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. redevelopment our to reduce the cost of redevelopment as public improvements, soil clean-up and correction, and building to rate prices other outer ring Based upon by Ryan Companies on potential new a new building Computing, we net new taxes on the facility be approximately $120,000 - $150,000 for up to years of which a portion could be made available to help finance the eligible redevelopment costs associated the Each tax increment assistance project is reviewed on a case case basis and requires further detailed financial analysis and Council approval. . Industrial Revenue Bonds - The City could consider issuing low interest industrial revenue bonds up to a limit allowed by state statute for the project which is between $1 - $10 million limit. Specific details on the project would need to be reviewed more fully to determine the amount and eligibility. . US Environmental Protection Agency: Roseville is involved with a US EP A Brownfield Assessment Demonstration Pilot, which provides deferred and/or forgivable loans for environmental cleanup associated with the redevelopment in Twin Lakes. The amount of the funds would be based upon any clean up necessary up to a maximum of $475,000. . Contamination Clean Up Grants: The City of Roseville could apply for contamination clean-up funds for contaminated sites from the Metropolitan Council's Tax Base Revitalization Grant and the State Contamination Clean Up Grant Program. These grants are issued on a semi-annual cycle. The City received the funds and in turn reimburses the developer for the clean up costs. This would reduce most of any environmental issues that may develop on the site. . Customized Training Funds: The Minnesota Jobs Skins Partnership Program provides grants of up to $400,000 to educational institutions with businesses as partners to develop training programs specific to business needs. Century College in White Bear Lake works with this program to provide tailored customized training programs for specific company needs. In addition, the Hire Education Loan Program provides short-term, no interest loans of up to $250,000 to Minnesota businesses to assist them in obtaining the training they need for new or existing employees. Both programs are provided by the State of Minnesota. . Special Assessment: For new or redevelopment construction, the city may assist in providing long-term, low-interest financing on any special assessments for storm water runoff basins, sewer and water extensions, road, curb, gutter, sidewalks and lighting as needed. Page Three