the future <br />Building Valuation <br /> 1. Should there be a minimum per unit value for the buildinno <br />High <br /> 2. Should the value before and after development be weighte Yes <br />Meets targeted sector <br /> 1. Work force/AffordableNo <br />Housing <br /> 2. Senior independent rentalNo <br /> 3. Senior housing with servicesNo <br />Ratio of Public Vs. Private Investment <br />High <br /> 1. Ratio of Public vs. Private Investment Want minimum threshold. Staff/Ehlers to return with options for <br />Additional Criteria or Bonus Points <br /> 1. Clean up of blighted area Yes <br /> 2. Special purpose project of the City (i.e. high priority Yes <br /> 3. LEED construction/certificationNo <br /> 4. Provides housing option not currently availableNo <br />Yes <br /> 5. Significant rehabilitation of an existing apartment comp <br />